PM&E, Inc. (PMEA)

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Seilon Board Approves Acquisition & Transaction

TORONTO, ON -- (Marketwired) -- 05/03/17 -- Today, Seilon, Inc. (OTC: SEIL) announced that its Board of Directors has approved the acquisition of PM&E Inc.'s assets (EVADA Aircraft's total assets) and that the transaction is final and irrevocable. Completion of the transaction is expected in the coming few weeks.

Seilon, Inc. will own EVADA Aircraft and all other assets currently owned by PM&E Inc. SEIL currently has 206 Million shares outstanding. The company is in the process of issuing 210 Million additional shares to the original shareholders of Mundus Capital Invest / M24 International, the media and broadcasting company now owned by Seilon. Upon completion of the PM&E transaction, the current shareholders of PMEA will receive 699,076,475 shares of SEIL. Once the share transfer process is complete, there will be a total of 1,115,076,475 shares outstanding.

With two additional acquisitions under consideration in the solar and cannabis industries, the company will also at that time increase the authorized share count to 1.6B shares.

Further details will be provided as available.