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M Line Holdings, Inc. Signs Consulting and Advisory Agreement with Issuers Capital Advisors, LLC

Dépèche transmise le 19 janvier 2011 par Business Wire

M Line Holdings, Inc. Signs Consulting and Advisory Agreement with Issuers Capital Advisors, LLC

TUSTIN, Calif.--(BUSINESS WIRE)--M Line Holdings, Inc. (OTC Bulletin Board: MLHC)(“M Line Holdings” or “the Company”) is delighted to announce that it has signed a consulting and advisory agreement with Issuers Capital Advisors, LLC (“ICA”). ICA is headquartered in Scottsdale, Arizona. ICA brings many years of experience to assist the company with business development opportunities including sourcing possible acquisition targets.

“We are pleased that we are able to add ICA’s expertise to our existing team of consultants and management. We are now well-positioned to build upon the momentum already achieved, and better equipped to develop new opportunities for the Company and its shareholders.”

George Colin, CEO of M Line Holdings, Inc. stated, “We are pleased that we are able to add ICA’s expertise to our existing team of consultants and management. We are now well-positioned to build upon the momentum already achieved, and better equipped to develop new opportunities for the Company and its shareholders.”

Steven Scott, CEO of Issuers Capital Advisors, LLC stated, “We believe in what the management is trying to do with the Company to add shareholder value and feel that our experience will assist in manifesting those opportunities. ICA is especially pleased to be joining forces at a time when the Company is experiencing a solid turnaround, improving revenues, and working towards profitability through its generation of new business and prudent cost reduction measures.”

About M Line Holdings, Inc.

M Line Holdings, Inc. (formerly Gateway International Holdings, Inc.) is currently a reporting company under the Securities and Exchange Act of 1934, as amended, with approximately 600 shareholders and two operating subsidiaries, Eran Engineering, Inc. (precision metal manufacturing for the aerospace and medical industries) and E. M. Tool Co., Inc. dba Elite Machine Tool (pre-owned CNC machine sales).

M Line Holdings, Inc. is headquartered at 2672 Dow Avenue, Tustin, CA 92780.

Forward Looking Statements

This news release contains certain “forward-looking statements.” Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company's control. The forward-looking statements are also identified through the use of words “believe,” “enable,” “may,” “will,” “could,” “intends,” “estimate,” “anticipate,” “plan,” “predict,” “probable,” “potential,” “possible,” “should,” “continue,” and other words of similar meaning. Actual results could differ materially from these forward-looking statements as a result of a number of risk factors detailed in the Company's periodic reports filed with the SEC. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved.