Super Cheap $MLHC .017 DD Fully Reported OTCQB Rev
Post# of 63700
M Line Holdings, Inc.?s primary objective is to provide modern concepts to an aerospace based holding company through the acquisition of available precision machine tool metal manufacturing companies that target the aerospace and medical industries together with the acquisition of new technology companies thereby enhancing shareholder value.
Website: http://www.mlineholdings.com
50-200 EMPLOYEES
MLHC currently operates 2 wholly owned subsidiaries that are positioned for growth; Eran Engineering, Inc. ("Eran") and E.M. Tool Company, Inc. dba Elite Machine Tool Company ("Elite").
Eran is AS9100 REV C certvified and engineers/manufactures precision metal products and services to such major customers as Panasonic, Rockwell Collins, Driessen, UTC Aerospace Systems and Iris Medical.
Elite sells pre-owned machine tool equipment that has been refurbished in Elite's facility to customer specifications.
MLHC has acquired a significant minority position in Mediatronics Corp., a private company that benefits from synergies with ERAN and is a designer of media infotainment platforms including cloud connected applications for the auto and specialty vehicle markets which includes; marine, RV, truck, sports performance and off-road vehicles. Customers include both OEM (including one of the "Big 3 Automakers") and tier 1 and 2 suppliers to each of these selected markets
**MAJOR CUSTOMERS** Panasonic, Rockwell Collins, Driessen, UTC Aerospace Systems and Iris Medical
$$$$$$ Short Term is $0.10-$0.25, Mid to Long Term is $0.50+ $$$$$$
Daily Chart was .28 52 Week High > > http://scharts.co/1cfc2gK
Share Structure is Amazing
O/S 60 MILLION
FLOAT 20-30 MILLION
A/S 100 MILLION
****INSIDERS HOLD 23 MILLION****
*****AMAZING FINANCIALS*****
ASSETS $5 MILLION
REVENUES $10 MILLION
GROSS PROFIT $2 MILLION
*****$MLHC'S MARKET VALUE $1.1 MILLION***** in a TRILLION DOLLAR MARKET GROWING AT AN ASTRONOMICAL RATE $4.5 TRILLION BY 2031
The M Line Holdings, Inc. subsidiaries together provide a broad range of precision engineering manufacturing and assembly services, as well as one of the largest sellers of pre-owned CNC equipment throughout the United States.
Our manufacturing capabilities shown below include the use of the latest technology, while adhering to strict quality and process control standards:
CNC Machining
Milling
Assembly and sub-assembly
We provide a top quality facility to support our manufacturing operations, including:
A 50,000 square foot, state-of-the-art manufacturing facility
Engineering Capabilities ? Catia V License for CAD/CAM ? StrataSys 3D Printer ? Business Partnership Agreement with EXMD Airframe (former Boeing Canada/Aero Mecachrome)
Mechanical assembly department that provides turnkey assemblies
Certified to AS 9100 Rev C ? Familiar with Boeing D1-4426 ? Comply with Boeing D6-5199
A newly introduced Oracle based Manufacturing ERP system by Component Controls ? Quantum
HUGE SUBSIDIARIES
Elite Machine Tool Company
http://www.elitemachinetool.com/elite/
Precision Aerospace and Technologies, Inc.
http://precisionaerotech.com/
Mediatronics, Corp.
http://www.mediatronicscorp.com/
BASED ON RECENT MERGER WITH MONEY LINE'S MEDIATRONIC CORP. EXPECT A FEW MORE ACQUISITIONS AS FROM MONEY LINES FINE LIST OF AEROSPACE AND TECHNOLOGY
Quote:
The current plan is for the Company to only acquire Money Line?s interest in Money Line?s aerospace and technology companies thereby maintaining the primary focus of the group in aerospace and technology.
M Line also intends to form a new subsidiary that will manage all the financial programs of the group. The primary focus will be to originate all the equipment leasing transactions generated by Elite Machine Tool. This profit center will help to cover the expenses of the corporate office.
