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Are you guys just buying shares here to see if it works or are there other reasons ? If you buy PMEA right now @ .0005, you get these shares at .004 so why would you buy these at 1000% mark up ?
Is there some benefit to having the SEIL shares in your account before the conversion ?
Just hit the ask on SEIL using Etrade. It worked quickly.
Just tried to buy using Etrade. Order went through but did not post in the Bid. Bid showed .048 and my bid was .05. I don't think this can be traded.
Thank you for your insight.
They need to post an Attorney Letter with Respect to Current Information. They are updated on the Financials.
IMO
MS
Late filing ? I noticed there last quarterly was unaudited.
Anyone know why the yield sign is up on OTCMarkets.com for SEIL?
"What would be the benefit of buying SEIL shares now over PMEA shares ?"
Zero
What would be the benefit of buying SEIL shares now over PMEA shares ?
Just curious what others think about it.
No issues with Fidelity.
Etrade is a go...
Questions: does anyone here actually own any SEIL shares? Is anyone here able to buy and sell SEIL shares currently?
I tried through my Merrill Edge account and was blocked. According to their research there is virtually no volume in trading (we already knew this), it appears all trading is all institutional and potentially all internal trading within the company. But it doesn't show on any "toxic" list that would otherwise outright block trading of it.
That was the best they could come up with. :) The mystery continues!
https://www.otcmarkets.com/stock/SEIL/profile
Seil market value has increased. I believe it was 10 mil just last week, now 14 mil
Don't think it's so much the swap not taking place its what happens after that can they finally build aircraft that's the uncertainty
attorney letter...Everything is going as planned....financials for pmea ending march 2017!
https://www.otcmarkets.com/stock/PMEA/filings
When this deal goes through all eyes come here!
Awesome volume today. See no one is excited over here about the so called merger. PMEA should be jumping but no one believes Bourne and the merger with his brother.
I agree with you guy's, the other board is way to negative. this is the place to be.
Agreed. I'm in at .0004. I don't think there is much opportunity to flip anymore. Holding 4.25 million free shares. Very interested to see how this one shakes out.
LOL...I read that board daily, I just don't post much anymore. They all just want cheaper shares IMO...
SEIL's current price of .052 is equivalent to PMEA at .0065.
The cheaper shares they get there, the better deal they get here...
PMEA @ .0006 is equivalent to SEIL @ .0048
PMEA @ .0005 is equivalent to SEIL @ .004
PMEA @ .0004 is equivalent to SEIL @ .0032
Higly doubt anyone gets these but,
PMEA @ .0003 is equivalent to SEIL @ .0026
Pretty simple math....
I'm jumping over here. The PMEA bored is getting ridiculous. Patience will pay IMHO with this one. GLTA
"Don't be too proud of this technological terror you've constructed. The ability to destroy a stock is insignificant next to the power of the Force."
GO SEIL
GO PMEA
Yes. That is correct. I am just using SEIL's current value and making a comparison. Of course the value will be higher. PMEA's assets alone are worth more than SEIL's current market value.
I guess this tells me , worst case .012,(which is still profitable at PMEA's current discount) but, the valuation should be much higher.
All just my opinion...
Except you FAILED to add the market value of acquisitions to the new OS /PPS calculation.
SEIL's current market value is roughly $14,000,000...
$14,000,000 divided by current OS 206,500,000 = .0677
$14,000,000 divided by new OS 1,115,076,475 = .0125
"Even if the price dropped a little, anything above .004 is still profitable at PMEA's current price"
Yep, And I truly believe that the drop will only be temporary; as in hours, not days or weeks.
I may be wrong but I really have a good feeling about this.
Even if the price dropped a little, anything above .004 is still profitable at PMEA's current price...
And I do not see it dropping that low with the current float and current acquisitions on the table.
"Awesome deal IMO. I can't believe some are still trying to put a negative spin on this."
There are people that will complain no matter what. It's the way of our world; never, ever satisfied.
The fear is that once the shares are converted, people will dump into the bid, causing the pps to crash.
But here is what they're not seeing. Even if/when people dump into the bid, the float is so tight that when the dust settles, the pps is going to take off way past .06 or .07. The shares being added to the OS are currently owned shares, not shares waiting to be hit the market.
The pps goes up almost 2 cents on 1000 volume. Watch how fast it soars once shares are converted.
As tight as their float is right now, it will be that tight when shares are converted.
Personally, I like what I'm seeing.
Awesome deal IMO. I can't believe some are still trying to put a negative spin on this. (oh wait, cheapskates that are always looking for cheaper shares...LOL)
So...
