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ASP Ventures Corp.: EliteJet Reports Audited 2002 Year End Gross Revenues Of $2,648,434 Up 99% From The Previous Year.


Business Editors

SAN DIEGO--(BUSINESS WIRE)--July 16, 2003

ASP Ventures Corp (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:APVE APVE Associação Portuguesa do Veículo Eléctrico (Portuguese Electrical Vehicle Association) ) a multi-divisional Company that currently markets equity membership of Falcon Jets and is establishing other divisions to market exclusive vacation properties and high-end private yachts, announced today that one of its subsidiaries, EliteJet Inc. reported audited 2002 year end gross revenues of $2,648,434 up 99% from the previous year of $1,328,980.

EliteJet was formed in 1999 by President, Scott Walker Scott Walker can refer to more than one person:
  • Scott Walker (singer) (born 1943), singer
  • Scott Walker (politician) (born 1967), county executive of Milwaukee County, Wisconsin
  • Scott Walker (boxer) (1969-2004), boxer
, an entrepreneur and veteran in the marketing and advertising industry for over 20 years, who's advertising agency was listed as the 6th largest in Direct Response advertising in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  in the year 2000.

"EliteJet continues to experience exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. " says Walker, "which can be attributed to our dedication to meet the highest industry standards in safety and reliability. We have identified a specific niche in fractional Falcon jet ownership that attracts longterm clients to eventually become equity members. In 2003, we expect to reach record sales and continue to strengthen our position in the market, increasing our marketshare."

In an industry where corporations and their business executives have discovered just how vulnerable they are to loss in both their initial investment and quality of service with many risky fractional and time share operations, EliteJet offers an instant, no-cost, no-obligation, confidential analysis of a potential clients current aircraft investment position.

Utilizing a fleet of Falcon jets that meets the highest industry standards in safety and reliability, Elitejet Inc. utilizes a SKY CLUB membership concept to attract long-term clients to eventually become equity owners. A membership account can be established for as little as $50,000, giving members instant access to the fleet of Elite Jet aircraft.

After each flight, the cost is simply debited from the member's escrow account and the membership can be cancelled at anytime with no penalties. This unique marketing strategy, combined with unprecedented quality, service and affordability, has made EliteJet one of the fastest growing equity jet companies.

EliteJet is in the process of launching an aggressive marketing and advertising campaign which is planned to bring increased awareness to the Company and help clients of competitive companies identify the losses that they are currently experiencing with other fractional jet companies. EliteJet will assist these potential clients in minimizing any further losses in their existing fractional positions, making the switch to EliteJet not only affordable, but stress free.

Additional Companies that are in the same industry as EliteJet Inc. include: Berkshire Hathaway Inc. (NYSE NYSE

See: New York Stock Exchange
: BRKA) (NYSE:BRKB), Bombardier Inc. (BDRAF.PK) (BDRBF.PK) and Raytheon Co. (NYSE: RTN RTN Return
RTN Raytheon Company (stock symbol)
RTN Research Training Network
RTN Rotarian
RTN Routing Transit Number
RTN Recursive Transition Network
RTN Register Transfer Notation
RTN Radial Tangential Normal
).

About ASP Ventures Corp:

ASP Ventures Corp. is comprised of three subsidiaries: EliteJet, which markets fractional ownerships of Falcon jets; Elite Property, which will market fractional ownerships of high end real estate; and Elite Yachts which will market fractional ownerships of private yachts. Its targeted demographic consists of established and successful individuals, business executives, entrepreneurs, major sports club owners and managers, professional athletes and Hollywood celebrities.

A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 Act of 1995. These forward looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results ASP Ventures Corp. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. ASP encourages the public to read the information provided here in conjunction with its most recent filings on Form 10KSB KSB Kogod School of Business (American University)
KSB Kelley School of Business (Indiana University)
KSB Kantonsschule Am Brühl St.
 and Form 10QSB QSB Fading
QSB Qualified Small Business (IRS category)
QSB Queen Street Backpackers (Auckland, New Zealand)
QSB Quality System Basics
QSB Qualified Supplemental Benefit
QSB Quantum Singleton Bound
. ASP's public filings may be viewed at www.sec.gov.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 16, 2003
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