I get perverse joy out of companies like Connect-A-Jet being stopped in thier tracks. After seeing thier ads pumping thier penny stock I tried calling thier office and using thier website. The website didnt function properly basically not allowing a form submission and my calls were not returned. It’s companies like Connect-A-Jet that give a bad name to some in this industry. I am quite happy they were stopped. Now back to honest business. – Ben
Source: AIN Aviation International News Business Jet Traveler www.ainonline.com
The Securities & Exchange Commission (SEC) has suspended the trading of Connect-A-Jet securities until October 12, due to alleged “deceptive practices” and “inaccurate assertions by Connect-A-Jet.” Paul Montoya, SEC regional director for the division of enforcement, told AIN he could not comment on the specific allegations, but explained that the SEC institutes a 10-day suspension when questions arise regarding a company’s assets, operations or financial information. Furthermore, the SEC will not comment publicly following the suspension because “the company may still have serious legal problems,” and further investigation might be needed. CEO Martin Cantu has been promoting the company with full-page ads in USA Today and TV spots on CNBC for the past month, with claims to “eliminate the world of private jet charter brokers.” Subsequent press releases claim affiliation with companies such as ARG/US, Executive Jet Management (the charter arm of NetJets) and FlightAware. All three companies deny having any association with Connect-A-Jet.
Tags: connect-a-jet, connectajet, honest private jet charter, penny stock, private jet, private jet charter, private jet charter broker, SEC
August 28, 2008 at 6:04 am |
well this is useful… (at least for me)
very thanks
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