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I watched this stock for weeks, and never got in. I just saw the cnbc piece. Glad I stayed away. If anyone is interested in a good otcbb (imho) check out WWAT or CPTC. For a little more risk check out CYBL. Glta.
The cnbc piece was very interesting, they said the promo guys hired for this hype machine are HQ'd at a used car lot, Wynn Holdings I believe, they even showed the car lot during the piece, hysterical...
This was on cnbc this morning saying that they dont even own a jet so yes a scam.
newtrader2007.....It's not on the "Pinks" OTC CTUM, Go to that board, and check it out, might see a doubler within the next two months. Do your own DD PS I lost $42.00 Thank God!!
Ciao
Kemo
SEC Suspends Trading in Securities of ConnectAJet.com, Inc.
This is in response to your statement that pink sheets do not get suspended!
Oct 1, 2007
Pink Sheets News Service
Washington, D.C.— SECURITIES AND EXCHANGE COMMISSION Washington, D.C.
SECURITIES EXCHANGE ACT OF 1934 RELEASE NO. 56584 / October 1, 2007
SEC Suspends Trading in Securities of ConnectAJet.com, Inc.
Kemosabe
Glad you at least got out. Hope losses werent that bad. But do appreciate all on this board that shared information without Pump and Dump type posting.
Hey! were playing the pinks. Hope a few come back and post here with future picks. etc. And ongoing information about CAJT.
Good Luck To All!!
Newtrader
I got in, and I got out, lost a couple of bucks, To be honest with you guys, I smelled a rat, when they put their symbol CAJT
at the end of their AD. Right there I knew something was fishy,
anyway, the last one to leave, please turn out the lights!
Ciao
Kemosabe
Good work. Probably lots more to come. Those cases are from 2004. Since that time rumor is that Reynolds has run many wash trading scams.
take a look at my post from last week it has the same link to sec.
They just busted the same parties last week on deals from 2004. I'm sure that is why this one just got halted.
IAM HAPPY YOU GOT OUT
Thank YOU ALL FOR SAVING MY ASS; got out at 1.65. THANKYOUTHANKYOUTHNAKYOU. Thought all this was a great idea and investment till i ran across this forum
THX TO ALL
everything. as you see this is just a scam.Martin is also a real estate loan officer he owns the lending company (also in austin): google martin cantu also tim page both are also principals in lion capital holdings.FRY THESE BASTARDS
Its GREAT, the SEC finally stepped in on this one.
Newtrader
All those Pr's finally caught up.
Halted by the SEC.
This is a scam people, nothing more, nothing less.
http://www.charterx.com/resources/article.aspx?id=2946
I got screwed by these same guys cantu is not named in this court action but he will be named in the next one that comes
out. this is not a guess it is fact.this will tank just as all others. order a nobo list or call ta and ask about these companys or the individuals named in this suit. also these guys short on the way up and sell on the way down this things volume will dry up and the price will tank
FUTP
Read your post and link you put with. But didnt see anything to do with CAJT! Maybe I missed something! Maybe you could be more specific and show the relationship with Martin Cantu and CAJT, and people you have in your posted message.
If you read my past post I in no way promote CAJT, but do feel fair presentation of facts is right way to go. You post, then say do your own DD. Seems you would post all information, and share if you know facts.
Good Luck To All.
Newtrader
Connect-a-Jet (CAJT) Announces: CAJT Real-Time Reservation Platform Nears Final Integration as Trial Testing is Concluded Successfully
Sep 28, 2007 6:30:00 AM
Copyright Business Wire 2007
AUSTIN, Texas--(BUSINESS WIRE)--
Connect-A-Jet.com, Inc. (PINK SHEETS: CAJT - News), an online innovator of private jet travel and charter, announced today that its Real-Time Reservation Tool and Platform nears final integration onto the CAJT website as trial testing has been concluded with successful results. Upon the conclusion of final integration, the CAJT Real-Time Reservation Tool will be made available on an international scale to all private jet travelers through www.connectajet.com.
The CAJT Real-Time System (RTS) and platform has been designed to allow charter customers, both nationally and internationally, to book private charter in a real-time environment without the traditional hassles of brokerage-type booking. The CAJT RTS will function similarly to that of the present commercial airline industry brokerage sites (i.e.: Expedia.com & Travelocity.com). Upon its successful implementation onto the CAJT website, the RTS will render 24 hour/year round availability of selected aircraft.
Charter operators presently contracted and contracting onto the CAJT RTS are not initially obligated to any membership fees or additional charges. CAJT generates its revenues and profits from the proceeds received directly from booked flights. Every flight booked through the CAJT RTS or its present online flight request system renders percentage based profits to the CAJT organization.
CAJT will continually update its shareholders and the general public on the progress regarding the final stages of implementation of its Real-Time Reservations System and Platform.
