$PMEA : Press Release
http://www.otcmarkets.com/stock/PMEA/news/PM-...84&b=y
PM&E Inc. Announces Directors and Major Shareholders Enter Into Voluntary Lock-Up & Leak-Out Agreement
Wyoming / Sousse, December 20th, 2016 – PM&E Inc. (OTC: PMEA) is pleased to announce that certain major shareholders including the directors of the company have entered into a formal strategic Voluntary Lock-Up & Leak-Out agreement for a total of over 11,000,000,000 shares for a term of six (6) months, after they become unrestricted on Oct 3rd 2017.
The Voluntary Lock-Up & Leak-Out agreement states during the period beginning on the date the shares become unrestricted Oct 3rd 2017, and ending six (6) months later April 3rd 2018, the Stockholder shall not sell, encumber, hypothecate or otherwise dispose of any of the Shares. Thereafter, each month the Stockholder may sell, assign or transfer a number of Shares on a non-cumulative basis not to exceed the greater of: (i) 10% of the undersigned Stockholder’s Shares, or (ii) 1% of the prior month’s reported trading volume, subject to the Shares remaining as registered or there being an available exemption from registration.
PM&E Inc., President & CEO Joseph Bourne, states, "We, the Board, and as major shareholders, felt a Voluntary Lock-Up Agreement would demonstrate to shareholders and potential investors the commitment and confidence that management, directors and certain major shareholders have in the future of PM&E Inc. / Evada Aircraft”.
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
Twiiter : 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/PM-...84&b=y
PM&E Inc. Announces Directors and Major Shareholders Enter Into Voluntary Lock-Up & Leak-Out Agreement
Wyoming / Sousse, December 20th, 2016 – PM&E Inc. (OTC: PMEA) is pleased to announce that certain major shareholders including the directors of the company have entered into a formal strategic Voluntary Lock-Up & Leak-Out agreement for a total of over 11,000,000,000 shares for a term of six (6) months, after they become unrestricted on Oct 3rd 2017.
The Voluntary Lock-Up & Leak-Out agreement states during the period beginning on the date the shares become unrestricted Oct 3rd 2017, and ending six (6) months later April 3rd 2018, the Stockholder shall not sell, encumber, hypothecate or otherwise dispose of any of the Shares. Thereafter, each month the Stockholder may sell, assign or transfer a number of Shares on a non-cumulative basis not to exceed the greater of: (i) 10% of the undersigned Stockholder’s Shares, or (ii) 1% of the prior month’s reported trading volume, subject to the Shares remaining as registered or there being an available exemption from registration.
PM&E Inc., President & CEO Joseph Bourne, states, "We, the Board, and as major shareholders, felt a Voluntary Lock-Up Agreement would demonstrate to shareholders and potential investors the commitment and confidence that management, directors and certain major shareholders have in the future of PM&E Inc. / Evada Aircraft”.
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
Twiiter : 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/
