PJET Bolsters Balance Sheet With IP and Hard Assets That Can Generate Revenue

Rhea-AI Summary

Priority Aviation, Inc. (OTC Pink: PJET) has launched a strategic overview presenting the upcoming Student Housing By Owner (SHBO) Application. This app aims to create a global marketplace for the 500 million college students worldwide. Management highlighted the development of balance sheet assets, including a multi-unit student residence building in Texas, which will generate revenue and provide real-time data for the SHBO APP. The proprietary technology is expected to enhance PJET’s intellectual property value.

Positive

• Introduction of the SHBO APP targeting a large potential market of 500 million college students.
• Investment in a multi-unit student residence building to generate revenue and data for the SHBO APP.
• Potential for future revenue generation from balance sheet assets.

Negative

• None.

Dallas, Texas, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Priority Aviation, Inc. (OTC Pink: PJET) (“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 the 500 million global college student marketplace.

Management emphasized today that the execution of the company’s strategic plan is building balance sheet assets, and that those assets have the potential to generate revenue.

The SHBO APP is a proprietary technology custom designed by PJET that will carry intellectual property value recorded on the balance sheet and generate revenue. PJET is getting hands on experience in the student life marketplace by investing in the construction and operation of a multi-unit student residence building serving a small university in Texas. The building will add balance sheet asset value and generate revenue in addition to providing a source of real-time data for the ongoing development and evolution of the SHBO APP.

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 Student Housing By Owner (SHBO) Application by PJET?

The SHBO APP is a proprietary technology developed by PJET aimed at creating a global marketplace for college students to find housing.

How is PJET planning to generate revenue?

PJET plans to generate revenue through the SHBO APP and by investing in a multi-unit student residence building.

What is the market size for the SHBO APP?

The SHBO APP targets a marketplace of approximately 500 million global college students.

What assets is PJET developing for future revenue?

PJET is developing balance sheet assets, including the SHBO APP, and investing in a multi-unit student residence building.

What risks does PJET face in its strategic plan?

PJET faces risks related to achieving significant sales, competition, and meeting performance requirements as outlined in their forward-looking statements.