10,000,000 PMEA shares currently @ .0004 worth $4,000 will become
1,250,000 SEIL shares currently @ .069 worth $86,250 !!!
Looking forward to receiving my SEIL shares as per PMEA agreement!
TORONTO, ON--(Marketwired - May 3, 2017) - 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.
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 Seilon 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.
Conversions at a premium for PMEA sounds great to me, UF.
Cannabis and Solar and huge, UF!
Big Conglomerate In The Making!
Conversions at a premium for PMEA.
Cannabis and Solar, too. Nice...
Can you please post this on pmea board
Thank you
TORONTO, ON--(Marketwired - May 3, 2017) - 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.
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 Seilon 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.
Not a bad idea
I may do both. Dump enough PMEA to get my initial investment back and then ride free shares of SEIL.
GO SEIL
GO PMEA
You have a legitimate concern. Nobody is willing to sell at what the bid is. No one is will to buy at the ask.
Maybe you should sell your PMEA shares before your shares are converted to SEIL.
Me, I'll take the chance and hold onto mine throughout the process. I believe this will turn out good. Especially once pr's are released about aircrafts being built on assembly line and other revenue being generated from the many other acquisitions/projects.
Every one have to make their own decisions. I certainly am not the one to try to convince anyone one way or another. If the lack of volume concerns you, maybe your decision has been made.
PMEA and SEIL deal can make you rich!
Too good to believe for both $0.0005 PMEA $0.052 (Ask $0.07) cent SEIL Investors.
(SEIL traded between $0.052 - $0.07 cents Friday). SEIL is asking $.07 cents today (Monday). Making you rich is my opinion only. Do your own due diligence.
ONCE THIS SINKS in and a bit more news on this comes out which is inevitable - my guess is PMEA will run. As this is what I would call an 'atypical' (not typical) deal/situation - an awful lot of future investors are still scratching their heads. Truthfully, I am too a little bit. But regardless, I was always a PMEA LONG. Atypical yes -- but it appears to be a WIN WIN deal for both SEIL & PMEA. Both bring a lot to the table. SEIL didn't get a 5 - 7 cent pps and a $12 million market value by being a slouch either. The deal appears to call for PMEA to sell its valuable EVADA Aircraft division only. So a lot is still unknown.
PMEA is one of the very few companies in the penny stock basement/penny stock He-l -- that actually built something huge with public investor monies.
EXAMPLE OF WHAT PMEA SHAREHOLDERS COULD GAIN:
400,000 shares of PMEA bought at Trip 6 today would have cost you USD $240. If that 400k PMEA shareholder were to receive 1 share of SEIL which closed today $0.052 cents for every 8 shares of PMEA --- that would be 400,000 shares divided by 8 = 50,000. 50,000 shares times $0.052 = $2600 - which would be the value of the PMEA investors' 400k shares. TODAY (Thursday) SEIL is trading at $0.08 cents. 50,000 times $0.08 = $4000.
Not only that SEIL's float looks/acts like it is locked up/nearing lock up the way it traded Wendesday - ranging between $0.0520 - $0.1410 (and even $0.20 for a very short period). Today (4/27/17) SEIL is trading at $0.08 cents. Today SEIL traded between .052 -.07 cents.
So by the time IF this ever closes SEIL just may run up to $0.10 - $0.15 cents or more. If SEIL's float is locked up seems to me that SEIL may just have to increase authorized shares. That is an unknown factor in this.
ADDED BONUS for both PMEA and SEIL INVESTORS:
Before this deal even closes, both more than probably will make a run up in my opinion.
SEIL's market value $12 mil plus, PMEA's $2 mil plus..
Check out Mundus Capital Website and you'll get all the confirmation you'll need. See: http://www.mci-ag.com
SEIL-Share Structure
Market Value1 $12,013,000 a/o Apr 24, 2017
Authorized Shares 400,000,000 a/o Sep 30, 2016
Outstanding Shares 205,000,000 a/o Sep 30, 2016
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 80,000,000 a/o Sep 30, 2016
PMEA Share Structure
Market Value1 $2,046,000 a/o Apr 24, 2017
Authorized Shares 9,000,000,000 a/o Jan 17, 2017
Outstanding Shares 5,115,000,000 a/o Jan 17, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 1,575,000,000 a/o Jan 17, 2017
SEIL did announce:
Seilon, Inc. Announces Second Planned Acquisition
TORONTO, ON--(Marketwired - Apr 25, 2017) - Seilon, Inc. (OTC: SEIL) announced today that it has made an offer for the purchase of an existing Aircraft Company.
