Business
PM&E, Inc. To Expedite The Completion Of Audited Financials
PM&E, Inc. To Expedite The Completion Of Audited Financials.
About this update from Pm&e Inc
[{"type":"text","content":"\n \n \n PM&E, Inc. To Expedite The Completion Of Audited Financials\n \n \nPM&E, Inc. To Expedite The Completion Of Audited Financials\n \n CHEYENNE, WY--(Marketwired - Jan 25, 2017) - Aircraft manufacturer PM&E, Inc. (OTC PINK: PMEA) announced today that the company has stepped up the pace of completion of audited financials for a very specific reason.\n CEO Joseph Bourne stated, \"One of our intermediate term goals is to up-list to the OTCQB level. One of the requirements to up-list is to trade above a penny for thirty days. Another is the requirement to be fully reporting. We feel strongly that these two objectives are mutually compatible. With that in mind, we have begun an aggressive search for the right partner for expediting the completion of audited financials. We are currently in discussions with several companies and feel that a decision should be made in the coming weeks.\"\n Mr. Bourne also stated, \"Last week we announced that we are retiring over two thirds of all outstanding shares. To date we have pre-sold 33 EVADA Aircraft through exclusive and non-exclusive agency agreements. We have completed our partnership and shared revenue agreement with ultra-light gyrocopter manufacturer, DiNelly EXOGYRO. We are expanding our workforce above and beyond our already existing team of 35 full time employees. Late last week we secured a 10 million dollar funding package. The step of expediting audited financials is just the latest component of our growth and expansion plans and one that will help to ensure integrity throughout the process.\"\n Mr. Bourne finished up with, \"Some have had questions about the trading trends of our stock as of late and the true value of the company. Here is my response and for the most part, it comes down to exposure, financials and access. 1) We were originally putting out press releases via a service that did not have universal syndication. We have remedied that and all major press releases from this point forward will be sent out via a major news wire. 2) I will be sitting down soon for a Q&A session about our company and I will publish the transcript of that discussion on our corporate website so that all investors can gain further insight into our overall business strategy. 3) The expediting of audited fi...