Jet Token, Inc offering is now closed and is no longer accepting investments.
INVEST IN JET TOKEN, INC TODAY!
Private Aviation Platform
$9,887,755.50 Raised
ABOUT
HEADQUARTERS
10845 Griffith Peak Dr Suite 200
Las Vegas, NV 89135
WEBSITE
View Site
Jet Token is a private jet membership and booking platform for the ultra-modern age of aviation. For the first time, you will be able to use one app to book a private jet, a commercial airline ticket or both, all on the same itinerary. To support our app and membership program, we plan to lease a small fleet of HondaJets for membership and charter service in the Western US.
TEAM
Mike Winston, CFA
Founder and Executive Chairman
George Murnane
Chief Executive Officer
Ehud Talmor
Instructor Pilot & Advisor
Bryan M. Eagle III
Advisor
Brenda Paauwe-Navori
Advisor
Aaron Cohen
Advisor
Lt. Col. Ran David
Advisor
TERMS
Jet Token, Inc
Overview
PRICE PER SHARE
$0.30
DEADLINE
Jan 1, 2021
VALUATION
$36M
AMOUNT RAISED
$9,887,755.50
Breakdown
MIN INVESTMENT
$99
MAX INVESTMENT
$1,999,999.80
MIN NUMBER OF SHARES OFFERED
330
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
[SECURITY NAME]
MAX NUMBER OF SHARES OFFERED
33,333,333
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Jet Token, Inc. |
Corporate Address | : | 10845 Griffith Peak Dr Suite 200, Las Vegas, NV 89135 |
Offering Minimum | : | $99.00 |
Offering Maximum | : | $9,999,999.90 |
Minimum Investment Amount(per investor) | : | $99.00 |
Terms
Offering Type | : | Equity |
Security Name | : | [SECURITY NAME] |
Minimum Number of Shares Offered | : | 330 |
Maximum Number of Shares Offered | : | 33,333,333 |
Price per Share | : | $0.30 |
Pre-Money Valuation | : | $[PRE-MONEY VALUATION] |
PRESS
Ridesharing With Airplanes, on Blockchain: Mike Winston of Private Jet Coin Explains
So, your cryptocurrency bag hasn’t 'mooned' enough to afford your own private jet yet? Private Jet Coin chairman Mike Winston says there are other options, and you could book them using a blockchain-based platform. His company took third in CoinAgenda USA 2018’s most promising startup competition.
ALL UPDATES
05.15.21
New 75c/share Campaign Open for Reservations
Click HERE to reserve your shares!
(Image of one of the aircraft we intend to acquire)
Click HERE to reserve your shares!
For more information you can always reach a live US based representative 24/7 at 1-800-602-5678 option 3 or visit https://www.jettoken.com/investors.
Are you missing a perk? If so please email alex@jettoken.com for same day assistance.
In the meantime, be sure to check out the new apps in the iOS and Android stores, respectively, and to follow us on Facebook and Youtube. Thank you for your interest in Jet Token, we appreciate you!
RESERVING SECURITIES IS SIMPLY AN INDICATION OF INTEREST. This prospective investment would be speculative, illiquid, and would involve a high degree of risk, including the possible loss of your entire proposed investment. We are "testing the waters" but are not under any obligation to make an offering under Regulation A. No money or other consideration is being solicited, and if sent in response, it will not be accepted. No sale of securities will be made or commitment to purchase accepted until qualification of the offering statement by the SEC. Any indication of interest is non-binding and involves no obligation or commitment of any kind. No offer to buy securities can be accepted and no part of the purchase price can be received without an Offering Statement that has been qualified by the SEC. A copy of the preliminary offering circular that forms a part of the offering statement may be obtained at www.jettoken.com/oc.
05.12.21
New 75c/share Campaign Open for Reservations
Visit https://www.startengine.com/jettoken to reserve your shares!
(Image of one of the aircraft we intend to acquire)
For more information you can always reach a live US based representative 24/7 at 1-800-602-5678 option 3 or visit https://www.jettoken.com/investors.
Are you missing a perk? If so please email alex@jettoken.com for same day assistance.
In the meantime, be sure to check out the new apps in the iOS and Android stores, respectively, and to follow us on Facebook and Youtube. Thank you for your interest in Jet Token, we appreciate you!