WHY BUY EVADA AIRCRAFT (PMEA)? PMEA poured an awful lot of money building up this aircraft building company. It was/is at the point of production, but it may have exhausted its funds. PMEA did try for a loan. This is a WIN WIN because it gives SEIL a lot of value, and a company (PMEA) that could be spun off into a subsidiary - which (new or old symbol unknown) could continue to gather a separate money stream of free public investor funds (stock sales). PMEA executives, mechanics, plane builders will likely stay on in their present capacity - so PMEA folks get to see their dream of their aircraft building company come about. SEIL & PMEA operate in the same Mediterranean area.
26 APR 2017 PMEA news:
PM&E, Inc. Accepts Purchase Offer For EVADA Aircraft
CHEYENNE, WY--(Marketwired - Apr 26, 2017) - Aircraft manufacturer PM&E, Inc. ( OTC : PMEA ) announced today that it has agreed to the purchase of EVADA Aircraft by publicly traded, Seilon, Inc. ( OTC : SEIL ).
CEO Joseph Bourne stated, "At this point in our company's history, it is important for us to accomplish two objectives. One, that Evada Aircraft operates within a business framework that will ensure the successful manufacture and sales of Evada Aircraft units sooner rather than later and two, to ensure that our existing shareholders who have been with us for the long term are taken care of in the most favorable way possible. With both of these objectives in mind, we have made the decision to move forward with the sale of Evada Aircraft to Seilon, Inc."
Seilon, Inc. recently made an acquisition of a media and broadcasting operation with operations in Tunisia, Spain and with planned operations in North America. The upside revenue potential from the first merger is very favorable. Evada Aircraft will be the second acquisition for Seilon, Inc. and will occur via a share exchange. In addition to these two acquisitions, Seilon, Inc. is exploring additional opportunities in the solar and cannabis industries.
Mr. Bourne went on to say, "We negotiated this transaction as a share exchange at a ratio of eight to one. In other words, PMEA shareholders will receive one share of SEIL for every eight shares of PMEA. We will have more information to share in the coming days, but for now we wanted to give as much detail as possible to allow investors to make an informed decision based on what we know to this point."
Mr. Bourne finished up with, "From day one, the number of shares outstanding and the chill that we could never get lifted in spite of our current status caused problems on several fronts. We are excited about the opportunity to be part of a company without those issues and part of a company that will grow and expand long term as a holding company that will take advantage of multiple business opportunities across several industries. Evada will still operate as a separate and independent operation, but with a fresh start that will give us a better opportunity for success long term."
Disregard last sentence from my response to you
Disregard last sentence from my response lol
Ok wasn't sure if it was just o/s or a/s you answered my question. Will be interesting to see what becomes of Pmea itself
I'm not exactly sure what you're saying.
SEIL will be dealing with the shares from PMEA's OS that shareholders currently own.
They will have nothing to do with the total AS from PMEA.
In a sense, it is like a RS. Except when it's all said and done, your reduced share amount will have much more value than before.
Let me get this straight. If your using Pmea authorized in this share conversion what happens to Pmea shares? I could understand converting only the outstanding then having rest of authorized left to retain but if its not is this not a reverse split? What is it that i'm missing
"PMEA's 5.6 billion shares divided by 8 adds 700 milion shares to SEIL's total and brings it to 900 million."
The fact that SEIL's float is pretty much locked, if the OS only increase to 900 million, which are the PMEA shares converted, the float would still be locked.
Add the fact that SEIL will now be making profits from selling aircrafts (assuming they ever reach that point), and all of the other revenues from already existing projects, this may well end up in the .40-.50 range very easy.
Look how the pps went from .056 to .20 on 40,000 volume on Monday. When the dust settles, if we have only 900 million shares OS, we will be sitting very, very pretty. Sure people will sell and take profits after the conversion, but even those who sell will be selling a locked float.
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Mr. Mary Balla NIANG | Mr. Steven BOURNE | Mr. Devon BAILEY |
Chairman of the board | President & CEO, Secretary | Director, VP Business Development |
Authorized Shares : | 400,000,000 | a/o Sept. 30, 2016 |
Outstanding : | 205,000,000 | a/o Sept. 30, 2016 |
Float : | 80,000,000 | a/o Sept 30, 2016 |
SEILON Inc. |
| M24 BFA TV Inc. |
www.seilon-group.com | | www.m24bfatv.com |
1881 Steeles Ave, suite 364 | | 1621 Central Ave Cheyenne, |
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