M Line Holdings, Inc. Announces Details about Its Exciting New Product Line
A High-End Metal Vaporizer Pipe with Unparalleled Quality, Design and Function!
ANAHEIM, CA / ACCESSWIRE / July 16, 2015 / M Line Holdings, Inc. (PINKSHEETS: MLHC “M Line” or the “Company”). M Line today confirmed that it has started full production of its new Vaporizer Pipe that M Line designed in conjunction with its new customer. This new product line anticipates a run rate in additional revenues of approximately $3 million per annum. Our portable product, built of high quality metal, offers unmatched quality in design and function, with adjustable temperature control and an advanced LED display that enables customers to manage the burn. Our current design includes a mini USB recharging port.
The Vaporizing industry is a high growth sector in the tobacco industry and is a known alternative to cigarettes. The growth is in line with the shift in consumer demand away from tar laden cigarettes. Our new product strategy is to explore unconventional products that will incorporate intellectual property including patents, copyrights and trademarks as well as the development and marketing of ancillary consumer products.
Our products will be targeted to the high-end user market.
Bruce Barren, CEO, and Tony Anish, COO, of M Line stated: “This is the first of a series of M Line new products under consideration that we are developing with the focus of leveraging our aerospace technology in order to leap into the forefront of an exciting new industry and enhance shareholder value.”
The products and services provided by M Line’s operating subsidiaries include the following:
– M Line is a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as manufacturing new products (eg. Our vaporizers) utilizing our expertise in the precision metal manufacturing arena.
– M Line sells high end pre-owned Computer Numerically Controlled (“CNC”) Machine Tool Equipment and;
– M Line now provides business financial services to other Companies needing financial support, advice and innovating thinking.
For more information on M Line, see our website at www.mlineholdings.com
Safe Harbor and Informational Statement
This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company’s financing plans; (ii) trends affecting the company’s financial conditions or results of operations; (iii): the company’s growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement are not a guarantee of future performance and involve risks and uncertainties, many of which are beyond the company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company’s statements and reports filed with the OTC Markets. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.
For further information contact
Tony Anish
tony@mlineholdings.com
SOURCE: M Line Holdings, Inc.
ReleaseID: 430616