ABOUT CONNECT-A-JET
For the first time in aviation history, CAJT intends to unite all existing worldwide charter operators in the United States to operate under one efficient, real-time, online booking system. Customers across the globe will be able to book charter on every private aircraft in flight which meets their particular travel criteria. CAJT will also coordinate all ground transportation, in-flight catering, and will provide real-time flight tracking 24 hours for passengers convenience.
To learn more about Connect-A-Jet or book a charter flight, please visit: www.connectajet.com
Disclaimer:
CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook. The real-time booking system described in this press release has not been implemented to the CAJT website at the time of writing. It is the intention of CAJT to implement this technology at its earliest possible opportunity based upon successful testing. CAJT has no affiliation with Expedia.com or Travelocity.com; the described company names were used as examples referencing and industry technology supported by those parties.
Source: Connect-A-Jet.com, Inc.
----------------------------------------------
Connect-A-Jet.com
Investor Relations:
David Donlin
407-475-9966
read the order and you figure it out they are just as the suit states.jmho
are these guys promoters?
Martin cantu and tim page are partners this is promoted by ryan reynolds and tim page do your dd.jmho
what does this have to do with CAJT?
This is the same guys behind this POS...
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 20302 / September 27, 2007
SEC v. Phillip W. Offill, Jr., David B. Stocker, Shane A. Mullholand, Ryan M. Reynolds, Timothy T. Page, Steven P. Fischer, Curtis-Case, Inc., RSMR Capital Group, Inc., Dissemination Services, L.L.C., Page Properties, L.P., ATN Enterprises, L.L.C., Timothy B. Barham, Ballad Enterprises, Inc., and Bellatalia, L.P., Civil Action No. 3:07-cv-01643 (N.D. Tex.)
On September 26, 2007, the United States Securities and Exchange Commission filed a civil complaint against six individuals and five entities, alleging that they engaged in a scheme to evade the registration requirements of the federal securities laws in connection with their sales of shares of six public companies. The complaint alleges that six companies purported to sell their stock to accredited investors in transactions exempt from registration under Rule 504 of Regulation D. In fact, the complaint alleges, the accredited investors were underwriters who immediately resold their stock to the public without registering the transactions with the Commission, thereby precluding any exemption.
The complaint names as defendants Phillip W. Offill, Jr., of Dallas, Texas, and David Stocker, of Phoenix, Arizona, two attorneys who worked on the offerings. According to the complaint, Stocker directed the six companies to issue shares to six Texas entities which represented they were holding the shares for investment. However, five of the Texas entities were controlled by Offill, who immediately transferred the shares to Curtis-Case, Inc., a company controlled by Stocker. Stocker then sold the shares to the public. The complaint also names as defendants Texas residents, Shane A. Mullholand, Ryan M. Reynolds, and Timothy T. Page, who located companies that needed to raise capital. They introduced the companies to Stocker, and then acting through entities they controlled received and sold stock to the public to provide capital to the companies. The complaint alleges that these individuals kept profits from the sales far in excess of funds that they provided to the six companies. The complaint also alleges that Mullholand, Reynolds, Page, and their entities unlawfully acted as unregistered broker-dealers.
The complaint further alleges that Mullholand and Reynolds transferred some of their stock in three of the offerings to ATN Enterprises, LLC, a company owned by Steven P. Fischer, a Florida resident, who sold it to the public to raise funds for promotional campaigns for three of the companies and for his own personal profit. Fischer allegedly provided a portion of his profits to Timothy B. Barham as compensation for his introduction to Mullholand and Reynolds.
Offill, Stocker, Mullholand, Reynolds, Page, and Fischer are charged with violating the securities registration provisions of the federal securities laws, Sections 5(a) and (c) of the Securities Act of 1933. The complaint also charges the following entities with violating Sections 5(a) and (c): Curtis-Case, Inc. (controlled by Stocker); RSMR Capital Group, Inc. (controlled by Mullholand and Reynolds); Dissemination Services, L.L.C. (owned by Mullholand, and which provided funds to Reynolds); Page Properties, L.P. (controlled by Page), and ATN Enterprises, L.L.C. (controlled by Fischer). The complaint further charges Mullholand, Reynolds, Page, RSMR Capital Group, Dissemination Services, and Page Properties with violating Section 15(a) of the Securities Exchange Act of 1934, which prohibits persons from acting as brokers or dealers without registration with the Commission.
The Commission seeks permanent injunctions against Offill, Stocker, Mullholand, Reynolds, Page, Fischer, and the entity defendants. The Commission also seeks an accounting and disgorgement of ill-gotten gains from the stock sales, pre-judgment and post-judgment interest, civil penalties, and bars from participating in penny stock offerings. Finally, the complaint names Barham, Ballad Enterprises, Inc. (controlled by Barham), and Bellatalia L.P. (controlled by Reynolds) as relief defendants, and seeks disgorgement from them of money that they received which can be traced to proceeds from unlawful stock sales.
SEC Complaint in this matter
http://www.sec.gov/litigation/litreleases/2007/lr20302.htm
Also received that mailer today. It also had a pump by THESTOCKPIC.com.
