Corporate Annoucement of Business Expansion
Toronto, Canada, February 5, 2015 (Newswire.com) - PM & E, Inc. announces Corporate Expansion
The PM & E, Inc. Board of directors is pleased to annouce that the Company has signed a letter of intent to purchase an operating solar plant in Romania. The Company plans to utilize its own battery in teh operation of the plant which will incraese production, lower costs and improve profitability.
The Company is also looking to set up manufacturing in Romania given the EU and National government incentives and the low cost of manufacturing there.
Furthermore the plant will be able to feed our markets in the Middle East and Asia very quickly and very cost effective.
Forward Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of PM & E Inc, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact Info
Investor Relations: PACIFIC EQUITY ALLIANCE LLC
Investor Contact(s): Zachary R. Logan / Drew S. Phillips
Contact phone: 858.886.7237 info@pacif8ificequityusa.com