PM&E Inc. Announces that it is in Process of Completing
its Reverse Merger with EVADA Aircraft Corp
Wyoming, August 13th, 2016
-- PM&E Inc. (OTC: PMEA) announces that it is in process of completing its
reverse merger with EVADA Aircraft Corp
The PM&E Inc. Board of Directors is pleased to announce that the
Company is in process of completing its reverse merge with EVADA Aircraft Corp
and becoming fully reporting. The completion of the said merger is scheduled
for mid of September 2016 or earlier.
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:
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.
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.
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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:
Title: President & CEO
Phone: 001 (307) 392-4771
E-mail : contact@pme-holding.com