Overall, your Board believes that the value of your Company is greater than the share price indicates and our plan is to continue to add shareholder value.
Remaining Subsidiaries
Surreal Medias
Aircraft Seal & Gasket, Inc.
M Line Capital, Inc. (Arizona)
M Line Busniess Credit, Inc.
M Line Areospace, Inc.
M Line UK Limited
Fun Quenchers, Inc.
Golive SMS
Nu Air Technologies, Inc.
MANAGEMENT INCLUDING SUBSIDIARIES MANAGEMENT http://www.mlineholdings.com/management/
RECENT NEWS
M Line Holdings Inc Announces Auditor Change-Form 8-K
Tuesday, 2 Jul 2013 03:05pm EDT
M Line Holdings Inc reported in its Form 8-K that on June 27, 2013, the Board of Directors (Board) of M Line Holdings, Inc. (Company) dismissed Kabani & Company, Inc. (Kabani), as the Company?s independent registered public accounting firm. On June 27, 2013, the Board approved the engagement of MaloneBailey, LLP, Certified Public Accounting Firm (MaloneBailey), as the Company?s new independent registered public accounting firm.
M Line Holdings, Inc., Changes the Name of Eran Engineering, Inc. to Precision Aerospace and Technologies, Inc.
TUSTIN, Calif., May 16, 2013 (GLOBE NEWSWIRE) -- M Line Holdings, Inc. (OTCQB:MLHC), ("M Line" or the" Company"). M Line is pleased to announce that following its successful refinancing, it has changed the name of its subsidiary, Eran Engineering, Inc., to Precision Aerospace and Technologies, Inc. ("Precision"). This is being done to more fully reflect the direction and growth of this subsidiary.
The Company plans to grow Precision primarily within the commercial and defense sectors of the aerospace industry. M Line believes that Precision's growth will increase much faster than projected growth in the commercial aerospace industry.
Precision will still continue to manufacture and grow the business with other customers in the medical device field as well as other industries. Furthermore our future plans for acquisitions will, we trust, bring new technologies connected to the aerospace industry.
This change will not in any way change or delay the growth plans for Elite Machine Tool.
Said Tony Anish, Managing Director, "The Management team at M Line have wanted to change Eran Engineering's name for some time and we felt it was appropriate to make the change at this time, as we are now positioning Precision, for significant growth over the next two to three years.
M Line Holdings, Inc., Closes Institutional Financing, With Initial Funding of $1,700,000 From a $10,000,000 Line of Credit
May 03, 2013 07:30 | Source: M Line Holdings, Inc.
TUSTIN, Calif., May 3, 2013 (GLOBE NEWSWIRE) -- M Line Holdings, Inc. (OTCQB:MLHC), ("M Line" or the" Company"). M Line is pleased to announce that it's new loan facility agreement with TCA Global Credit Master Fund L.P has now funded. The first tranche of the facility is $1,700,000. This initial tranche pays off more expensive financing for Eran Engineering, Inc. ("Eran") and Elite Machine Tool Company ("Elite") and will result in a minimum of $300,000 per annum savings straight to the bottom line profit.
The total Line of Credit is for $10,000,000 and the Company can obtain, dependent upon various criteria, multiple additional fundings in the future.
The facility bears interest initially at 18% per annum and is secured by the receivables and inventory of Eran and CNC machine tool inventory of Elite. Additional fees include a 3% facility fee and $200,000 in preferential shares in the Company that can be repurchased by the Company in six months for the same dollar amount.
The Company plans for the proceeds after loan repayments are twofold; first to increase inventory of CNC machines at Elite resulting in increased revenues and secondly to support the anticipated growth in revenues at Eran Engineering.
Said Tony Anish, Managing Director, "At last we have found a funding partner that will not only support the planned growth but will also enable us to exceed our expectations for the Company. With the closing of this loan, the Directors believe we can now support all the Companies' growth requirements.