Posted On: 12/05/2013 4:57:59 PM
Post# of 41414
To simplify the math, all I do is estimate what Baltia's "Market Value" should be at a certain point in history and then divide by the number of shares outstanding.
At 60 cents a share, Baltia would be worth almost 2 billion.....too rich for my blood.
I'm thinking a market value of between $350 K to $425 K when N706BL starts rolling (and if Baltia and Igor actually ADVERTISE the company) - which puts BLTA at somewhere between 10 to 15 cents a share. In my mind, for BLTA to trade too much higher that that would require a Reverse Split - same market value, just less shares to distribute it across. I'm figuring a 10 to 1 Reverse Split will put BLTA over $1 per share.
I'm also thinking that if Baltia and Igor don't substantially change their ways, this group of "longs" will be traded for another group soon after first flight. Heck - if I have to deal with Igor's current way of managing this company for too much longer, my desire to remain here is going to be stretched very thin...............
At 60 cents a share, Baltia would be worth almost 2 billion.....too rich for my blood.
I'm thinking a market value of between $350 K to $425 K when N706BL starts rolling (and if Baltia and Igor actually ADVERTISE the company) - which puts BLTA at somewhere between 10 to 15 cents a share. In my mind, for BLTA to trade too much higher that that would require a Reverse Split - same market value, just less shares to distribute it across. I'm figuring a 10 to 1 Reverse Split will put BLTA over $1 per share.
I'm also thinking that if Baltia and Igor don't substantially change their ways, this group of "longs" will be traded for another group soon after first flight. Heck - if I have to deal with Igor's current way of managing this company for too much longer, my desire to remain here is going to be stretched very thin...............
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