The real estate assets and a stake in The Caravel Group LLC (‘Caravel’) of M Line Holdings Inc. (OTC Pink:MLHC) (‘M Line’) acquired Square Chain Corp. (OTC Pink:SQCC) (‘SQCC’) in a reverse merger transaction on March 15, 2019. The transaction is structured as the acquisition by SQCC of real estate assets and a 55% stake in the Caravel in exchange for an amount of stock that will lead to a change in control of SQCC. M Line intends to issue a dividend to its shareholders of a total of 50 million of its shares in SQCC subject to regulatory approval. After the dividend has been issued, Square Chain will remain a consolidated subsidiary of M Line. Following the transaction, the new management team will continue to manage the current business of SQCC. The real estate assets and a stake in The Caravel Group LLC of M Line Holdings Inc. (OTC Pink:MLHC) completed the acquisition of Square Chain Corp. (OTC Pink:SQCC) in a reverse merger transaction on March 15, 2019.