News - May 3. Buyout of PMEA EVADA Aircraft Approv
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Posted On: 05/03/2017 6:25:15 PM
News - May 3. Buyout of PMEA EVADA Aircraft Approved by SEIL Board of Directors. Relevant extracts below - my emphasis in bold.
TORONTO, ON--(Marketwired - May 3, 2017) - Today, Seilon, Inc. (OTC SEIL) announced that its Board of Directors has approved the acquisition of PM&E Inc.'s assets (EVADA Aircraft's total assets) and that the transaction is final and irrevocable. Completion of the transaction is expected in the coming few weeks.
Seilon, Inc. will own EVADA Aircraft and all other assets currently owned by PM&E Inc. Upon completion of the PM&E transaction, the current shareholders of PMEA will receive 699,076,475 shares of SEIL. Once the share transfer process is complete, there will be a total of 1,115,076,475 shares outstanding.
TORONTO, ON--(Marketwired - May 3, 2017) - Today, Seilon, Inc. (OTC SEIL) announced that its Board of Directors has approved the acquisition of PM&E Inc.'s assets (EVADA Aircraft's total assets) and that the transaction is final and irrevocable. Completion of the transaction is expected in the coming few weeks.
Seilon, Inc. will own EVADA Aircraft and all other assets currently owned by PM&E Inc. Upon completion of the PM&E transaction, the current shareholders of PMEA will receive 699,076,475 shares of SEIL. Once the share transfer process is complete, there will be a total of 1,115,076,475 shares outstanding.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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