PM & E, Inc signs additional letters of intent
Industry: Environment
the Company has signed additional letters of intent to purchase operating solar plants in Romania
Toronto Canada (PRUnderground) February 27th, 2015
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The PM & E Inc Board of Directors is pleased to announce that the Company has signed additional letters of intent to purchase three more operating solar plants in Romania. The Company expects to close all transactions by the end of the second quarter of this year. The Company further plans to utilize its own product in these operations as well.
The Company expects that the solar plant operations will be cash flow and earnings positive before year end.
In the upcoming weeks the Company will provide shareholders, as many of them have requested, with details about these operations through additional news releases and information on the Company’s web site.
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
Press Release Information:
Investor Relations: PACIFIC EQUITY ALLIANCE LLC
Investor Contact(s): Zachary R. Logan / Drew S. Phillips
Contact phone: 858.886.7237 info@pacificequityusa.com
