Global Crossing Airlines Group Inc N.JET

Under 2 bucks

[sbbb2x2]

What happened yesterday? No news, yet down we go!
Did someoneleak something negative?

[Talkn2John]

  the only news is about jetlines......

[WP1980]

This is the GlobalX CEO. There is no negative news. Tabletop scenarios are in process with the FAA. Aircraft conformity is complete and positive. Second aircraft is here- a $30 million asset. Lessors only deliver aircraft to airlines that are doing well in my experience. Evac demo later ths week and proving run fights are scheduled. We announced today how we will spin out Jetlines and monetize

[eunice12]

Why bother answering an idiot like TlakingJ? He thinks every trade sb the same price month after month, except on days when news comes out.

[Talkn2John]

did I say something wrong? I just mentioned that there was news out. Never said it was negative.  

[WP1980]

we have shareholders calling us and saying that spinning out jetlines will hurt the stock price because then GlobalX doersnt have the Jetlines assets. GlobalX cannot start and run a Canadian airline- we are a US airline. The way we MAXMIZE GlobalX shareholder value is exactly how we did it with the Jetlines assets- the manuals and the name- spun out into a separate company - and that separate

[Milkman75]

Hi WP1980, I'm new to stockhouse and a shareholder of JET.  I can't tell if this is good news or bad news. Give the state of affairs for CDN airline companies and Covid, I cannot see how they will get funded through all of this.

[PrairieOil]

I havent been on here in a long time but felt like I needed to sign in here to deal with the mis and simply lack of information being spread on stockhouse about GlobalX.  GlobalX board have already stated they have been contacted by many of investors about funding the spinco which is why this is happening.  It didnt happen before with Canada Jetlines due to many factors but lack of

[Milkman75]

We actually get 1 JET for every 2 Global EX.  "Each shareholder of GlobalX, as of the record date for the Transaction ("Record Date"), will receive one share of Jetlines for every two shares of GlobalX held on the Record Date. "

[PrairieOil]

Clerical error on my part but you get the point.

[WP1980]

We have an incredible amount of interest in funding the launch of Jetlines from somevery large instituional investors- remember we have no debt at jetlines incurred because of the pandemic- we have no voucher issue where the Canadian airlines have to fly off hundreds of millions of vouchers issued from pandemic cancelled flights in lieu of cash- we have a new busines environment where aircraft are

[eunice12]

Sorry Talkn. I mixed your name with sbbb2x2 who started this silly thread.