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Saturday, November 26, 2022

The Inside Scoop on M Line Holdings Inc (OTCMKTS: MLHC)

M Line Holdings Inc (OTCMKTS: MLHC) saw an explosive move up the charts in October on significant volume only to drop back down with the rest of the sector.

On December 6 MLHC announced it has signed a Letter of Intent to acquire 37.7 acres of land in Golden Valley located at 3743 US Highway 93, Golden Valley, Arizona, 86413 and 0.6 acres of land in Dolan Springs, Arizona, one operating restaurant and event center in Golden Valley and two operating restaurants in Dolan Springs, Arizona. We expect to close these transactions in the next few days.  The land at Golden Valley was appraised earlier this year for $2,900,000 by Wiltchik Appraisal, Inc., Certified Appraisers, out of Irvine, California.  The land at Dolan Springs is estimated to be worth approximately $500,000.  The revenue of the restaurants through October exceeds $800,000 with net profit over 20% of revenue.

M Line Holdings Inc  is a holding Company with subsidiaries involved in the Beverage Branding and Distribution industry as well as the Food and Beverage distribution business and now has introduced its first acquisition in the Cannabis Industry with our C-Pod manufacturing business.  In addition, M Line will continue with its business financing activities while looking for other opportunities in the Beverage, Distribution and Cannabis industries as well as other prospects that make sense to management.

MLHC has seen fast growth through acquisition! earlier this year they completed the purchase of 55% ownership interest in The Caravel Group, LLC and Best Choice Food and Beverage, LLC.  M Line has the option to purchase an additional 25% ownership interest in both companies in the future.

Best Choice Nuts, Candy and Specialties is currently generating approximately $300,000 in revenues. MLHC, because of having the Controlling Interest in them both, is going to combine Best Choice Nuts, Candy and Specialties with Best Choice Food and Beverage, LLC and is expected to have an increase of $700,000 monthly of which per month equates to $8.4 Million is Revenues per year:

MLHC completed the acquisition of 60% of American Asset Holdings, Inc. This acquisition is M Line’s first step into the Cannabis industry. AAH will sell pods for $150,000 and participate in the profit of the marijuana grow with a minimum of 40% net income. Production is measured by lights and the pods include a minimum of 18 lights producing approximately 1.5 to 3.0 lbs. of cannabis per light. A minimum of five grows per year per pod is expected, with production ranging from $175,000 to $702,000 based on a $1,300 to $2,600 price per pound. We currently have confirmation from a Colorado real estate company that there are over 800 growers looking for growing space in Colorado alone.

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AAH plans to develop a “Culture Center” in Colorado with 25 C-Pods which will be rented to growers.  The rental income will be $10,000 per month plus 40% of the grow net profit in perpetuity. In addition to Colorado, AAH has interested parties in California, Oregon, Connecticut and other states. The C-Pods for each growing location will be purchased in individual Corporations.  All the growers we deal with will be fully licensed and legal.These containers are cost effective due to their “off the grid” technology as well as only requiring 8 to 10 hours cultivation labor per week and the pods are beneficial to the growers due to the specialized growing environment.

On the LOI to acquire 37.7 acres of land in Golden Arizona, Tony Anish commented

“Although this is a slightly different business than those we have acquired to date, we are securing strong assets to strengthen our Balance Sheet and good cash flow from the restaurants and event center as well as the gas station as soon as we can get it built.  In addition, some of the land can potentially be used to cultivate hemp that can be turned into THC free CBD for use by our joint venture partner who is manufacturing the “Rise” CBD line of products. We have had a number of questions from our shareholders regarding transactions that we have announced but not yet closed.  All these transactions are in the process of being closed and we will keep you informed regarding these and new opportunities that are currently under review. Stay tuned we have so much more to tell you.”

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Currently trading at an $2.2 million market valuation MLHC has minimum assets or revenues and just under $10 million in current liabilities. MLHC is an exciting Company in the booming cannabis space that has seen significant growth through acquisition and they are making several big moves in the space. Their recent acquisition AAH will sell pods for $150,000 and participate in the profit of the marijuana grow with a minimum of 40% net income. Production is measured by lights and the pods include a minimum of 18 lights producing approximately 1.5 to 3.0 lbs. of cannabis per light. There is huge demand for MLHC here, more than most penny stocks could dream of, if they can reach an agreement with debt holders big things could happen here. We will be updating on MLHC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with MLHC.

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Disclosure: we hold no position in MLHC either long or short and we have not been compensated for this article.

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