Global Crossing Airlines Inc. (JETMF)

[PennyWorld]

My only advice on this is that this company currently does NOT sell a product. They are in the exploring phase. They have a nice web site and push out encouraging PR's. But they are "cash strapped". Per my call to IR last weak they plan on selling more shares (dilution) to raise another 10-15M dollars just to keep the exploring going. The IR guy tells me that the red tape and paper work will take 3+ years before they will be authorized to even sell a product. They just did an R/S in 2010 (a very, very bad thing for us - you could lose your shirt almost overnight on an R/S). They will have to do that again after they dilute the shares again.

So this is speculation. It's pure gambling.

IMO most folks make their $$ on this equity by buying low and selling high on narrow price swings. I would not risk important $$ on this over the long haul. Just my opinion.

I have lost $$ on penny stocks like this in the past. So accept the risk that you may lose everything when you decide to buy this stock. Because they don't even sell a product yet, I'd view this as simply gambling (throwing the dice). And since they are cash strapped expect them to be dumping more shares on the market in 2013 which will dramatically increase investors risk. Not smart to use important $$ on this. Study the fundamentals. You be the judge.