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Baltia Air Lines Inc BLTA
Posted On: 11/08/2013 12:06:29 PM
Post# of 41414
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Posted By: JRBlackie
Let me make an observation on that bankruptcy calculator put up on the "other site."  If you looked at the underlying code you will find that it balances costs against revenue.  Since Baltia is a startup company, it cannot accurately reflect anything that is accomplished by Baltia because there is no revenue.  As a matter of fact, it can never accurately reflect anything financially by a startup company.  Reminds me of my college days when I studied Quantitative Analysis and read the book, "How to lie with statistics."  This is a prime example of how to accomplish that lie.













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