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Wouldya looky there! Wonder if ford or any other big name car manufactures do that too ;)
Rag$
Great day after Friday's consolidation.
Looking for a steady climb back to our highs last week!
News drops and all bets are off! We will hit blue skies quick imo
Rag&
Another great post sir!
Time is running out to get these cheapies!
My boats loaded!
Rag$
Really enjoyed watching those 8's go away quickly!
Hopefully this gets out of the trips this week!
Rag$
Big news out today!
Nice red to green action today!
This will head up this week imo
Rag$
They will be here any day IMO..
Along with attorney letter!
Then ticker change!
Rag$
Bid is building...
Just a matter of time here imo!
Rag$
HEre we go!
http://www.starjetsintl.com/
News section
Sitomer, who sells jet cards and on-demand charter, is planning a reverse merger for his new vehicle, Star Jets International, LLC
Blue Star Jets founder is planning his next chapter in private aviation. After rising to notoriety by borrowing the name of his former company from the movie Wall Street and building it into a leading private jet charter broker, he exited after combining it with another brokerage, Apollo Jets. He followed it up last year by launching Star Jets International, LCC, offering both on-demand charter and jet cards. Yesterday came the big news.
A press release came across the wires stating, “Advanced Defense Technologies, Inc. (OTC PINK: ADCF) is pleased to announce that it has signed a letter of intent (the “LOI”) to acquire Star Jets International, LLC, a leading provider of private jets booking, brokerage and software solutions. Under the terms of the LOI, shareholders of ADCF will retain approximately 10% ownership and the new shareholders will own approximately 90% of the equity. The parties anticipate executing a definitive agreement within the next 30 days and closing within 45 days after certain filings are made with the U.S. Securities and Exchange Commission and/or FINRA.”
In other words, it was a reverse merger with Sitomer and Star Jets International set to take the majority stake in the new venture. It turns out the new company will be Sitomer’s platform for a roll up more private aviation brokers. In an email exchange with Private Jet Card Comparisons, he says the goal is to build sales of $100 million to $200 million via acquisitions with an initial public offering (IPO) at some point after that. The new entity will be used to raise money.
Sitomer says his target will be “corporate America and wealthy families…no seat business. (Seat business is an) unsustainable business model.” Various seat business models are being trialed by JetSmarter, JetSuiteX and SurfAir.
If Star Jets is successful and does make it to the markets, it will provide an interesting window into the private jet brokerage business. Air Partner PLC is one of the few publicly traded pure private aviation businesses, however, the brokerage is only a portion of its total revenues. NetJets, Delta Private Jets and Jet Aviation are all subsidiaries of publicly traded entities and don’t publish detailed financial data on the brokerage part of their businesses. Players like Wheels Up, XOJET and Sentient Jet are all privately held. Sitomer says his plan is to focus purely on brokerage, including jet cards.
Thanks for pointing that out!
Was there any doubt of this?
Tesla being in China already is huge for DOLV! That means there is no doubt they have knowledge of our technology!
If they start using our tech in their cars the PPS evaluation of $5-$10 wont even be a speed bump on our way to $20+
Rag$
http://www.globenewswire.com/NewsRoom/AttachmentNg/b7d685e6-85f1-4393-a336-7850f2605627
Great news!
Big run coming!
Rag$
I am with you there!
Bargain basement pricing now imo!
Slap now or chase later!
We wont be trading at these levels much longer!
Rag$
This is ready to run imo!
Lots of churning at these levels the last 4-5 trading sessions!
Launch pad is built!
Rag$
This is nice...
BUT, IMO this is just a rain drop in comparison to the storm that is coming brother!
$$VILLE
Rag$
Love the slaps!
Will leave trips again soon imo!
Rag$
Exactly TB!
Lawyers are expensive too, our company is getting things done!
You keep referencing old news..
Everyone here knows the old management was dirty...
Nowhere is he linked to JBMY
I took advantage as well!
Hoping to see a PR in the very near future!
Gladly
little red today from a lot of green yesterday..
perfect consolidation here..
CEO has dropped a pr for his other company, just waiting for ours now!
Rag$
Great place for em Crude!
Bring em out next week and charge a premium for them!
Rag$
Lets see if she will test 001 today!
Def thin enough to make it!
Rag$
This launch pad that is forming from higher highs is gonna be stronger than ever IMO!
Once this gains traction we are gonna FLY!
Rag$
Always! I'm in love grande! In love with my DOLV! Gonna be more in love with my new ranch and swimming pool next year, all thanks to this loyal beauty!
Rag$
Just couldn't resist on the dip...
NEWS coming soon IMO
Rag$
WEEEEEEEEEEEEEEEEEEEEEE & BOOOOOOOOOOOOOOOOOOOOM & HAHAHAHAHHAHA
Couldn't agree more Bud!
Massive!
Kung Fu Grip SON!
Rag$
Add hotel franchises to the mix for their shuttles as well Jym!
Rag$
Good morning Ken!
That is a pretty dang good lookin ride!
Rag$
It happened here! https://investorshub.advfn.com/Reverse-Mergers-7308/
Ours will be at the top of this list imo!
Rag$
Think people are waiting on trips...
They are gone IMO
Rag$
one of the 911 trades and one of the 777 trades were to the 5th decimal..Retail can't trade to the 5th decimal...
Could still be games but it was a MM making 2 of those trades.. One of the 911 trades from yesterday was also to the 5th decimal
Rag$
The date on that article is still the same bud..
7 Years is a awful long time ago...
They are obviously making moves in the right direction to become current and getting old filings caught up..
PR by EOW IMO
Rag$
I personally have changed a lot over the last 7 years...
The market isn't agreeing with you either...
Rag$
You want us to read a 7 year old article?
Why?