Dallas, TX, Aug. 11, 2022 (GLOBE NEWSWIRE) — Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today announced engaging in discussions with a potential new strategic investor. The investor responded to a recent message from Steven Rash, the PJET CEO. The CEO’s message is included below:
“In my opinion, while the market is far from bullish, the prevailing market is now the new normal. When the market is bullish, conditions are favorable for most innovative high growth ventures to take advantage of trends. Bullish conditions can even make it difficult for any one innovative company to standout in the crowd of companies trying to take advantage of the bullish market. When markets are relatively stable, even if that stability is less than favorable, than conditions, in my opinion, are at least acceptable and maybe even ideal for launching innovative new strategies. I tend to believe the market is even hungry for a one-off bullish exception to otherwise bearish conditions creating a potentially ideal situation for launching a new innovation. So, we’re ready and will be announcing a launch schedule soon.”
The “launch’ refers to PJET’s Student Housing By Owner Application (SHBO APP).
PJET is a technology company developing applications designed to enhance university student life. The central application (SHBO APP) connects the local university community with students by facilitating the advertisement by property owners of real estate available for student rental. The company plans to expand the APP’s reach into additional aspects of student life and build a lifelong relationship with students even after their college experience.
Company Website – www.pjet-info.com
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
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