M Line Holdings, Inc. Reports Earnings Results for the First Quarter for Fiscal Year Ended June 30, 2019; Provides Earnings Guidance for the Second Quarter Ending December 31, 2018
November 20, 2018 at 09:45 am
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M Line Holdings, Inc. reports earnings results for the first quarter for the fiscal year ended June 30, 2019. For the quarter, the company reported small negative EBITDA of $110,790.
The second quarter ending December 31, 2018 will begin to show increased revenues as this will be the first full quarter of business as subsidiaries of M Line.
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.
M Line Holdings, Inc. Reports Earnings Results for the First Quarter for Fiscal Year Ended June 30, 2019; Provides Earnings Guidance for the Second Quarter Ending December 31, 2018
M LINE HOLDINGS, INC. 
