Priority Aviation Inc (OTCMKTS: PJET) recently announced that it had published a new site in collaboration with an ongoing project to help redirect the company’s business focus. Priority Aviation’s name comes from previous jet leasing business. Subsequently, PJET acquired a marijuana company. However, it was never able to turn the newly acquired company into a sustainable cannabis business.
Recently, ACI Conglomerate, PJET’s majority shareholder, has decided to develop a new business focus outside the cannabis space. ACI Conglomerated is also a majority shareholder at Puration Inc and North American Cannabis Holdings. ACI is using PJET to diversify, seeing as how they now have two businesses in the marijuana space.
Priority Aviation Inc has recently updated its requisite OTC Markets disclosures to re-establish its current data status. In addition, the company will publish new information on its recently launched website. The company is also developing a tech option that can serve both an under-served and global marketplace. It also wants to buy physical assets that’ll be used to demonstrate, refine and test the technology solutions the company is currently developing.
Market Reaction:
On Tuesday, BBBT stock gained 3% at $0.0175 with more than 8.49 million shares, compared to its average volume of 3.11 million shares. The stock has moved within a range of $0.0167 – 0.0229 after opening the trade at $0.0190.
