$PMEA : EVADA Aircraft Corp Completes Reverse Merg
Post# of 99124
Posted On: 09/28/2016 8:08:05 AM
$PMEA : EVADA Aircraft Corp Completes Reverse Merger with PM&E Inc. and Becomes a Publicly Traded Company
http://www.otcmarkets.com/stock/PMEA/news/EVA...00&b=y
Wyoming, September 28th, 2016 – EVADA Aircraft Corp today announced that it has completed its Reverse Merger with PM&E Inc. (OTC: PMEA) and became a publically traded company.
PM&E’s Management has decided to increase the authorized share capital to 30 Billion common shares based on the following reasons:
- Issue 12 Billion Restricted Shares to pay and complete the acquisition of EVADA Aircraft Corp
- Be in the position to enhance its organic and inorganic growth
As a result of the acquisition, the company has 13,927,000,000 outstanding shares, whereas 12,500,000,000 shares of which are restricted.
“Becoming a public company is a must for our growth strategy, and the completion of this reverse merger is a significant accomplishment for EVADA Aircraft Corp” said Aymen Bouaoun, Chief Administration & Sales Officer of EVADA Aircraft, he continued: “We believe that our Aircraft manufacturing Business have tremendous potential, and that becoming a publicly traded company allows us to position EVADA Aircraft to capture this large and growing market opportunity.”
“Completing this Reverse Merger represents an important milestone in our growth strategy, as doing so provides us with access to capital and liquidity, as well as additional possibilities for us to grow and advance our Business” said Joseph Bourne, Chief Executive Officer of PM&E Inc., he added: “We have major plans for 2017 as we aim to achieve a revenue of 25 Million US$ with an EBIT of approx. 7 Million US$, therefore it is important for us to succeed and raise the funds needed prior the end of the year 2016 to implement a modern semi-automated manufacturing plant capable of producing hundreds of EVADA A4 Aircrafts”
Website of PM&E Inc.: www.pme-holding.com
Social Networks of PM&E Inc.: PM&E Inc.
Facebook : https://www.facebook.com/PME-Inc-432293210274534/
Google + : https://plus.google.com/u/0/110058910223174354829?hl=fr
Twitter : https://twitter.com/PMEA_Inc
Youtube : https://www.youtube.com/channel/UCUUREk7BtuTwfWVQEgBDqnA
Linkedin : https://www.linkedin.com/company/10877337
Safe Harbor
Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand; and litigation involving product liabilities and consumer issues. PM&E Inc. cautions readers not to place undue reliance upon any such forward looking statements, which speak only as of the date made. PM&E Inc. expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the company's expectations or any change in events, conditions or circumstances on which any such statement is based.
Contact:
Mr. Joseph Bourne
Title: President & CEO
Phone: 001 (307) 392-4771
E-mail : contact@pme-holding.com
Web: http://www.pme-holding.com/
http://www.otcmarkets.com/stock/PMEA/news/EVA...00&b=y
Wyoming, September 28th, 2016 – EVADA Aircraft Corp today announced that it has completed its Reverse Merger with PM&E Inc. (OTC: PMEA) and became a publically traded company.
PM&E’s Management has decided to increase the authorized share capital to 30 Billion common shares based on the following reasons:
- Issue 12 Billion Restricted Shares to pay and complete the acquisition of EVADA Aircraft Corp
- Be in the position to enhance its organic and inorganic growth
As a result of the acquisition, the company has 13,927,000,000 outstanding shares, whereas 12,500,000,000 shares of which are restricted.
“Becoming a public company is a must for our growth strategy, and the completion of this reverse merger is a significant accomplishment for EVADA Aircraft Corp” said Aymen Bouaoun, Chief Administration & Sales Officer of EVADA Aircraft, he continued: “We believe that our Aircraft manufacturing Business have tremendous potential, and that becoming a publicly traded company allows us to position EVADA Aircraft to capture this large and growing market opportunity.”
“Completing this Reverse Merger represents an important milestone in our growth strategy, as doing so provides us with access to capital and liquidity, as well as additional possibilities for us to grow and advance our Business” said Joseph Bourne, Chief Executive Officer of PM&E Inc., he added: “We have major plans for 2017 as we aim to achieve a revenue of 25 Million US$ with an EBIT of approx. 7 Million US$, therefore it is important for us to succeed and raise the funds needed prior the end of the year 2016 to implement a modern semi-automated manufacturing plant capable of producing hundreds of EVADA A4 Aircrafts”
Website of PM&E Inc.: www.pme-holding.com
Social Networks of PM&E Inc.: PM&E Inc.
Facebook : https://www.facebook.com/PME-Inc-432293210274534/
Google + : https://plus.google.com/u/0/110058910223174354829?hl=fr
Twitter : https://twitter.com/PMEA_Inc
Youtube : https://www.youtube.com/channel/UCUUREk7BtuTwfWVQEgBDqnA
Linkedin : https://www.linkedin.com/company/10877337
Safe Harbor
Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand; and litigation involving product liabilities and consumer issues. PM&E Inc. cautions readers not to place undue reliance upon any such forward looking statements, which speak only as of the date made. PM&E Inc. expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the company's expectations or any change in events, conditions or circumstances on which any such statement is based.
Contact:
Mr. Joseph Bourne
Title: President & CEO
Phone: 001 (307) 392-4771
E-mail : contact@pme-holding.com
Web: http://www.pme-holding.com/
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