Replies to post #26218 on Priority Aviation Inc (PJET)

[Optionstrdr]

Same owners as PURA, KALY, and WCVC...That's why the same angry trolls like Huggy and Willy are here crying. Short squeeze coming!

[alexbh2285]

Not "FULLY FUNDED" other than a food truck pilot. There is no $3MM in revenue from the merger. The $3MM is the stated revenues (and not profits nor cash) of Illegal Burger which is owned by WCVC which has a partnership with AmeriCanna. These revenues do not flow to AmeriCanna (PJET) just because they have a food truck pilot planned as PJET shareholders will not have any ownership of the existing WCVC restaurants - they are just doing a food truck pilot together. Also despite having revenues there are no profits at WCVC/Illegal Burger. In fact, WCVC had almost $3MM in revenues but net income of NEGATIVE $600K for 2017 and negative earnings of about negative $2MM in the first 9 months of 2018 (with a negative cash flow from operations of almost $500K for that period) when they listed assets of less than $500K (and no cash) relative to liabilities of $2.8MM. It's a huge leap to call it a fully funded business plan. What do you mean by fully funded? AmeriCanna is a "concept" restaurant business subsidiary. Do you mean that they have the funds to run a food truck pilot with Illegal Burger for some unspecified period of time (as that is the only plan with Illegal Burger that has been mentioned)?