Last $0.0010 USD
Change Today 0.00 / 0.00%
Volume 40.6M
MLHC On Other Exchanges
Symbol
Exchange
OTC US
As of 1:43 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

m line holdings inc (MLHC) Snapshot

Open
$0.0009
Previous Close
$0.0010
Day High
$0.0010
Day Low
$0.0008
52 Week High
01/13/14 - $0.04
52 Week Low
08/26/14 - $0.0008
Market Cap
216.4K
Average Volume 10 Days
99.3M
EPS TTM
--
Shares Outstanding
216.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for M LINE HOLDINGS INC (MLHC)

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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 markets its machines through in-house sales staff, as well as alternative channels, such as the Internet and auctions. It is also involved in manufacturing, assembling, and selling precision metal component parts used primarily in the commercial aviation, medical, and defense industries through in-house sales staff. 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 headquartered in Tustin, California.

57 Employees
Last Reported Date: 12/31/13

m line holdings inc (MLHC) Top Compensated Officers

Chief Financial Officer, Director and Preside...
Total Annual Compensation: $335.0K
Chief Operating Officer, Secretary and Direct...
Total Annual Compensation: $335.0K
Compensation as of Fiscal Year 2013.

m line holdings inc (MLHC) Key Developments

M Line Holdings, Inc. Moves Manufacturing Facility to a Location in Anaheim, California

M Line Holdings, Inc. announced that it has finalized terms on a new facility for the Head Office and manufacturing division in Anaheim California. This facility will save the company close to $200,000 per year in rent alone due to the efficient use of productive space, and other savings. The facility also has expansion capabilities to accommodate acquisition program.

M Line Holdings, Inc. Reports Final Earnings Results for the Nine Months Ended March 31, 2014; Provides Earnings Guidance for the Year Ending June 30, 2014

M Line Holdings, Inc. reported final earnings results for the nine months ended March 31, 2014. For the period, the company reported EBITDA is $1,110,456 compared to LBITDA of $920,501 for the comparable period in 2013. This is an improvement of $2,030,957. Revenues increased to $8,453,085 almost $1.7 million more than the comparable period from last year. After a careful review, the derivative calculation has been changed from the original estimate and the stated loss for the nine month period was $598,781, although this loss all relates to the non cash derivative calculation. This is compared with a stated loss of $1,355,415 for the comparable period in 2013, an improvement of over $756,000. For the fiscal 2014, the company expects profit of $1.5 million with EBITDA expected to be closer to $2.5 million based on the profit from a strategic alliance which the company is currently working on and expecting to close by June 30, 2014. True operating profits continue to grow and the company is confident to meet the forecast for the year ending June 30, 2014.

M Line Holdings, Inc. announced delayed 10-Q filing

On 05/15/2014, M Line Holdings, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

 

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