PJET and ALYI Announce Electric Motorcycles And Scooters For College Campuses

Rhea-AI Summary

Priority Aviation (OTC Pink: PJET) and Alternet Systems (OTC Pink: ALYI) have finalized production plans for electric motorcycles and scooters set for university campuses. The first shipment is expected to arrive in the U.S. shortly to support PJET’s campus roadshow in Texas. This initiative aims to serve an estimated 500 million college students globally. PJET also recently unveiled a strategic overview highlighting its forthcoming Student Housing By Owner (SHBO) Application, which aspires to evolve into a global marketplace.

Positive

• Finalized production plans for electric motorcycles and scooters aimed at university campuses.
• First shipment anticipated to support PJET’s roadshow in Texas, indicating immediate market engagement.
• Strategic plan to serve a large demographic of college students worldwide.

Negative

• Potential risks related to achieving significant sales and meeting performance requirements.
• Competitors with greater financial resources could impact market position.

Dallas, Texas, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) and Alternet Systems, Inc. (OTC Pink: ALYI) (“ALYI”) today announced the companies have finalized production plans for the electric motorcycles and scooters to be produced by Alternet Systems, Inc. (OTC Pink: ALYI) for use on university campuses.  The first shipment is expected to soon be in route to the U.S. to support PJET’s university campus roadshow starting in Texas later in the first quarter where the electric motorcycle and scooter models will be demonstrated, and orders taken.

The electric motorcycle and scooter offering is part of PJET’s overall plan to build a branded suite of services for an estimated 500 million college students worldwide today, and their college bound children tomorrow.

PJET recently published the company’s 2022 strategic overview presentation introducing the soon to be launched Student Housing By Owner (SHBO) Application (APP) and detailing the plan to evolve the SHBO APP into a Global Amazon-like Marketplace serving a multigenerational population. 

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.

Contact:
Steven Rash
Info@pjet-info.com
+1 (800) 861-1350

FAQ

What is the focus of PJET's recent collaboration with ALYI?

PJET and ALYI are focused on producing electric motorcycles and scooters for university campuses.

When will PJET's electric motorcycles and scooters be available?

The first shipment is expected to arrive soon, supporting PJET's roadshow in Texas later in the first quarter.

How many college students are targeted by PJET's initiatives?

PJET aims to serve an estimated 500 million college students worldwide.

What new application is PJET planning to launch?

PJET is planning to launch the Student Housing By Owner (SHBO) Application.

What risks are mentioned in PJET's press release?

The risks include challenges in achieving sales, meeting contract performance, and competition from financially stronger entities.