PJET SHBO APP Promotes Village Commons Solution For Small Universities Impacted By COVID
April 13 2022 - 8:00AM
InvestorsHub NewsWire
Dallas, TX -- April 13, 2022 --
InvestorsHub NewsWire -- Priority Aviation, Inc. (USOTC:
PJET) (“PJET”) plans to introduce its Student Housing By Owner
(SHBO) Application (APP) later this month. PJET management
explains its SHBO APP as the VRBO or Airbnb for student
housing.
Forbes
reports: “About a third of the
nation’s approximately 4,500 private nonprofit and for-profit
institutions have student bodies of 1,500 students or fewer. Of
these, roughly half, or 750, are experiencing financial pressures
because of bond indebtedness, according to a recently released
report by Moody’s Investors
Services.”
The COVID-19 pandemic has fueled
enrollment drops further impacting smaller universities already
struggling to compete.
Robert L. Fried
and Eli Kramer, higher education researchers participating as
professionals within universities, suggest a “village
commons” approach where smaller universities engage with the
local community to integrate and facilitate higher learning
pathways.
PJET plans to publish a shareholder update
in conjunction with the upcoming 2021 annual report. The 2021
annual report is expected this week and the update will follow
shortly thereafter.
The update will serve as a progress report
and update to the company’s 2022
strategic overview presentation published in January this year introducing
the soon to be launched Student Housing By Owner (SHBO) Application
(APP).
The update will include a management
explanation of how the APP can promote, serve and enhance the
“village commons” approach for smaller
universities.
The update will also include details on
PJET’s expanding partnership with Alternet Systems, Inc (USOTC:
ALYI). ALYI has recently announced the company is
expanding its electric motorcycle pilot program with PJET for
college campuses to include electric scooters and E-bikes.
The E-bike market is expected to surpass $52 billion by
2028.
Company Website – www.pjet-info.com
Disclaimer/Safe Harbor: This news release
contains forward-looking statements within the meaning of the
Securities Litigation Reform Act. The statements reflect the
Company's current views with respect to future events that involve
risks and uncertainties. Among others, these risks include the
expectation that any of the companies mentioned herein will achieve
significant sales, the failure to meet schedule or performance
requirements of the companies' contracts, the companies' liquidity
position, the companies' ability to obtain new contracts, the
emergence of competitors with greater financial resources and the
impact of competitive pricing. In the light of these uncertainties,
the forward-looking events referred to in this release might not
occur.
Contact:
Steven
Rash
Info@pjet-info.com
+1 (800)
861-1350
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