Connect-A-Jet (CAJT) Surpasses 4,000 Flight Requests In September Representing a 25 Day Increase of Over 1,600 Percent.
Sep 25, 2007 12:37:00 PM
Copyright Business Wire 2007
AUSTIN, Texas--(BUSINESS WIRE)--
Connect-A-Jet.com, Inc. (PINK SHEETS:CAJT), an online innovator of private jet travel and charter, announced today that it has now received over 4,000 flight requests which represents a 1,600 percent increase within a 25 day period.
"Our flight platform and organization as a whole is continually experiencing notable growth. Due to the escalating flight requests and call volume, we have employed an additional 6 charter agents to absorb the increased traffic load. Our client base is becoming more diversified by the day and we are beginning to create a repeat customer base of frequent travelers," stated Martin Cantu, CEO of Connect-A-Jet.com, Inc.
As stated above, CAJT has employed an additional 6 charter agents to absorb the increased traffic load of the incoming flight requests. Employing additional charter agents will increase the ratio of flight requests versus actual bookings, and potentially drive the revenues and bottom line profits of the CAJT organization as flight requests will be processed at a much improved rate of response.
ABOUT CONNECT-A-JET
For the first time in aviation history, CAJT intends to unite all existing worldwide charter operators in the United States to operate under one efficient, real-time, online booking system. Customers across the globe will be able to book charter on every private aircraft in flight which meets their particular travel criteria. CAJT will also coordinate all ground transportation, in-flight catering, and will provide real-time flight tracking 24 hours for passengers' convenience.
To learn more about Connect-A-Jet or book a charter flight, please visit: www.connectajet.com
Disclaimer:
CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
The real-time booking system described in this press release has not been implemented to the CAJT website at the time of writing. It is the intention of CAJT to implement this technology at its earliest possible opportunity based upon successful testing. This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.
Source: Connect-A-Jet.com
----------------------------------------------
Connect-A-Jet.com
Investor Relations:
David Donlin
407-475-9966
Junk Fax report, also from Wynn Holdings
http://theportnoygroup.typepad.com/my_weblog/2007/08/connectajet-inv.html
Wynn also mentioned here:
http://www.dmlist.com/ListView.aspx?nid=50
Thanks slyhunter:
You really need your night vision binoculars for that disclaimer!
Thanks, Peter
all you have to do is look for lion capital holdings put the puzzle together. then you can see a track record of pumps and dumps
No company name on it other than Connectajet.com
Disclaimer states the company in this brochure is to be considered a paid advertisement by Wynn Holdings LLC (WHL) a non-controlling share holder.
Also says in small print that WHL paid $990,000 for the produce and distribution of this advertising brochure. WHL received 10 million shares of CAJT that they can be sold into the market at any time without notice. WHL reserves the right to buy and sell securities at any time without notice to the public.
Small print unreadable without my lighted magnifying glass.
I haven't seen that mailer. Can you tell us who published it? Is there an address or phone number?
Is there a disclaimer in small print listing the payer and the amount paid?
Appreciate anything you can add. Peter
FYI -- Today I got a really nice looking postage paid from Dallas, TX mailing telling me I could turn 10k into 50k in weeks if I bought this stock. Profit potential is 750% - 875% (30-60 day). Um 875% of 10k = 87.5k someone needs to learn some math.
"Could CAJT.PK be the next expedia?" (Expedia sold for $1.2 Billion.
Forecast August 25 = 1.00, Sept 1 = 2.25, Sept 10 = 3.50, sept 25 =- 5.30, Oct 1 = 6.10, Oct 15 = 8.75.
Great plan, a central booking agency so you can book private flights as easily as commercial flights.
ok, back to reality. I have never received an anonymous stock tip that didn't tank after I received it. Luckily, not really luck, I've never lost money on one of these stock tips because I never believed one of them.
Will watch this stock though. If it's an effective pump and dump logic dictates the next week or two it should go up 300% or more and I'll wish I had gambled a hundred bucks or so. I don't believe it enough to even risk a hundred bucks.
CEO Cantu Of CAJT will only return calls to cypressknee..BAWhahahahhahahahhahahahahahahahahahahahahahhahahahahahhahahahahahahahahahahahahahahahahahahahahahahahahahaha!
CharterX called Cantu several times for a response, but calls were not returned. Making every attempt to get through to this company, CharterX also called its reservation charter department; however, a recording said, "mailbox full, goodbye." CAJ's website does not provide anyone's name or company bio; Cantu's name was found on a press release.
CAJ's press releases provide contact information to its "investor relations," David Donlin. Several calls were made to Donlin, which CharterX discovered led to The Cervelle Group, LLC, in Altamonte Springs, Fla. A woman, only willing to give her first name, Jen, assured that Donlin would return calls within the hour; however, she declined to verify what Donlin's position was at TCG. After 16 hours passed, there was still no word from Donlin. TCG's website is absent of anyone's name or corporate bio; it states it handles financial relations counsel, public relations campaigns and other marketing services.