RESERVING SECURITIES IS SIMPLY AN INDICATION OF INTEREST. This prospective investment would be speculative, illiquid, and would involve a high degree of risk, including the possible loss of your entire proposed investment.
04.22.21
Sneak Preview! An update from Jet Token Powered by HondaJet
The campaign has closed and we expect to open a new one soon right here on StartEngine! Follow this link for a sneak preview https://www.jettoken.com/oc of the new campaign and for a sneak peek (just a peek!) of our first jet please see below!
(Image of one of the aircraft we intend to acquire)
For more information you can always reach a live US based representative 24/7 at 1-800-602-5678 option 3 or visit https://www.jettoken.com/investors.
Are you missing a perk? If so please email alex@jettoken.com for same day assistance.
In the meantime, be sure to check out the new apps in the iOS and Android stores, respectively, and to follow us on Facebook and Youtube. Thank you for your investment, we appreciate you!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
12.05.20
Jet Token Inc. Announces Aircraft and Charter Services Agreement with Cirrus Aviation (Campaign Closes Dec 31st, 2020)
We are pleased to announce a new Aircraft and Charter Services Agreement with Cirrus Aviation, replacing Gama Aviation LLC, as operator of our HondaJet Elite aircraft. Cirrus Aviation is by far the largest private jet charter company based in our home town of Las Vegas, with more flights and aircraft than any of their direct competitors combined. The Cirrus Aviation team has been managing and operating aircraft – commercially and privately – for more than 40 years. We have contracted with Cirrus for all flight operations and maintenance. Cirrus Highlights:
FAA Eligible On-Demand Approved
ARG/US Platinum Rated
Wyvern Recommended
Greg Woods (left), President and Mark Woods (right), Director of Operations, of Cirrus Aviation in their Las Vegas hangar. Aircraft pictured managed by Cirrus Aviation, not a Jet Token plane.
This Reg A+ offering is made available through StartEngine Primary, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view Jet Token Inc.'s offering circular.
12.03.20
Greg Fell Joins Jet Token Board of Advisors (Campaign Closes Dec 31st, 2020)
We're please to announce that Greg Fell, former COO of Gama Aviation, has joined the board of advisors at Jet Token. Gama is the largest managed aircraft business in the US, flies over 200 flights a day and has over 200 planes under management across the globe. Today, Greg is the CEO of Tsū, a social media platform that is innovating social media and e-Commerce into a platform that pays users for their content and allows them to market and sell products to their community.
Greg brings over thirty years of experience to the team, and we're delighted to have him on board!
Mr. Fell has also served as a General Partner and Chairman in The Investors Collaborative, a Boston-based venture capital group. As a trusted leader, he formally advised several technology startup companies, and mentored young entrepreneurs on the challenges in starting a technology business.
In this role, he served as the CEO of Hire Canvas, Chief Strategy Officer of Crisply, and Board Advisor to App Point Software. He currently serves as a Director on the Board of and IoT company Andium.
Prior to the Investors Collaborative, Mr. Fell served as Vice President and Chief Information Officer of Terex Corporation, where he led a strategic transformation of the IT Organization. Terex is a manufacturer of industrial equipment that employs 23,000 persons in 50 manufacturing locations around the globe.
Before joining Terex, Mr. Fell spent nearly 20 years with Ford Motor Company. He started as a developer, and worked his way through a variety of management roles supporting the global Engineering and Manufacturing functions of the company. He has domain expertise on CAD/CAM/CAE systems, Lean Manufacturing, and Control Systems.
Fell is a graduate of Michigan State University, and spent several years on staff in the College of Engineering as a Senior Research Programmer, and Instructor.
His book, Decoding the IT Value Problem (John Wiley and Sons, 2013), has gained positive reviews for its research into the management issues and solutions required to make IT projects more successful.
This Reg A+ offering is made available through StartEngine Primary, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view Jet Token Inc.'s offering circular.
11.17.20
Jet Token Closing Announcement - Dec 31st, 2020
We have been blown away by the support around the Jet Token mission to make private aviation more accessible, and have welcomed over 20,000 new investors to our growing family. Thanks to investors like you, the campaign has quickly soared past $7.5mm on the way to a maximum of $10mm.
