PJET Student Housing By Owner (SHBO) APP Rolling Out Next Month
Priority Aviation, Inc. (OTC Pink: PJET) announced that it will publish a shareholder update alongside the 2021 annual report. This update will provide insights into the company’s progress, including the development of the Student Housing By Owner (SHBO) Application, aimed at creating a marketplace for the global college student demographic. Additionally, PJET is investing in a student residence project in Texas and has partnered with Alternet Systems to bring electric vehicles to college campuses. An extension for filing the annual report has been submitted.
- Development of the proprietary SHBO application targeting the global college student market.
- Investment in student housing construction, adding asset value and generating revenue.
- Partnership with Alternet Systems to introduce electric vehicles to college campuses.
- Risks associated with the dependence on successful implementation of the SHBO APP.
- Uncertain revenue generation from the new projects and potential competition.
Dallas, Texas, March 31, 2022 (GLOBE NEWSWIRE) -- Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today announced the company will publish a shareholder update in conjunction with the coming 2021 annual report.
The update will serve as a progress report and update to the company’s 2022 strategic overview presentation published in January this year 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.
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.
PJET has also partnered with Alternet Systems, Inc. (OTC Pink: ALYI) in a pilot program to bring ALYI electric motorcycles and scooters to college campuses. The shareholder update to be published in conjunction with the 2021 annual reports will include an update on the project with ALYI.
PJET will file an extension today and file the 2021 annual report with the extension timeframe.
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 Priority Aviation's upcoming shareholder update about?
When will PJET file its 2021 annual report?
What is the SHBO application launched by PJET?
How is PJET generating revenue from student housing?
What partnership has PJET formed regarding electric vehicles?