Where is CAJ getting its money, and what exactly do investors believe they're buying? Operators that CharterX talked to said CAJ's pitch is that operators are not charged to join; CAJ would make money selling charter flights receiving a commission.
CAJ's press releases promote that charter requests are real-time applications; within seconds, a customer can book a flight, pay and show up at the tarmac. As of going to press, the company's a real-time booking system doesn't exist; it's a manual, slow process. Its website says it plans to release its real-time booking platform in December. To test its current charter platform, this journalist requested an empty leg (a one-way flight) on a Gulfstream V, from Denver to Sacramento. An assuring email arrived saying a charter representative would be in contact--shortly. More than four hours went by; no one called. CAJ's press releases continue to state tremendous charter requests; however, the numbers of actual flights flown are not disclosed.
Aviation Companies Warn CAJ To Stop Putting Out False Claims
In another press release, CAJ said it launched its worldwide sales program, and began pre-contracting charter operators around the globe; it claimed it was negotiating an affiliate partnership with Scottsdale, Ariz.-based Aero Jet Services, LLC, a FAR Part 135 air carrier. On Sept.5, CAJ said Aero Jet joined its charter program, adding $40 million in aircraft inventory. Aero Jet President Mike Aaby told CharterX, "I have never had a conversation with Cantu and never gave CAJ permission to use Aero Jet's name in print. I'm sending a letter to this company telling them to stop using my name; we are not doing business with them."
After CAJ released a press release on Sept 6, stating it submitted a letter of intent to engage in a charter partnership with NetJets Inc., a Berkshire Hathaway company, Maryann Aarseth, vice president of corporate communications, told CharterX, "Our legal department has sent them a letter; we are not engaging in any partnership with this company."
Upon clicking CAJ's "track a flight," it claims one of its many benefits for private charter is its "affiliation" with FlightAware. That's news to Daniel Baker, founder and CEO of Houston, Texas-based FlightAware, who told CharterX he's never heard of CAJ.
"FlightAware has no affiliation whatsoever with this company," Baker said. "I'm stunned. I had no idea they were using our company's name--misspelled at that--and making all these claims about having a relationship with us. It's one thing to link to a company as an industry courtesy link; it's another thing to write all this stuff without our permission." FA's flight tracking services of both private and commercial air traffic in the U.S., free to the public, said its platform of flight arrival/departure algorithms is proprietary. Baker said he intends to have a letter sent to CAJ telling them to pull false information about his company from its website.
Cincinnati, Ohio-based Aviation Research Group /U.S. warns CAJ to stop using its name under the heading "safety." CAJ's website makes the claim that "all operators affiliated with CAJ are reviewed by ARG/US."
Joe Moeggenberg, founder and president of ARG/US, told CharterX, "We have absolutely nothing to do with this company; our legal department sent a letter to this company last week, warning it to remove all references about ARG/US from its website. I've received calls from concerned charter operators about CAJ's claims." He added that without permission, CAJ "copied and pasted information" from ARG/US' website.
CAJ's Claim To Eliminate The World Of Private Jet Charter Brokers
After being in business for a month or so, CAJ's claim that air charter brokers take up to four days to get back to a charter customer, only to tell them there is no aircraft available, is laughable at best. Maybe CAJ should reconsider its own operation and timely response to charter requests.
It's difficult to imagine that the British Royal Family would stop using UK-based Air Partner's exclusive, private jet travel service. Air Partner, which also has a strong U.S. presence, is a publicly traded company on the London Stock Exchange, and has been arranging private air charter for corporations, governments and individuals around the globe since 1961. The company has 210 aviation professionals located in 20 offices across four continents.
David McCown, vice president of marketing and business development of Air Partner, says, "We welcome companies that can truly bring value-added innovation to the air charter industry. Air Partner always stresses the importance of performing due diligence prior to doing business with any new company, which is applicable for the entire aviation industry."
It's also a stretch to imagine that CAJ could eliminate U.S.-based Air Royale International, established in 1994, with offices in New York, London, Hong Kong and Dubai--with clients such as CNN, Warner Brothers, Paramount Pictures and Fortune 500 companies.
"Reputable air charter brokers will always be in business; they have relationships with their customers as well as with air carriers; it's a team effort," says Wayne J. Rizzi, founder and CEO of Air Royale. "Air charter passengers want to deal with honest air charter brokers who have a proven track record of arranging safe, secure chartered flights. I know there are brokers out there that may not be what they claim to be, but I also know plenty who serve the aviation industry with integrity. This is a people business and it requires aviation expertise and customer follow-up."
Please email your feedback, news tips or press releases to CharterX news editor Karen@CharterX.com.
The CEO of CAJT will only call cypressknee???
