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Baltia Air Lines Inc BLTA
Posted On: 02/08/2014 4:37:05 PM
Post# of 41414
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Posted By: The Lieutenant
Re: smoke snot #2033

I brought up a R/S at the shareholder's meeting....just to toss it out there WAY in advance of it ever happening.....but what a commotion occurred.  You'd think I took candy away from a room full of 3 year olds.

At any rate, it is inevitable (the stock should really be trading steadily over a $1  - better at over $3), but it won't happen for a while.  I believe they are going to let this run for a little bit earning revenues and eating through their loss carry forwards from the last 24 years.

As management has continuously rejected the idea of a R/S (but they too know it is inevitable), I would say don't even consider the possibility for at least 2 years post revenue generating flights.

Look to Spring/Summer of 2016 for that discussion to be taken seriously.................














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