PM&E, Inc. (PMEA)

[dcool1]

They have 3B AS. Go to the State of Colorado Corporation site to see the filing.

515M shares of the 1.45B OS are held by the owners and are restricted. Those shares can NOT be sold according to SEC Rule 144.


Thomas said they misunderstood repayment terms of a 125k loan and went in default on that loan. They hired an attorney to sort out the issue, but nothing could be done. They recently had to issue approx 750M shares to settle that loan per a court order. The loan company is well known for defaulting loans on small OTC companies.

The net worth of assets listed is the solar battery and machine shop tools they have developed and use.