PJET Times SHBO APP Launch To Capture Uniquely Ideal Market Conditions
Priority Aviation (OTC Pink: PJET) announced plans to launch its Student Housing By Owner Application (SHBO APP), aimed at improving university student life. This application will connect local property owners with students seeking rental accommodations. CEO Steven Rash stated the app is ready for launch, indicating favorable market conditions for new technologies, despite the overall bearish market sentiment. Rash believes that a unique opportunity exists for innovative ventures like PJET to succeed even in less favorable market environments.
- Launch of the SHBO APP could address a specific need in the student rental market.
- CEO believes current market conditions present a unique opportunity for innovation.
- Market conditions are described as far from bullish, indicating potential challenges.
- Forward-looking statements include risks such as failure to meet performance requirements and competition.
Dallas, TX, July 28, 2022 (GLOBE NEWSWIRE) -- Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today announced the company plans to soon launch the company’s Student Housing By Owner Application (SHBO APP).
PJET is a technology company developing applications designed to enhance university student life. The central application (SHBO APP) connects the local university community with students by facilitating the advertisement by property owners of real estate available for student rental. The company plans to expand the APP’s reach into additional aspects of student life and build a lifelong relationship with students even after their college experience.
CEO Steven Rash reiterated a statement made earlier this year stating that “For all intents and purposes, the SHBO APP is ready to launch.” Mr. Rash added, “we’ve been looking for a window to launch the APP into better market receptivity for new technologies and we think that window is now imminent.”
Mr. Rash explained his view on the unique and potentially ideal market conditions. “In my opinion, while the market is far from bullish, the prevailing market is now the new normal. When the market is bullish, conditions are favorable for most innovative high growth ventures to take advantage of trends. Bullish conditions can even make it difficult for any one innovative company to standout in the crowd of companies trying to take advantage of the bullish market. When markets are relatively stable, even if that stability is less than favorable, than conditions, in my opinion, are at least acceptable and maybe even ideal for launching innovative new strategies. I tend to believe the market is even hungry for a one-off bullish exception to otherwise bearish conditions creating a potentially ideal situation for launching a new innovation. So, we’re ready and will be announcing a launch schedule soon.”
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 SHBO APP by Priority Aviation (PJET)?
When is the SHBO APP expected to launch?
What market conditions does PJET believe are ideal for launching the SHBO APP?
What risks did PJET mention regarding its future outlook?