As we approach this $10mm maximum, the campaign will close on December 31st of this year (2020). If you have considered investing in this round but have not yet done so, now is the key time to act! Because this is a Reg A+ offering there will be no waiting list, so act today!
Stay tuned for more updates into year end!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
11.04.20
Aircraft deposit update
Thank you to our now more than 25,000 shareholders and thank you to HondaJet for flying us to their plant in Greensboro, NC, and back to our HQ in Las Vegas, NV. We have now made deposits on four HondaJet Elite aircraft! Special thanks also to our excellent pilot, Chris, who showcased the stability and excellence of the HondaJet Elite by sticking a smooth landing into 44 knot headwind gusts! We look forward to reporting more milestones into year end.
Invest today, live on StartEngine! Thank you for your support!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
10.28.20
$7mm raised and climbing!
On the ground at the HondaJet plant in Greensboro, NC working toward our year end milestones.
(from left to right, Brenda Paawe-Navori, Mike Winston and George Murnane)
Invest today, live on StartEngine! Thank you for your support!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
10.09.20
Update from the cockpit
Invest today, live on StartEngine! Thank you for your support!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
08.06.20
In depth interview: Jet Token Wants to Become the Uber of Private Jets by John Jannarone IPO-Edge.comJuly 28, 2020
https://finance.yahoo.com/news/interview-jet-token-wants-become-192538596.html
Excerpts -
Do you have a timeline on when you think flying will return to normal?
Because aviation is economically sensitive, a prediction about flying returning to normal has embedded in it a prediction about the economy returning to normal. We cannot predict the economy, but that said, we can reliably say that private travel has rebounded more quickly that commercial travel. Private jet charter hours, a key measure for our sub-segment of air travel, dropped sharply in mid-March but have steadily risen since that time. For example, hours flown in the two-week period that includes the last week of June and the first week of July are only down 10% vs the same period in 2019. We suspect that those who can afford it are flying private to avoid infection, and that travel by these new flyers, alongside returning flyers, has accelerated the rebound in charter hours.
Can you talk about your fleet of leased HondaJets? Many people probably haven’t flown on them before.
After 20 years of development and five years in service, the HondaJet has earned a reputation for reliability, comfort and speed. It’s unique over-wing engine design makes for a roomier, faster and quieter travel experience. The average U.S. private jet flight runs about an hour and half and carries two to three passengers. The HondaJet can carry four passengers a little over two hours and is therefore ideally suited to most trips. We noticed that the six-person Citation 560/XLS is the most commonly landed private jet in the U.S., but the data suggest this asset is typically flying one third its range and with only one half its potential passenger load. Translation? Flying the average mission profile on the most commonly landed jet is overkill and more costly. The world’s largest manufacturer of combustion engines (Honda Motor Co.) has seen this economic dissymmetry and stepped into the sweet spot of the market with HondaJet. We’re proud to be a part of the HondaJet story; and as an aside their plant in Greensboro, NC is a technical marvel.
By getting the engines off the tail and onto the wings HondaJet has created a quieter cabin experience and a large baggage compartment that can handle large form factor items with ease. Also, unlike some other light jets, the HondaJet offers a fully enclosed lavatory, and a galley for snack and beverage service. Can the HondaJet be configured for five persons, with an additional sixth person seated in the belted lavatory area? Yes. Do we recommend it for optimal comfort? No. But for urgent travel the HondaJet is versatile enough to rise to the occasion.
REWARDS
$500
Upgrade Tier
Invest $500+ and receive a HondaJet Red Baseball Cap
$2,500
Business Class Tier
Invest $2,500 and receive a custom HondaJet Coffee Mug
$5,000
Business Comfort Tier
Invest $5,000+ and receive the above + HondaJet desktop model
$25,000
First Class Tier
Invest $25,000 and receive a HondaJet plant tour in Greensboro, NC followed by lunch with JetToken CEO (desktop HondaJet model included)
$50,000
Executive Tier
Invest $50,000 and receive a HondaJet plant tour in Greensboro, NC followed by lunch with JetToken CEO and a group flight on the HondaJet (see more details in The Offering section)
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
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Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
