NEW YORK, Oct. 18, 2017 (GLOBE NEWSWIRE) -- Star Jets International, LLC (www.starjetsintl.com), a wholly-owned subsidiary of Advanced Defense Technologies, Inc. (OTC:ADCF) announces that it has made arrangements to now accept Bitcoin as a payment mechanism for its private jet services.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/f50700c4-ae77-4b96-93bb-2efc072a924b
“Bitcoin is becoming an increasingly accepted method of payment and we want our customers to have the flexibility to pay via that medium of exchange,” said Ricky Sitomer, CEO of Star Jets.
Star Jets also announced that it is taking steps to both remove the “Stop Sign” on its stock and to change the name of its parent company to Star Jets International, Inc. Those steps require the filing of certain information with otcmarkets.com and compliance with applicable FINRA rules, State law, and SEC regulations.
“We hope to have the ‘Stop Sign’ removed and the name changed as soon as possible once all regulatory steps are taken,” said Mr. Sitomer.
For further information, please contact Ron Zaka, Star Jets International, LLC, 516-423-2989.
About Star Jets International:
Star Jets recently completed a transaction with Advanced Defense Technologies, Inc. pursuant to which Star Jets shareholders became the majority shareholders of ADCF. Star Jets is a leading provider of private jets booking, brokerage and software solutions, www.starjetsintl.com.
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.