On September 24, 2015, at a special meeting, the board of directors of M Line Holdings, Inc. terminated the services of Bruce Barren as CEO and a Director of the company for cause. On September 28, 2015, the board appointed Mr. Alan Greenstadt as CEO and a director of the company. Mr. Greenstadt has considerable experience both in the aerospace industry as well acting as CEO for various Public Companies.

He has been the CEO of EnCompass Knowledge Systems, Inc. since 2006. Previously Mr. Greenstadt was, for many years, Chairman of the Board and President of another Public company in the aerospace and defense industries.