PJET is a technology company developing applications designed to enhance university student life. The central application connects the local university community with students by facilitating the advertisement by property owners of real estate available for student rental.
The update from CEO
Dear Shareholders:
PJET’s entry into the student housing market might just be serendipitously timed perfectly.
Inflation and rising interest rates could send students and property owners looking for the type of solutions PJET’s Student Housing By Owner APP (SHBO) has to offer.
SHBO is designed to connect property owners in the local university community with students. Property owners can generate income from an extra room or an investment property by renting to local students. Students can find more affordable housing and even more appealing housing then usually available on the student housing market.
Student housing is already in short supply and inflationary pressure can drive student housing prices even higher. SHBO can provide an alternative.
Property owners facing increased interest rates may find the constrained student housing market a more attractive option.
Just yesterday,
The
PJET plans to introduce its Student Housing By Owner (SHBO) Application (App) later this month.
Our SHBO App is the VRBO or Airbnb of student housing and we plan to expand the App to become an Amazon like App, but with a social conscience.
I encourage all interested in learning more about PJET’s SHBO foundation and plans for expanding its reach into the student life market to review our strategic overview published in January:
PJET Introduces Student Housing App As 1st
Expanding upon our strategic plan published in January …
If you are familiar with PJET, you know PJET is majority controlled by ACI Conglomerated which also controls
Earlier today in a shareholder update of its own,
The overall stock market currently reflects the uncertainty generated by inflationary concerns and the war in Ukraine. Since the beginning of 2022, the S&P, Dow and Nasdaq have all seen prices well below 50 and 200 day moving averages. PJET has not escaped the impact of uncertainty on the overall market.
To date, neither inflation nor the war in
All of us here working on PJET will continue on our planned course of development. I am confident that the prevailing market uncertainty will eventually regain a positive outlook and that PJET’s intervening progress will correspondingly be recognized in the light of such a future positive outlook.
Sincerely,
CEO PJET
Company Website – www.pjet-info.com
Contact:
Info@pjet-info.com
+1 (800) 861-1350
Source:
2022 GlobeNewswire, Inc., source