Best Choice Achieves Another Milestone in January, 2019- Best Monthly Revenue Ever
COSTA MESA, CA, Jan. 29, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – M Line Holdings, Inc. (OTC Pink: MLHC; "M Line" or the “Company”), is merging its two Florida distribution operations into one Company under the name of Best Choice Food and Beverage, Inc. This will streamline operations, making both companies more efficient.
Tony Anish, CEO of M Line, commented: “We continue to improve the operations of the group to achieve maximum Revenues and lower overhead costs. Our Florida distributor is anticipating doubling revenues this year to over $6 million. We are currently reviewing our pricing structure to maximize profits. We look forward to filing our quarterly financials in the next two weeks and validating the Revenue numbers we previously announced. Much More News Coming. KEEP WATCHING THIS SPACE.”
Russ Rickon, President of Best Choice, stated: “January Revenues for Best Choice are higher than any prior month. We are excited about the future growth of the Company as we continue to expand our customer base and improve our product lines while maximizing profit. The best is yet to come.”
About M Line Holdings, Inc.
M Line is a Holding Company. It controls subsidiaries involved in the Beverage Branding and Distribution industry that includes our VEA™ and TORQUE® branded drinks. In addition, M Line controls two subsidiaries in Florida in the Food and Beverage distribution business and M Line has now expanded into the Cannabis Industry with the acquisition of our C-Pod manufacturing business. Furthermore, M Line will continue with its business financing activities while looking for other opportunities in the Beverage, Distribution and Cannabis industries as well as other prospects that make sense to management.
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 intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statement is not a guarantee of future 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.