Without a doubt, the past year has been hard on companies around the globe with high oil prices, a sever housing and credit crisis, and high inflation. It seems like all we see is companies loosing money hand over fist, buyouts and lay-offs, higher taxes, and US savings dwindling. It is a tough time for us all. However, as we were scrolling through potential investmens, we stumbled on an amazing piece of news by Halcyon Jets Holdings, Inc. (HJHO.OB).

Halcyon positioned itself in a business we consider "recession proof" catering to high wealth individuals. It is a known fact that one percent of adults in the world own 40% of the planet's wealth* and that those individuals in aggregate will continue to maintain their wealth and spending through economic hardship. This information makes it much easier to understand how Halcyon Jets Holdings, Inc. (HJHO.OB) was able to achieve the following:

• Record revenues of $10.2 million, a more than $9 Million increase over the $367,000 posted for the start-up quarter the previous year

• Q1 revenues represent 83% of revenues for entire FY 2008

• Operating loss declined to 6.9% of revenues, compared to 41.6% for fiscal 2008

Since its inception in February 2007, Halcyon has become the private air brokerage service of choice for clients in the sports, entertainment and corporate realms. With partners such as professional basketball star Shaquille O’Neill and board member Spike Lee, the experienced management team has garnered an impressive reputation for those who choose to bypass the long lines, the security hassles and schedule delays that have become commonplace in commercial aviation.

Halcyon Jets Holdings, Inc. (“Halcyon Jets” or “the Company”), operating through its wholly owned subsidiary Halcyon Jets Inc., is a world-class broker of on-demand aircraft services, serving as agent of its customers in arranging for their transportation needs. Halcyon Jets capitalizes on the highest-margin segment of the aviation industry: elite business and luxury travelers who demand the highest levels of service, professionalism and comfort. The Company is committed to building revenues and shareholder value through organic growth as well as possible acquisitions. To serve this growing market, Halcyon has developed a luxury service unique in its ability to create a comprehensive White Glove-Red Carpet travel experience. Halcyon Jets takes pride in having the most flexible card program in the industry, with the lowest cost of entry, as well as the highest level of service. Halcyon Jets has access to a fleet of aircraft reaching thousands of airports, large and small, nationally and internationally. Halcyon Jets does not own or operate the aircraft on which our customer's fly but through business partnerships with the aircraft operators, Halcyon is able to focus exclusively on providing the industry’s most exemplary service. All Halcyon-arranged flights are operated by Federal Aviation Administration certificated Part 135 air carriers that have the highest independently determined safety ratings.

Our company is the brainchild of an elite group of specialists and pioneers in the private jet services industry. We are an industry dream team, joining forces and experience to fulfill a shared vision of what a true leader in the jet charter services industry can be – one dedicated to a luxury private flight experience that is based on superior safety and exceptional customer care.

We arrange luxury private jet flights for our clients from and to anywhere in the world. Get access to virtually every size and type of aircraft and the industry’s most flexible, client-centered arrangements.

At Halcyon, you will never be tethered to us by onerous, intractable contracts. We crafted a business model that gives you the freedom to work with us as much or as little as you please, and to terminate our relationship if we ever fail to live up to your expectations.

In short, the burden is on us to earn your loyalty and trust with every contact and flight. We proudly accept that challenge and look forward to a lasting relationship with every Halcyon client.

Executive Jet Charter Flights:
We arrange private jet charter flights to and from anywhere in the world on behalf of our clients.

Concierge Services:
You will be assigned your own travel consultant and personal concierge to assist with your travel, dining and entertainment needs. Halcyon’s executive jet service can meet the needs of the most discerning traveler.

Management and Maintenance:
Complete management and operations services are available. We also bring business to owners of planes by arranging for private charter usage.

Buying, selling and leasing planes:
Certain business and personal situations may make leasing or purchasing a private aircraft convenient and cost effective. Halcyon Jets has a huge network of aviation industry associates and can present countless lease or purchase options.

Our expertise will also help when you're ready to negotiate a sale or purchase.

Catering:
Gourmet catering is at your fingertips and provides unparalleled level of comfort.

Ground to air transportation:
Limousines are available for your ultimate convenience.

Helicopters:
Spacious cabins and panoramic windows offer the highest level of luxury.

MDVIP: Personalized Health Care

Did you know that the average primary care physician has 2,500 patients and spends just 8 - 10 minutes on each office visit? We won’t talk about how difficult it is to get a timely appointment. There is a better way to get healthcare on your terms: MDVIP. The highly qualified physicians in MDVIP’s national network have chosen to refocus their practices on delivering personalized preventive healthcare. The membership covers an annual executive-style physical that allows you to know your present health, and serves as the basis of your wellness and prevention plan. Because MDVIP-affiliated physicians are limited to 600 patients, you receive as much time and attention as you need; you can reach your doctor 24/7 via personal numbers; and same-day or next-day appointments are available. Furthermore, every practice member can receive specialty care at some of the country’s best hospitals and research facilities if needed.