Online Air Charter 'Broker' Connect-A-Jet Makes Wild Claims
13-Sep-2007
By Karen Di Piazza [CharterX Exclusive]
Texas-based Connect-A-Jet Inc., a Web-based air charter broker, says its new business is aimed "to eliminate the world of private jet charter brokers," and to provide the public with direct access to aircraft operators through one online portal--CAJ. Through numerous press releases and postings on its website, the company presents itself as the world's charter czar, professing it has affiliations with known companies for flight tracking services, aviation safety oversight, etc. CharterX has interviewed several companies named on CAJ's website or mentioned in press releases that disapprove of the broker's tactics.
CAJ Pink Sheets
CAJ says it will "single-handedly revolutionize the way the entire world travels by private aircraft." Martin Cantu, CEO of CAJ, stated in a press release, the "entire public" would have access "to every aircraft, within every fleet, of every charter company in the nation." On Aug. 23, CAJ announced it began trading under the symbol CAJT.PK (Pink Sheets). According to Investopedia, companies on the Pink Sheets are not required to meet minimum requirements or file with the U.S. Securities and Exchange Commission (SEC), which Congress created in order to regulate the securities markets and protect investors.
On Sept 4, CAJ started advertising its broker services on CNBC and in major newspapers, stating it received more than 250 charter requests. Each press release is followed by the company's alleged millions of dollars worth in aircraft inventory, and to accommodate the growing number of charter requests, now in the thousands, a significant number of charter representatives have been hired to handle the growing demand.
CharterX called Cantu several times for a response, but calls were not returned. Making every attempt to get through to this company, CharterX also called its reservation charter department; however, a recording said, "mailbox full, goodbye." CAJ's website does not provide anyone's name or company bio; Cantu's name was found on a press release.
CAJ's press releases provide contact information to its "investor relations," David Donlin. Several calls were made to Donlin, which CharterX discovered led to The Cervelle Group, LLC, in Altamonte Springs, Fla. A woman, only willing to give her first name, Jen, assured that Donlin would return calls within the hour; however, she declined to verify what Donlin's position was at TCG. After 16 hours passed, there was still no word from Donlin. TCG's website is absent of anyone's name or corporate bio; it states it handles financial relations counsel, public relations campaigns and other marketing services.
Where is CAJ getting its money, and what exactly do investors believe they're buying? Operators that CharterX talked to said CAJ's pitch is that operators are not charged to join; CAJ would make money selling charter flights receiving a commission.
CAJ's press releases promote that charter requests are real-time applications; within seconds, a customer can book a flight, pay and show up at the tarmac. As of going to press, the company's a real-time booking system doesn't exist; it's a manual, slow process. Its website says it plans to release its real-time booking platform in December. To test its current charter platform, this journalist requested an empty leg (a one-way flight) on a Gulfstream V, from Denver to Sacramento. An assuring email arrived saying a charter representative would be in contact--shortly. More than four hours went by; no one called. CAJ's press releases continue to state tremendous charter requests; however, the numbers of actual flights flown are not disclosed.
Aviation Companies Warn CAJ To Stop Putting Out False Claims
In another press release, CAJ said it launched its worldwide sales program, and began pre-contracting charter operators around the globe; it claimed it was negotiating an affiliate partnership with Scottsdale, Ariz.-based Aero Jet Services, LLC, a FAR Part 135 air carrier. On Sept.5, CAJ said Aero Jet joined its charter program, adding $40 million in aircraft inventory. Aero Jet President Mike Aaby told CharterX, "I have never had a conversation with Cantu and never gave CAJ permission to use Aero Jet's name in print. I'm sending a letter to this company telling them to stop using my name; we are not doing business with them."
After CAJ released a press release on Sept 6, stating it submitted a letter of intent to engage in a charter partnership with NetJets Inc., a Berkshire Hathaway company, Maryann Aarseth, vice president of corporate communications, told CharterX, "Our legal department has sent them a letter; we are not engaging in any partnership with this company."
Upon clicking CAJ's "track a flight," it claims one of its many benefits for private charter is its "affiliation" with FlightAware. That's news to Daniel Baker, founder and CEO of Houston, Texas-based FlightAware, who told CharterX he's never heard of CAJ.
"FlightAware has no affiliation whatsoever with this company," Baker said. "I'm stunned. I had no idea they were using our company's name--misspelled at that--and making all these claims about having a relationship with us. It's one thing to link to a company as an industry courtesy link; it's another thing to write all this stuff without our permission." FA's flight tracking services of both private and commercial air traffic in the U.S., free to the public, said its platform of flight arrival/departure algorithms is proprietary. Baker said he intends to have a letter sent to CAJ telling them to pull false information about his company from its website.
Cincinnati, Ohio-based Aviation Research Group /U.S. warns CAJ to stop using its name under the heading "safety." CAJ's website makes the claim that "all operators affiliated with CAJ are reviewed by ARG/US."
Joe Moeggenberg, founder and president of ARG/US, told CharterX, "We have absolutely nothing to do with this company; our legal department sent a letter to this company last week, warning it to remove all references about ARG/US from its website. I've received calls from concerned charter operators about CAJ's claims." He added that without permission, CAJ "copied and pasted information" from ARG/US' website.
