M Line Holdings, Inc. Announces International Sales
September 24 2018 - 7:44AM
InvestorsHub NewsWire
M Line’s Subsidiary, The Caravel Group, Receives its
First Orders from Mexico
Costa Mesa, CA -- September 24, 2018 -- InvestorsHub NewsWire --
M Line Holdings, Inc. (OTC Pink: MLHC; "M Line" or the “Company”),
a beverage brand and distribution company, announces that its
subsidiary, the Caravel Group, has received orders from its
Distributor in Mexico exceeding $370,000. The distributor,
based on their forecasts, expects similar orders every 6 to 8
weeks, with considerable growth over the next twelve months.
Tony Anish,
CEO of M Line, stated: “This is really exciting news as Jake Nelson
the President of Caravel has had a long standing relationship, over
many years, with the distributor and knows their
capabilities. Sales to the big box retailers in the US will
begin in 2019 while purchase orders from US distributors and
smaller chains have already been received. We expect much
more news about the orders and schedule of deliveries from those
big box retailers later this year.”
Jake Nelson, President of Carvel, commented, “We are so excited
about our relationship with M Line. The support we receive
helps us focus on our core strengths which are the development and
distribution of “Better for You” beverages internationally and in
the US. Our relationship with our Mexican distributor goes
back many years and we expect a continuing growth in business with
them on both our current as well as new product lines.”
M Line is focusing on the rapidly growing “Better for You”
beverage segment as consumers and industry players are choosing to
focus on these categories. These products can carry higher margin
and consumers are continuing to abandon the leading soft drinks for
daily refreshment purposes.
About M Line Holdings, Inc.
M Line is a holding Company with subsidiaries involved in the
Beverage Branding and Distribution industry as well as the Food and
Beverage distribution business. In addition, M Line will
continue with its business financing activities while looking for
other opportunities in the Beverage and Distribution Industry as
well as other prospects that may be synergistic with the new
Corporate strategy.
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 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 more information contact Tony Anish E Mail: info@mlineholdings.com Follow us on Twitter: @mlinehcWeb site: www.mlinehc.com (under construction)Caravel Web site: www.drinkvea.com
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