M Line Holdings, Inc. Acquires the Option on 39 Acres of Land in Arizona, and Restaurants and Entertainment Arena
November 30, 2018 at 01:20 pm
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M Line Holdings, Inc. announced that it will expand business even more by adding a group of restaurants and an event center in Arizona. M Line is acquiring the land at two of the locations, the larger of which is almost 39 acres, and will hold an option on the land at the third location. M Line acquired the expired options from Wowio, Inc. for 30,000,000 shares and has had extensive negotiations with the current owners of the restaurants. The company expects to sign Letters of Intent and close these transactions very shortly.
M Line Holdings, Inc. is a holding company. The Company is focused on the beverage branding and distribution industry, the food and beverage distributing business, coal industry, the aerospace industry and business financing. Its subsidiaries include Best Choice Food and Beverage, LLC, a food and beverage distributing company; M Line Coal Development, Inc., which intends to acquire permits for the mining and distribution of coal out of mines located in Kentucky; M Line Transportation, Inc., which is formed to manage the transportation of mined coal to its distribution points; Precision Aerospace & Technologies, Inc., which manufactures precision metal component parts and assemblies; and M Line Machinery Funding, Inc., which provides advice and support in raising new capital, management support in relation to financial control and management of the business.