CAJ's Claim To Eliminate The World Of Private Jet Charter Brokers
After being in business for a month or so, CAJ's claim that air charter brokers take up to four days to get back to a charter customer, only to tell them there is no aircraft available, is laughable at best. Maybe CAJ should reconsider its own operation and timely response to charter requests.
It's difficult to imagine that the British Royal Family would stop using UK-based Air Partner's exclusive, private jet travel service. Air Partner, which also has a strong U.S. presence, is a publicly traded company on the London Stock Exchange, and has been arranging private air charter for corporations, governments and individuals around the globe since 1961. The company has 210 aviation professionals located in 20 offices across four continents.
David McCown, vice president of marketing and business development of Air Partner, says, "We welcome companies that can truly bring value-added innovation to the air charter industry. Air Partner always stresses the importance of performing due diligence prior to doing business with any new company, which is applicable for the entire aviation industry."
It's also a stretch to imagine that CAJ could eliminate U.S.-based Air Royale International, established in 1994, with offices in New York, London, Hong Kong and Dubai--with clients such as CNN, Warner Brothers, Paramount Pictures and Fortune 500 companies.
"Reputable air charter brokers will always be in business; they have relationships with their customers as well as with air carriers; it's a team effort," says Wayne J. Rizzi, founder and CEO of Air Royale. "Air charter passengers want to deal with honest air charter brokers who have a proven track record of arranging safe, secure chartered flights. I know there are brokers out there that may not be what they claim to be, but I also know plenty who serve the aviation industry with integrity. This is a people business and it requires aviation expertise and customer follow-up."
Please email your feedback, news tips or press releases to CharterX news editor Karen@CharterX.com.
CharterX piece is available again (or still available) at http://www.charterx.com/resources/article.aspx?id=2946.
CAJT pr says it was retracted - I assume that meant it was taken off line.
hey do operate crew boats for the oil bus out of La.
Connect-A-Jet (CAJT) Announces: Kevin Jordan, Founder and Owner of Business Jet Enterprises and Business Jet Technologies, Appointed as Director of New Business Development of CAJT Advisory Board
Sep 24, 2007 6:30:00 AM
Copyright Business Wire 2007
AUSTIN, Texas--(BUSINESS WIRE)--
Connect-A-Jet.com, Inc. (PINK SHEETS: CAJT), an online innovator of private jet travel and charter, announced today that Kevin Jordan, owner of Bend, Oregon-based Business Jet Enterprises and Business Jet Technologies, has formally accepted and been appointed as Director of New Business Development for the CAJT Advisory Board.
Among his many responsibilities, Mr. Jordan will be primarily responsible for the development of new business relationships and partnerships within the charter industry. Additionally, Mr. Jordan will lead the CAJT Board of Advisors in their ongoing efforts to meet the challenges resulting from the tremendous growth of the company, utilizing his vast knowledge and experience of the industry. "Mr. Jordan's knowledge and experience in the industry is nationally recognized. With over 35 years of private aviation experience, the addition of Mr. Jordan to our Board of Advisors was a most monumental step in the progression of our organization. We are honored and excited to have him aboard our team and further forecast a highly successful future as a direct result of his credible track record within the industry," stated Martin Cantu, CEO of Connect-A-Jet.com, Inc.
ABOUT KEVIN JORDAN:
H. Kevin Jordan founded Business Jet Enterprises in 1993 with a goal of creating solutions to help owners and operators improve the operational efficiency and safety of their aircraft.
As president and owner, Mr. Jordan has been instrumental in developing solutions for the FAA mandated Reduced Minimum Vertical Separation (RVSM) requirements and the Terrain Avoidance Warning System (TAWS) for Gulfstream II and IIB aircraft.
Coordinating a team of engineers, Mr. Jordan obtained Supplemental Type Certificates (STCs) for his proprietary RVSM and TAWS solutions.
In addition, he is co-developer and marketer of the QTA Stage 3 Hush Kit System for Gulfstream II, IIB and III model aircraft which is designed to make these aircraft compliant with Stage 3 noise regulations worldwide.
Aviation Background
Mr. Jordan has more than 35 years experience in a variety of positions of increasing responsibility within the business and general aviation industry.
Most recently he was founder and partner of Business Jet Center, a full service Fixed Base Operation (FBO) that began operations in 1997. Over the next nine years he was instrumental in helping grow the Dallas based FBO from annual fuel sales of 900,000 gallons to more than five million gallons annually while competing as one of SEVEN fixed base operations at Dallas Love Field (DAL). During this time, Business Jet Center was consistently rated as one of the top five FBOs nationally.
This success formula was carried over to a second Business Jet Center location at Oakland International Airport (OAK) which became a top 20 nationally rated FBO in 2006.
Mr. Jordan was also the founder, president and co-owner of Business Jet Services, Ltd, an aviation management company controlling assets of nearly $100 million. The Company specialized in personalized, high quality and safety oriented aircraft management, maintenance, and charter services. Mr. Jordan was responsible for obtaining an FAA Part 145 Repair Station Certificate and an FAA Part 135 Certificate while growing the company fleet from two to 28 turbine aircraft and annual revenue of $20 million.
