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Tuesday, October 19, 2021 12:12:43 PM
Priority Aviation, Inc is another OTC stock trading at the highest level in many years. PJET has surged by 174% since mid-September to trade at $0.027. We drew attention to PJET at the end of September when the price was fluctuating near $0.017.
On Thursday, the company said that it had redirected its business operations and plans to announce the new business direction next week. It will provide details on the work that has been underway for the last year on building the new business. The new business direction announcement is scheduled for Thursday, October 21, 2021.
The company’s name stems from the previous jet leasing business. Subsequently, the company acquired a cannabis business but never reached critical mass.
Recently, the majority shareholder of PJET, ACI Conglomerated, has decided on a new business direction outside the cannabis industry. ACI is also the majority shareholder of North American Cannabis Holdings, Inc. (OTCPK: USMJ) and Puration, Inc (OTCPK: PURA). With two businesses already in the cannabis marketplace, ACI is diversifying with PJET.
PJET said:
“The company is developing a technology solution to serve a global and underserved marketplace. The company is also in discussions to acquire a physical asset that will be used to test, refine, and demonstrate the technology currently under development while generating revenue at the same time.”
PJET got the Pink Current status, has a new website, and is ready to adopt a new business that will surely add value to its $20 million cap, so we’re very bullish at this point. PJET is a discount entry opportunity at these levels.
https://insiderfinancial.com/4-otc-stocks-on-the-rise-alpp-apty-pjet-segi/182584/
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