PM&E Inc. Announces the Cancellation of 1-For-100 Reverse Split Of Common Shares


 
Wyoming, September 26^th, 2016 -- PM&E Inc. (OTC: PMEA) today announced that the company’s Board of Directors decided to cancel the 1-for-100 Reverse Split of its Common Shares.
 
PM&E decided not to proceed with the 1-for-100 Reverse Split of its Common Shares following the increase in the price as well as the increase in the volume of trading during the previous business days subsequent to the latest positive significant developments in the Company. As a result, PM&E will evaluate further and reconsider its strategy in the following days for the benefit of its shareholders.
 
About PM&E Inc.:
PM&E Inc. is an US development stage corporation based in Wyoming – USA, which has expanded its business activities beyond the design, development and implementation of solar power technologies to focus on the field of aeronautics through the acquisition of EVADA Aircraft Corp, which is also owned by the Swiss corporation Mundus Capital Invest AG. PM&E’s divisions are consisting of the following:

• EVADA Aircraft Corp: located in Wyoming – USA, the HQ of Evada will soon be responsible (beginning 2017) for the mounting and assembly of the parts of the EVADA A4 aircrafts and also commercializing the existing models the Rally and the Century.

• EVADA Aircraft SA: located in Sousse – TUNISIA, the company is responsible for the manufacturing of the aircraft’s parts, and it is fully operational since March 2013.

• EVADA Services SARL: located in Sousse – TUNISIA, is an air service company that focuses on: (i) Aerial agricultural treatment: aerial crop spraying, mosquito and locust control, (ii) Banner towing, (iii) Pilot training & (iv) First flight.

As an amphibious aircraft manufacturer EVADA Aircraft has a commitment to innovate and design, it specializes in two-seater and four-seater aircraft models, providing ground breaking LSA Light Sport Aircraft.

EVADA’s collaboration partner has already two models of LSA aircrafts on the market: The Rally and the Century.
 
EVADA Aircraft is actually developing the EVADA A4 model with several national and international partners, which marketing and sales is planned to start in 2017.
 
The prototyping phase of EVADA A4 is at 60% of completion (July 2016) and will be finalized by the end of 2016, the prototype will be sent to the United States to perform a series of ground and flight tests in order to get its US certification.
 
Website of PM&E Inc.: www.pme-holding.com

About Mundus Capital Invest AG:
MUNDUS CAPITAL INVEST AG (“MCI”) is a Swiss holding company that entirely owns M24 Group, the media division of MCI Group, which has been in Business since January 2013.
 
M24 Group has launched its TV Channel, M24 TV, which is devoted to Music and Entertainment, and is broadcasting on Nilesat (10727/H/ 27500).
 
MCI is keen on further expanding its business activities planning to invest and form new companies in the fields of Aviation, Automobile, Tourism & Travel, Real Estate, Renewable energy and Agriculture.
 
The holding company is considering certain strategic acquisitions and / or the forming of new Joint Venture companies with well-identified local partners on the emerging markets.
 
Fifty one Percent (51%) of one of MCI’s divisions: M24 BFA TV Inc. was acquired by SEILON Inc.  (OTC: SEIL) and it is presently in process of completing all administrational procedures.
 
Website of Mundus Capital Invest AG is: www.mci-ag.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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