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PJET Partners With PURA To Build Student Housing From Hemp Disrupting $600 Billion Lumber Market

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Priority Aviation, Inc. (OTC Pink: PJET) has partnered with Puration, Inc. (OTC Pink: PURA) to construct student housing utilizing hemp materials. PJET, focused on student life technology, is set to launch the Student Housing By Owner (SHBO) APP, aiming to connect students and local communities, modeled after platforms like Airbnb. The initial pilot project will be located in Texas near a college campus, providing a basis to enhance the SHBO APP. PURA's Farmersville Hemp Brand aims to promote industrial hemp solutions and contribute to carbon neutrality goals.

Positive
  • Partnership with Puration, Inc. to develop innovative student housing using hemp.
  • Launch of Student Housing By Owner (SHBO) APP to connect students with local communities.
  • Pilot project located near a college campus, providing valuable insights for the APP development.
Negative
  • None.

Dallas, Texas, May 03, 2022 (GLOBE NEWSWIRE) -- Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today announced the company has partnered with Puration, Inc. (OTC Pink: PURA) to build student housing from hemp.

PJET is a technology company focused on student life.  The company’s core technology is its soon to be launched Student Housing By Owner (SHBO) APP designed to connect communities local to college campuses with students through an APP similar to Airbnb and VRBO but specific to the college community.  PJET plans to evolve the relationship with the students into a lifelong relationship that extends beyond graduation providing a more socially conscious Amazon alternative.

PJET is building its own pilot student housing project in Texas near a small prominent, college campus to build first-hand experience that can be added to the ongoing development of the company’s SHBO APP.

PURA has launched its Farmersville Hemp Brand to usher industrial hemp solutions into the market and contribute to the net zero, 2050 global carbon neutrality goal.

Part of the Farmersville Hemp Brand strategy is targeted at disrupting the $600 billion global lumber market.

Hemp is a textile and lumber industry disruptor. Hemp fiber is an alternative to cotton and traditional construction lumber that in fact has many characteristics superior to cotton and traditional lumber before considering the environmental benefits of using hemp. Hemp grows faster than cotton and hard wood forests, uses less water and absorbs more carbon. Hemp can be used in the production of bioplastics and has even been tested for use in supercapacitors which hold the potential to outperform batteries and do so with far less detriment to the environment.

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 Priority Aviation, Inc. (PJET)?

Priority Aviation, Inc. is focused on developing technology related to student life, including a new app for student housing.

What is the Student Housing By Owner (SHBO) APP?

The SHBO APP is designed to connect students with local communities for housing, similar to platforms like Airbnb but tailored for college students.

When was the partnership between PJET and PURA announced?

The partnership was announced on May 3, 2022.

What materials will be used in the student housing project?

The student housing project will utilize hemp materials as part of a sustainable building approach.

What environmental goals does PURA's Farmersville Hemp Brand support?

PURA's Farmersville Hemp Brand aims to contribute to global carbon neutrality goals by promoting industrial hemp solutions.

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