PM&E Inc. Announces 1 for 100 Reverse Stock Split
07 9월 2016 - 11:48PM
InvestorsHub NewsWire
PM&E Inc. Announces 1 for 100 Reverse Stock
Split
Cheyenne, WY -- September 7th, 2016
-- InvestorsHub NewsWire -- PM&E Inc.
(OTC: PMEA) announces 1 for 100 reverse Stock Split of its
common stock.
Upon the effectiveness of the reverse stock
split, PM&E stockholders will receive one new share of PM&E
common stock for every hundred shares they hold. PM&E’s common
stock will begin trading on a split-adjusted basis when the reverse
split’s procedure will be completed. Effective date will be
communicated to stockholders.
The reverse stock split is expected to lead
PM&E’s common stock to trade at approximately hundred times the
price per share at which it trades prior to the effectiveness of
the reverse stock split. PM&E, however, cannot assure that the
price of its common stock after the reverse split will reflect the
1 for 100 reverse split ratio, that
the price per share following the effective time
of the reverse split will be maintained for any period of
time.
Treatment of Restricted
Stock
The number of PM&E’s restricted stock will
be proportionally adjusted to reflect the reverse
split.
Fractional Shares
The fractional shares will be rounded
up.
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/
PM and E (CE) (USOTC:PMEA)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
PM and E (CE) (USOTC:PMEA)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024
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