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Last $0.0009 USD
Change Today 0.0001 / 12.50%
Volume 315.8K
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

m line holdings inc (MLHC) Snapshot

Previous Close
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52 Week High
07/8/14 - $0.0030
52 Week Low
11/19/14 - $0.0002
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Average Volume 10 Days
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m line holdings inc (MLHC) Details

M Line Holdings, Inc., through its subsidiaries, acquires, refurbishes, and sells pre-owned computer numerically controlled machine tools to manufacturing customers in the United States. The company also manufactures precision metal component parts for the aerospace, medical, and defense industries; and provides financial and management advice services. It markets its machines through in-house sales staff, as well as through alternative channels, such as the Internet, auctions, and other machine sales. The company was formerly known as Gateway International Holdings, Inc. and changed its name to M Line Holdings, Inc. in March 2009. M Line Holdings, Inc. is based in Anaheim, California.

47 Employees
Last Reported Date: 06/24/15

m line holdings inc (MLHC) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $90.0K
Chief Financial Officer, Director and Preside...
Total Annual Compensation: --
Chief Operating Officer, Secretary and Direct...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

m line holdings inc (MLHC) Key Developments

M Line Holdings, Inc. Auditor Raises 'Going Concern' Doubt

M Line Holdings, Inc. filed its 10-K on Jun 24, 2015 for the period ending Jun 30, 2014. In this report its auditor, Malone & Bailey, PLLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

M Line Mulls Acquisitions

M Line Holdings, Inc. (OTCPK:MLHC) is looking for acquisitions. Chief Executive Officer of M Line, Bruce Barren said, “We continue to fulfill our commitments to our shareholders to build the New M Line through internal growth and acquisitions. We are beginning to build momentum and we have additional planned acquisition targets. Your Management determination continues to make M Line a success through acquisitions and the ability to expand our customer base, thus adding shareholder value with as minimal dilutive effect to shareholder ownership. M Line continues with its forward momentum objectives.”

M Line Holdings, Inc. Receives Significant Orders from Key Customers

M Line Holdings, Inc. announced that it has received significant orders from key customers. This validates its focused efforts to improve production quality and timeliness of delivery. Concurrently the move has allowed the Company to become more competitive in the marketplace as a result of a 20% reduction in manufacturing break even costs.


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