Star Jets International Inc (JETR)

[splintered sunlight]

I usually never read or look at financial statements except for the float.

I rely more on experience, my gut and how the stock acts when trading the cheapies.

I did take a look though.

For me with a OTCBB/PINK I have huge skepticism about these reports and that includes the float info.

First off, in 13 years, they were at least 4 different companies - never a good thing.

What does stock for stock Acquisition mean?

Do you have any idea what the terms are for the Preferred Shares?

I cannot figure out the issuance of the common shares but I am not well versed in this.

What I can figure out is the stock performance. Current price is .10.

1 year high .59 on 5/28/20.
2 year high .84 on 10/2/18.
5 year high 1.87 on 10/48/17.
10 year high 260 on 11/17/10.

That is, if my research is correct.

The sellers has been furious and according to other posters a lot of it has been short selling. Why wold they be shorting so heavily and when will they cover. When they do, that's a good place to get in. Are they still shorting?

I am going to take your word that there hasn't been any BS selling to dilutions MMs or promotors.

I just feel based on the action in the stock that there will be soon.

As far as on the way up, I have no idea what the selling pressure will be. Hopefully none.

I did take note of the price paid for the restricted shares. Can they change the terms when the restrictions come off?

I am long JETR and want nothing but the price of the stock to go up. Apparently there are sellers who don't and obviously till they stop selling, it will not go higher.

I will start buying in earnest if it gets to a nickel though, simply based on risk/reward.