NuMobile Acquires Priority One Jets

NuMobile has acquired Priority One Jets, which provides air charter, jet charter membership cards, and aircraft sales for business, leisure or government travel. Priority One had approximately $7m in revenue in its last fiscal year. After a split and the share exchange with Priority One shareholders, which is subject to regulatory approval, the company will have approximately 66,000,000 shares issued and outstanding. NuMobile's president, Jim Tilton Jr., will continue as the company's CFO while Priority One's CEO, Peter Minikes, will become its CEO. After the deal has been finalised, Priority One Jets will be renamed Priority Aviation.

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