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Here’s why I purchased 2.4 million shares of Jet AI
$JTAI is a private jet business that earns revenue from selling charter flights, jet cards and managing aircrafts for owners.
Last year, it has made a deal with FlyExclusive to sell its aviation business in order to invest the proceeds to build out a site in Nevada with a Data Center for AI/HPC.
Once the acquisition by $FLYX closes which is expected to be imminent, $JTAI shareholders will receives shares of FlyExclusive at a 15-20% premium to its Net Cash position which is expected to be between $12m and $22 million.
This implies $JTAI shareholders will receive roughly $15 million worth of shares of $FLYX, which is about 2x the current price of the business.
Following this acquisition, $JTAI will retain its software solutions for private jets with CharterGPT (a B2C booking platform for jet charters) and Jet AI (a B2B marketplace for jet charters and aircraft management). Currently these are valued at 0 despite generating about $1.6 million in revenue.
Most importantly, $JTAI main business will be the construction and operation of data centers for AI/HPC.
Notably, $JTAI holds a $20 million equity stake in AI Infrastructure Acquisitions Corp, a SPAC it has raised over $150 million for to invest in the data centers that will be run by $JTAI.
Furthermore, it has launched two JV, one in Nevada where $JTAI invests capital and its partner provides the land for a minority equity stake in the data center and another one in Canada near Winnipeg.
$JTAI values its interests in these projects at around $20-25 million each based on guidance given by the company.
At the current valuation, the shares that will be received in consideration for the private jet business essentially cover the valuation of the shares with the stakes in the data center businesses are therefore in essence bonuses on top.
This opportunity arose as people didn’t understand how to value Jet AI as it sold one business to transition into another and due to the ATM Jet AI ran to fund the AI business previously and invest in those data center stakes.
This should be a $2-3 per share stock.
PS. If you want to be concerned about dilution, I started buying at 0.37, ended at 0.43 for a 0.4 average. That is how rare and scarce this stock actually is.
$RUBI - Rubico Inc.
🔹Announces Time Charter Extensions
🔹Contracted Revenue Backlog of $120.8 Million
🔹Gross daily hire locked at $32,850 until 11 January 2027
🔹Post-2027 guaranteed hire of $29,990 for 4 years
🔹Low Float/ OS near 17m shares
👆 46% PreM/ $0.22
📈 #NUBURU continues to execute on its transformation plan.
Recent milestones:
🔹 Expansion into electronic warfare & operational resilience
🔹 Important round of debt equtization completed and $100M flexible capital
🔹 Dual-CEO structure driving strategic and operational growth
🔹 Deployment of advanced defense systems across Europe through acquisitions and by leveraging blue-laser Technology
With momentum building and key integrations underway, NUBURU is positioned for major defense and technology projects ahead.
#DefenseTech #BlueLaser #Growth #Innovation $BURU @TekneGroup
Stay tuned and follow
@NuburuLasers for upcoming announcements.