M Line Holdings, Inc. Completes Move to its New Facility and Headquarters

M Line Holdings, Inc. Completes Move to its New Facility and Headquarters

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Management Expects to Meet Profit Forecast for Fiscal 2014, Continues to Focus on Finalizing Acquisition Opportunities and Reduce Operating Costs to Improve EBITDA

Anaheim, Califrnia (PRWEB) August 18, 2014

M Line Holdings, Inc. (OTC PINK: MLHC; "M Line" or the "Company"), is a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as selling high-end, pre-owned Japanese Computer Numerically Controlled ("CNC") Machine Tool Equipment, with key customers that include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace, and a strategic alliance with Structural Integrity Engineering, today confirmed that it has completed its move to its new premises in Anaheim. Although the set-up of the facility took longer than expected, the Company will be back to full production by the end of next week and hopes to post pictures of the new facility on their website very shortly.

Bruce Barren, CEO of M Line, commented, We continue to exercise our Business Plan, closing in on the acquisitions and expanding our current business with new and enhancing existing customers. Although the move did put us behind in our implementation schedule, we will be announcing our preliminary results within two weeks and expect to meet our forecasts. It further appears that our actions are starting to be interpreted positively, given the fact that we traded 190 million shares yesterday, a company record.

Tony Anish, COO of M Line, stated, We continue to be excited by the progress we have made even though the move did slow us down but new orders are coming in and business from existing customers is growing. We expect 2015 Fiscal to be a strong year for the Company. Stay tuned as we reached our milestones in 2014 and expect further improvements to enhance shareholder value.

For more information on M Line see our website at http://www.mlineholdings.com/

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For more information contact us at info(at)mlineholdings(dot)com

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