Offer Being Considered 'Very Seriously' By The Company

Aircraft manufacturer PM&E, Inc. announced Friday 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."

Evada Aircraft Corp, located in Wyoming, planned this year to be responsible for the mounting and assembly of the parts of the Evada A4 aircraft, and also commercializing the existing models the Rally and the Century. In January, the company secured a $10 million funding package to support its aggressive growth and expansion plans, according to a news release.

PM&E, Inc. is an aircraft company with a contracted manufacturing facility located in Sousse, Tunisia. The company is in the process of implementing a modern manufacturing plant in Tunisia, and securing a facility for aircraft assembly in Wyoming.

(Image from PM&E Facebook Page)

FMI: www.pme-holding.com