Sullivan Estate

The solar powered 5,700 sf luxury estate is located on 5.2 acres and features 6 bedrooms and 5 ½ baths, an oversize 2 car garage, zone controlled air conditioning, hardwood floors and imported tile throughout. High, wood beamed ceilings, hand crafted wood moldings, skylights, fireplaces and French doors create a feeling of timeless grace. The gourmet kitchen is a chef's delight and services both casual and formal dining rooms. Oversized stone fireplaces illuminate the formal dining room and casual sitting room. The extraordinary master suite features Koa wood flooring, a private sitting room, Roman Bath, skylights and tiled balcony overlooking the dramatic blue Pacific.

Telluride Ski Resort

Stashed among the highest concentration of 14,000 foot peaks in North America, Telluride’s spectacular scenery is undeniably some of the most beautiful in the Rockies. But the breathtaking views are just a part of what makes Telluride stand out among mountain destinations.

Vineyard Estates in Charlottesville

A private enclave in Virginia wine country estates tucked into the vine-laced rolling hills of Kluge Estate Winery and Vineyard near Charlottesville, Vineyard Estates brings together spectacular natural beauty, classic architectural designs and exceptional master craftsmen. This ideal setting presents a rare opportunity for a select few to personally experience the creation of fine wines from grapes grown on their estate while enjoying a uniquely sophisticated country lifestyle as envisioned by vintner Patricia Kluge.

The Key West Club

Blending the flavors of Key West's historical maritime architecture with contemporary style and elegance, the Key West Club at Seaside is breathtaking. Of course, the inimitable Key West sunrises are included from your home at no additional charge.

Diva Limousine LTD

Diva Limousine and Halcyon Jets Form a Strategic Alliance to Provide Seamless Luxury Jet Charter and Ground Transportation Services to their Elite Clientele

Kiwi Collection Luxury Hotels

Discerning travelers want the best: a bed that satisfies even more than the one at home; interior and exterior spaces that stimulate the senses; service that puts the guest above all else; and in the end, an experience unlike any other.

CEO Challenges

CEO Challenges is the world leader in sport competitions designed specifically for CEOs. Our ultimate goal is to find the world’s best CEO in a number of different sports. We began in 2001 with the CEO Ironman Challenge, and now we have expanded to include CEO Triathlon, Golf, Cycling, Marathon, Fishing, Sailing, and Tennis Challenges.  The company currently owns eleven trademarks for various sports that CEOs compete in.

Nicholson Yachts

For over 50 years Nicholson Yachts have been world leaders in luxury yacht charters in the Caribbean, Virgin Islands and elsewhere. Our name has been synonymous with luxurious yachts, both power and sail, mono hulls  and catamarans that whisk you away to luxury resorts and deserted islands and beaches many of which are only accessible by one of our luxury private charter yachts. Our luxury yacht charters are available all over the world. Choose a yachting vacation in the Western Mediterranean or perhaps the Greek Islands or even the San Juan Islands of the Pacific Northwest.

Halcyon leverages the same industry drivers that are fueling the sharp growth of fractional aircraft ownership, one of the fastest-growing segments of the aviation industry. As commercial air travel has been challenged due to heightened airport check-in security procedures and less fexible fight schedules, a substantially larger market has demonstrated a willingness to pay a premium for the comfort and convenience of chartered fight travel.

To serve this growing market, Halcyon has developed a luxury service unique in its ability to create a comprehensive White Glove-Red Carpet travel experience. Halcyon takes pride in having the most fexible card program in the industry, with the lowest cost of entry, as well as the highest level of service.

The Company has access to a fleet of aircraft which reach thousands of airports, large and small, nationally and internationally. Through proprietary business partnerships with the aircraft operators, Halcyon is able to focus exclusively on providing the industry’s most exemplary service.

Halcyon’s mission is to take control of the most valuable element of the air travel transaction: the relationship between the customer and the general aviation aircraft operator, and to work tirelessly to maintain brand loyalty to ensure ongoing revenues and attendant growth.

• 2008 business jet sales expected to hit record deliveries of more than 1,100 aircraft

• Annual business jet production is forecasted to increase 62%, from an estimated 1,039 units in 2007, to 1,678 units in 2015

• Safety and se curity concerns, increased processing times at many U.S. airports, pushing luxury and business travelers toward on-demand transportation

• FAA/industry reports project new generation of inexpensive microjets/very light jets expected to redefine and significantly expand charter air travel industry

• Importance of fractional jet ownership recognized by invest ment pacesetters such as Warren Buffett, whose Berkshire Hathaway owns original fractional jet company

• Spending in aviation mirroring broader economic “hourglass”trend, identifyinggrowing population of elite consumers will to pay for convenience, and are not cost-sensitive