ADCF > up 354% @ .015 > news > Star Jets International Announces Its Acceptance of Bitcoin and Plans to Remove "Stop Sign" and Change Public Company Name 2 hours 4 minutes ago - DJNF
Star Jets International Announces Its Acceptance of Bitcoin and Plans to Remove "Stop Sign" and Change Public Company Name NEW YORK, Oct. 18, 2017 (GLOBE NEWSWIRE) -- Star Jets International, LLC (www.starjetsintl.com), a wholly-owned subsidiary of Advanced Defense Technologies, Inc. (OTC:ADCF) announces that it has made arrangements to now accept Bitcoin as a payment mechanism for its private jet services.
"Bitcoin is becoming an increasingly accepted method of payment and we want our customers to have the flexibility to pay via that medium of exchange," said Ricky Sitomer, CEO of Star Jets.
Star Jets also announced that it is taking steps to both remove the "Stop Sign" on its stock and to change the name of its parent company to
Star Jets International, Inc. Those steps require the filing of certain information with otcmarkets.com and compliance with applicable FINRA rules, State law, and SEC regulations.
"We hope to have the 'Stop Sign' removed and the name changed as soon as possible once all regulatory steps are taken," said Mr. Sitomer.
For further information, please contact Ron Zaka, Star Jets International, LLC, 516-423-2989.
About Star Jets International:
Star Jets recently completed a transaction with Advanced Defense Technologies, Inc. pursuant to which Star Jets shareholders became the
majority shareholders of ADCF. Star Jets is a leading provider of private jets booking, brokerage and software solutions, www.starjetsintl.com.
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