I am very excited to share this with you, we are literally now on the ground floor of beautiful set up.
I've compiled some very solid DD, I think this stock could easily triple (at least) in the coming weeks ahead. But please don't take my word for it, please read the DD (you have time) and make your own desicion.
This stock has all four qualities I look for in a sub-penny stock, I am very very excited about this pick.
- Holding at bottom by 52 week lows
- Super Low Float
- Huge Revenues
- Upcoming Catlysts
My special alert is MLHC www.mlineholdings.com
Fundementals- This sto
ck fundamentally is one of the strongest, if not the strongest in the entire sub-penny world. This stock was trading well over 2 cents steadily for the first few months of 2014 and for good reason. They announced Revenues for the first quarter totaling 8.4 million dollars!
Please read the following Press Release the company released a few weeks ago.
M Line Holdings, Inc. Announces Final Results for the Nine Month Period Ended March 31, 2014 Confirming Revenue Increase of 25% Over the Comparable Period in 2013 New Customers Fuel Revenue and Substantial EBITDA Improvements at M Line-2014 Earnings Forecast on Target TUSTIN, Calif., May 21, 2014 (GLOBE NEWSWIRE) -- M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company"), a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment, today announced it's results for the nine month period ended March 31, 2014. Revenues increased to $8,453,085 almost $1.7 million more than the comparable period from last year. EBITDA improved by $2,030,957 an increase of over 200% compared to the prior period in 2013. After a careful review, the derivative calculation has been changed from our 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. Bruce Barren, CEO of M Line, commented: "We are pleased with the results. True operating profits continue to grow and we are confident we will meet our forecast for the year ended June 30, 2014. While we are concerned about the undervalued share price, we are confident that our market capitalization will rise substantially following the release of the 2014 results." Tony Anish, COO of M Line, added: "We are now sprinting towards the year end attempting to close the year on a very positive note with revenues and EBITDA that our shareholders can be proud of. We are positioning your Company to reflect our substantial progress over the last nine months and in the near future. Next year we expect to see a totally different Company, since we anticipate that we will be able to close some of the acquisition targets with which we are negotiating."
Take a look at the companies assets as of their most recent 10-Q filing for the first quarter of 2014
Current assets: | ||||||||
Cash and cash equivalents | $ | 187,148 | $ | 182,305 | ||||
Accounts receivable, net | 2,044,498 | 990,010 | ||||||
Inventory, net | 1,654,593 | 1,555,910 | ||||||
Due from related party | 179,769 | 99,348 | ||||||
Deferred financing costs | - | 199,516 | ||||||
Total current assets | 4,066,008 | 3,027,089 | ||||||
Property and equipment, net | 439,308 | 556,555 | ||||||
Deposits and other | 115,922 | 113,445 | ||||||
Total assets | $ | 4,621,238 | $ | 3,697,089 | ||||
Read the complete filing http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10004455 As you can clearly see this company has excellent book value fundamentally one of the best sub penny stocks you will ever find. Now on the the chart... Beautiful Chart- Bottom Bouncer! |
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