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
 

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