CHEYENNE, WY--(Marketwired - Mar 17, 2017) - Aircraft manufacturer PM&E, Inc. (OTC: PMEA) announced today that it has been approached and offered 12,000,000 USD for the purchase of Evada Aircraft.
CEO Joseph Bourne stated, "An existing publicly traded company has divested itself of most of its business dealings, debts and assets and is looking to pursue a new business model. They like what they see with EVADA Aircraft. We want our shareholders to know that we are taking this offer very seriously. Our existing management, development and assembly team will remain intact. In addition, there are a multitude of reasons why this would also be a huge win for all existing shareholders and I will outline all of those reasons and share more details on this development in the coming few weeks. As always, we appreciate your support of our company."
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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.