RICKY SITOMER, CEO, Star Jets International, Inc. (JETR), Announces the Completion of its 2019 and 2020 Audit

Rhea-AI Summary

Star Jets International (OTCPink: JETR) announced the completion of its financial audits for 2019 and 2020. The company has seen robust growth in private jet travel demand, accelerated by the COVID-19 pandemic. Star Jets plans to file a Form S-1 to uplist to Nasdaq in early December, with expectations of raising additional funds for acquisitions and marketing. In 2021, the company reported approximately $9 million in revenue for the first three quarters, indicating a strong growth trajectory.

Positive

• Completed financial audits for 2019 and 2020.
• Expecting to uplist to Nasdaq in early 2022.
• Reported approximately $9 million in revenue for the first three quarters of 2021.
• Increased demand for private jet travel due to COVID-19.

Negative

• None.

NEW YORK, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Star Jets International, Inc. (OTCPink: JETR), a leading Private Jet Charter Company, announces that it has completed its financial audit for 2019 and 2020. Success continues at JETR because the COVID-19 pandemic causes travelers to continue to look for private jet travel for business and pleasure, providing safe, clean environments.

Not showing any signs of slowing down, as predicted, the Company continues a big growth trend from those seeking private jet travels.

The Company started its review of the third quarter of 2021 and expected to file a Form S-1 to apply to Nasdaq in the first week of December. The Company intends to up-list to Nasdaq in January or February.

Ricky Sitomer, CEO of JETR, stated, “We are very excited to have completed this long-awaited audit for 2019 and 2020. We are looking forward to the next chapter in our Company, with our up-list to Nasdaq.  The anticipated money raised will allow us to make acquisitions and have funds for increased marketing. The Company expects to grow exponentially with the completion of the up-list and the money raise. The Company has done approximately $9,000,000 in Revenue for the first three quarters of 2021. We expect to continue our trajectory and look forward to accomplishing our goals.”

Last week, JETR broadcasted to its investors a discussion on the results of its Q3 earnings; watch the broadcasting here: https://www.youtube.com/watch?v=mz0HSF5JwUc

Please visit www.starjetsinternational.com for more information, Company updates, or book travel with Star Jets International, Inc.

About Star Jets International, Inc. (OTCPink: JETR)

Star Jets International, Inc. (OTCPink: JETR) offers its customers all the advantages of owning a corporate jet without the burdens associated with ownership. This includes unprecedented flexibility through access to over 5,000 private jets domestically and 15,000 private jets worldwide. Star Jets executives have nearly 20 years of experience in aviation and marketing, http://starjetsinternational.com/ and https://private-jet-charter-flight.com/. Watch Star Jets International “YouTube” video - https://www.youtube.com/channel/UCJZK4vvDiMNlXE-7g-s11OQ, and watch two CNBC Commercials about the Company- https://wave.evolphin.com/EVyy7j#.

For more information about this press release and Star Jets International, Inc., contact Ricky Sitomer at (917) 331-5152. 

Forward-Looking Statements Disclaimer: 

The press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Ricky Sitomer
CEO
Star Jets International Inc.
Tower 57
135 East 57th Street 16th Floor
New York, NY 10022
Mobile: 917-331-5152
Phone: 855-9-FLYJETS
Fax: 212-658-9810
RS@STARJETSINTL.COM
www.starjetsintl.com
“ANY JET. ANY TIME. ANYWHERE.”

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/147fce3a-0b57-4d66-852a-38b66eb08690

FAQ

What financial audits has Star Jets International completed for JETR?

Star Jets International has completed its financial audits for 2019 and 2020.

When does Star Jets International plan to uplist to Nasdaq?

Star Jets International plans to uplist to Nasdaq in January or February 2022.

What revenue did Star Jets International report for the first three quarters of 2021?

Star Jets International reported approximately $9 million in revenue for the first three quarters of 2021.

How has the COVID-19 pandemic affected Star Jets International's business?

The COVID-19 pandemic has increased demand for private jet travel, benefiting Star Jets International.