SEILON, Inc. Announces Acquisition of M24 BFA TV
September 07 2016 - 10:52AM
InvestorsHub NewsWire
SEILON, Inc. Announces Acquisition of M24 BFA
TV
TORONTO, ONT -- September 7, 2016 --
InvestorsHub NewsWire
The Seilon Inc. (OTC:
SEIL) Board of Directors is pleased to announce that the
Company has entered into a Joint venture Agreement with Mundus
Capital Invest AG and acquired a fifty one percent (51%) interest
in M24 BFA TV for stock.
M24 BFA TV is the first Anglophone
and Francophone TV Channel of the world, purely concentrating on
Business opportunities and Financial information related to Africa.
The launching of the TV Channel is planned for the 31st
of December 2016. The broadcasting will start initially via IPTV,
via Android & iPhone Apps, via the M24 IP-Box, and in a later
developed stage via cable in the US, Canada, Europe and
Asia.
M24 BFA TV consists of the following
divisions;
1. M24 BFA TV (IPTV + Android App + iPhone
App)
2. M24 Educational TV (IPTV + Android App
+ iPhone App)
3. E-learning Web Platform to reflect Accredited
Canadian High School degree programs
Present Seilon Management will continue to focus
on the parking App and its further development while adding new
additional management in the acquisition of the interest in M24 BFA
TV.
The Web site of M24 BFA TV: www.m24bfatv.com
The Web site of Mundus Capital Invest AG:
www.mci-ag.com
About Mundus Capital Invest
AG:
MUNDUS CAPITAL INVEST AG (“MCI”) is a
Swiss holding company that entirely owns M24 Group, the media
division of MCI Group, which has been in Business since January
2013.
M24 Group has launched its TV Channel, M24
TV, which is devoted to Music and Entertainment, and is
broadcasting on Nilesat (10727/H/ 27500).
MCI is keen on further expanding its business
activities planning to invest and form new companies in the fields
of Aviation, Automobile, Tourism & Travel, Real Estate,
Renewable energy and Agriculture.
The holding company is considering certain
strategic acquisitions and / or the forming of new Joint Venture
companies with well-identified local partners on the emerging
markets.
One of MCI’s divisions, EVADA Aircraft Corp has succeeded to reverse merge
with PM&E Inc. (OTC:PMEA)
and it is in process of completing the
restructuring.
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.
Contact Info:
Robert Johnson
Contact phone: +1-647 632 5140
E-mail: info@payandpark.ca
Web site: www.payandpark.ca &
www.payandpark.eu
Seilon (CE) (USOTC:SEIL)
Historical Stock Chart
From Apr 2024 to May 2024
Seilon (CE) (USOTC:SEIL)
Historical Stock Chart
From May 2023 to May 2024