Additionally, Mr. Jordan's solely owned company, Business Jet Enterprises, has sold a wide variety of turbine powered business aircraft totaling over $270 Million Dollars.
Pilot Experience, Organizations and Awards
Mr. Jordan holds an Airline Transport Pilot (ATP) rating, has four jet type ratings and has logged more than 8,000 flight hours. He also has an FAA Airframe and Powerplant (A&P) license.
In addition he has served as a flight department manager and a chief pilot for two corporate flight departments.
Mr. Jordan is an active member of the Aircraft Owners and Pilots Association (AOPA) and the National Business Aviation Association (NBAA) and has been awarded the NBAA's coveted "Million Mile" safety award for operating aircraft in the conduct of business in excess of one million miles without an accident or incident.
ABOUT CONNECT-A-JET
For the first time in aviation history, CAJT intends to unite all existing worldwide charter operators in the United States to operate under one efficient, real-time, online booking system. Customers across the globe will be able to book charter on every private aircraft in flight which meets their particular travel criteria. CAJT will also coordinate all ground transportation, in-flight catering, and will provide real-time flight tracking 24 hours for passengers convenience.
To learn more about Connect-A-Jet or book a charter flight, please visit: www.connectajet.com
Disclaimer:
CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
The real-time booking system described in this press release has not been implemented to the CAJT website at the time of writing. It is the intention of CAJT to implement this technology at its earliest possible opportunity based upon successful testing. This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.
Source: Connect-A-Jet.com, Inc.
----------------------------------------------
Connect-A-Jet.com
Investor Relations:
David Donlin
407-475-9966
Hi All!!
Seems our chat board is dying as CAJT maybe also. This weeks trading PPS, and volume all down as promotion and press releases from CAJT keep promoting on CNBC, Etc.
I have never sold short on any stock, but think is good Ideah on this one. I think will be in SUB PENNEYS price per share within 6 months.
Any thoughts on!! Share with board. Thanks.
Newtrader
Impossible.
" The aforementioned international charter flight will begin its first leg Friday, September 20, 2007."
No such date.
Cypressknee, Come tell us what DD you did on this stock and your results!!!!!!
unlike NASDAQ or the NYSE, there are only minimal listing requirements for a stock to remain on the OTCBB, namely that they make their filings with the SEC on time. In fact, companies that fail to meet minimum standards on one of the broader exchanges and are delisted often relist on the OTCBB or the Pink Sheets.
Furthermore, stocks trading on the Pink Sheets (recognizable with a .PK suffix) have little to no regulatory or listing requirements whatsoever, at least compared to major markets. There are no minimum accounting standards, change in notification of ownership of shares, and reported other material changes affecting the financial viability of a company, all of which are designed to protect shareholders.
Did you do your DD? Here is an example of a suspended pink sheet:
SSTY.PK Note=trading temporarily suspended by the SEC pursuant to Section 12(k) of the Securities Exchange Act of 1934 from 9:30AM on 8-3-05 through 11:59PM on 8-16-05
Price of SSTY.PK now is .0002
Now, here is an example of a pink sheet with an actuall product and service:
ASHEVILLE, NC--(MARKET WIRE)--Sep 6, 2007 -- Homeland Integrated Security Systems, Inc. (Other OTC:HISC.PK - News) announced today that its patent pending Cyber Tracker has been approved to run on the T-Mobile network. Recently, the company had announced that its Cyber Tracker had passed the AT&T Wireless Solutions Certification.
"Adding T-Mobile as an additional network is very important to us," stated Fred Wicks, CEO and President of Homeland Security Systems, Inc. "This allows us to expand the GSM version to a larger base of customers in the United States."
Price of HISC.PK is .0001
Bottom line: This could be the price of CAJT due to manipulation. A pink sheet can be suspended! And even if it is not suspended, the price could go so low as to wipe out your entire investment!
Cypressknee & all Penny stock investors!
They don't suspend a penny stock. Pinksheets warns you about this stock on their website. How can you say you did your DD?????
High-Risk Investments
Many new investors are lured to the appeal of penny stocks due to the low price and potential for rapid growth which may be as high as several hundred dollars in a few days. Similarly, severe loss can occur and many penny stocks lose all of their value in the long term. Accordingly, the SEC warns that penny stocks are high risk investments and new investors should be aware of the risks involved. These risks include limited liquidity, lack of financial reporting, and fraud.
Since a penny stock has fewer shareholders, it is less 'liquid', meaning it will not trade as many shares per day as a larger company. Any sudden change in demand or supply of stock can lead to a lot of volatility in the stock price. This lack of liquidity can send a stock price soaring up quickly or crashing down quickly. Lack of liquidity and volatility also makes penny stocks much more vulnerable to manipulation by management, market makers, or third parties. A lack of liquidity can also make it extremely difficult to sell a stock, particularly if there are no buyers that day. This can also make the stocks extremely difficult to short.
