PJET Targets Growing Multi-Billion Dollar Market With High Demand And Low Supply
Priority Aviation, Inc. (OTC Pink: PJET) is set to unveil its new business plan on October 21, 2021, following a strategic pivot away from the cannabis sector. The company aims to tap into a multi-billion dollar market characterized by high demand and low supply by developing a sharing economy technology solution. This initiative is expected to launch by year-end. PJET is also in talks to acquire a physical asset for testing and demonstrating its technology, while restructuring its disclosures to meet OTC Markets requirements.
- Pivoting to a multi-billion dollar underserved market.
- Plans to launch a sharing economy technology solution by year-end.
- In discussions for acquiring a physical asset to generate revenue.
- Past cannabis acquisition failed to gain critical mass.
- Dependence on the success of the new business direction for future viability.
Dallas, Texas, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) will present its new business plan on Thursday this week, October 21, 2021.
PJET has redirected its business operations and plans on Thursday to announce the new business direction and provide details on the work that has been underway for the last year on building the new business.
PJET is targeting a multi-billion dollar underserved market with a dramatic low supply in comparison to growing demand. PJET has been building a sharing economy technology solution that empowers private individuals to benefit from the low supply, high demand market dynamics and plans to launch the technology solution before year-end.
PJET’s name stems from previous jet leasing business. Subsequently, the company acquired a cannabis business, but never reached critical mass developing the acquisition into a sustainable business.
Recently, the majority shareholder of PJET, ACI Conglomerated, has decided on a new business direction outside the cannabis industry. ACI is also the majority shareholder of North American Cannabis Holdings, Inc. (OTC Pink: USMJ) and Puration, Inc. (OTC Pink: PURA). With two business already in the cannabis marketplace, ACI is diversifying with PJET.
PJET has lately updated its required disclosures with OTC Markets to reestablish current information status.
The company is also in discussions to acquire a physical asset that will be used to test, refine, and demonstrate the technology currently under development while generating revenue at the same time.
PJET invites anyone that wants to be notified the moment PJET announces its new business to sign-up on PJET’s website. Go to the company contact page and write “tell-me-first” when you enter your email to receive notification as soon as PJET releases specifics on its new business direction.
Visit the company’s new website periodically to look for the latest updates
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 new business plan announcement date?
What market is PJET targeting with its new business direction?
When does PJET plan to launch its new technology solution?
Has PJET changed its business focus recently?
What are PJET's plans for generating revenue in their new direction?
