Forum: M Line Holdings, Inc (Ticker: MLHC)

M Line Holdings, Inc. ("M Line")(formerly Gateway International Holdings, Inc.) is the holding company for Eran Engineering, Inc. ("Eran") and E.M. Tool Company, Inc. dba Elite Machine Tool ("Elite"). The Company was relisted on the OTC BB in November 2009 and its symbol is "MLHC". In December 2008 Money Line Capital, Inc. ("Money Line") acquired a controlling interest in M Line. Money Line is a private equity company that has acquired a number of subsidiaries primarily in aerospace and wireless technology, but also has interests in the beverage, real estate and finance industries. The new management team set goals for the company when they became involved. The first was to get the company relisted. This occurred as stated previously in November 2009, the second was to turn around the company and achieve profits again. The new management substantially cut overheads and achieved group profit in the fourth quarter of our financial year ended June 30, 2010. The third goal was to merge the private and public companies and this is anticipated to be finalized this year. The last initial goal was to grow the group in certain specific areas of business. M Line is targeting the wireless marketplace where growth is outstripping most industries and the aerospace industry which has just seen a massive boost with orders for commercial aircraft topping $27 billion from the Farnborough Air Show. These two divisions will represent a substantial proportion of revenues of the enlarged group. Elite Machine Tool Company Eran Engineering