Secondly, unlike NASDAQ or the NYSE, there are only minimal listing requirements for a stock to remain on the OTCBB, namely that they make their filings with the SEC on time. In fact, companies that fail to meet minimum standards on one of the broader exchanges and are delisted often relist on the OTCBB or the Pink Sheets.
Furthermore, stocks trading on the Pink Sheets (recognizable with a .PK suffix) have little to no regulatory or listing requirements whatsoever, at least compared to major markets. There are no minimum accounting standards, change in notification of ownership of shares, and reported other material changes affecting the financial viability of a company, all of which are designed to protect shareholders.
The SEC notes most the same about Internet message boards, where fraudsters claiming to be unbiased investors who've carefully done their due diligence may in fact be company insiders, and that a single person or a small team can create the appearance of a huge interest in a stock simply by creating a huge number of aliases, while banning the most vocal or perceptive critics of these offerings.
Penny Stock Fraud
Main article: Microcap stock fraud
The reason for all this relentless promotion of penny stocks is because of the profits to be made through illegal pump and dump schemes. The SEC explains how it works:
"A company's web site may feature a glowing press release about its financial health or some new product or innovation. Newsletters that purport to offer unbiased recommendations may suddenly tout the company as the latest "hot" stock. Messages in chat rooms and bulletin board postings may urge you to buy the stock quickly or to sell before the price goes down. Or you may even hear the company mentioned by a radio or TV analyst. Unwitting investors then purchase the stock in droves, creating high demand and pumping up the price. But when the fraudsters behind the scheme sell their shares at the peak and stop hyping the stock, the price plummets, and investors lose their money. Fraudsters frequently use this ploy with small, thinly traded companies because it's easier to manipulate a stock when there's little or no information available about the company."
There are all sorts of variations of the classic pump and dump, from short-and-distort to selling chop stocks — the last being a scam in which shares are acquired for pennies under Regulation S and then illegally sold to overseas or domestic retail investors. Other features of the typical penny stock scam include spam e-mails and junk faxes that tout ludicrous and fraudulent claims, crooked newsletter writers who promote a stock for a fee, message boards swarming with "buy now!!!" postings about a stock from anonymous, paid posters, fake or misleading press releases issued by the company, or boiler rooms full of cold-callers targeting naive, elderly, or foreign buyers all in attempt to drive up the share price while the insiders sell.
A more recent outbreak of penny stock fraud is far more brazen, and is based mostly overseas. Organized crime gangs in Eastern Europe and Asia will acquire a large number of shares of a moribund penny stock. Then, using passwords and logins to electronic brokerages, such as E*Trade, stolen at public computer terminals in hotels and elsewhere, they will then use the hijacked customer accounts to buy up shares, while at the same time selling their own shares, draining the customer accounts and leaving their victims holding thousands of shares of worthless penny stocks.
While not all stocks listed on the Pink Sheets or the OTCBB are fraudulent, one Business Week article estimated that chop stocks alone "make up perhaps half the 85 million-share daily volume of the OTC Bulletin Board."
Internet spams
Almost any Internet user [citation needed] with an e-mail address will have been exposed to penny stock promotions through e-mail spam. Approximately fifty-five billion unsolicited "spam" e-mail messages are sent each day, a significant proportion of which tout penny stocks, usually as part of a pump and dump scheme. According to a study conducted at Oxford, 15% of all spam was related to penny stock fraud. According to the study, "People who respond to the "pump and dump" scam can lose 8% of their investment in two days. Conversely, the spammers who buy low-priced stock before sending the e-mails, typically see a return of between 4.9% and 6% when they sell."
Flatsixer.
From your background in private charter jet industry. Do you have any input on what an affiliate or agent makes for setting up a reservation. Same as travel agants booking flights with airlines. Appreciate any infor you may have. Thanks
Newtrader
Morning Zoofire
Another press release by CAJT this AM, Yes another rabbit pulled from the hat of the promotion team, Their Good!! But tricks are seeming to impress the investment crowd less. This is reflected by stock price today.
Heading this morning from press release.
CAJT CONVERTS CHARTER REQUEST INTO REVENUE GENERATING FLIGHTS AS IT BOOKS OVER 600K IN CHARTERED FLIGHTS.
I have no doubt maybe they did book 600k in flight revenues, But this isnt CAJT revenues, as an agent or affiliate to private jet charter companies. Im not versed in this area of affiliate or agent fees, I would guess between 1 to 3% at most. Just a guess!
I would much rather CAJT just posted their revenue for sept in exact dollar amounts. But again doesnt seem to be their style in press releases.
Good Luck To All
Newtrader
BEWARE this is still vapor ware: NO system in place:
CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
The real-time booking system described in this press release has not been implemented to the CAJT website at the time of writing. It is the intention of CAJT to implement this technology at its earliest possible opportunity based upon successful testing. This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.
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