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Baltia Air Lines Inc BLTA
Posted On: 07/07/2015 7:57:05 PM
Post# of 41414
Posted By: MikeSLTJ23
I actually disagree here to some extent. On one hand, we'd all love more transparency, so I agree with you there. I don't know what they're allowed to say or not say, but I like that igor came out and acknowledged our continued patience. So I feel they've given us what they can. As for why we're dropping, what is public relations going to say? The truth is we're very close. The other truth is that we're still a penny stock and not generating revenue. The buyers have already bought. New eyes are needed to move this up, not the same group of buyers. Becoming an actual airline is the only way that happens. As for the market, it doesn't work like that. Buying shares at market value does nothing. They get cash by issuing more shares and diluting. That's private placement. Buying on the market does nothing for the company at all. Not one bit. So if you need private placement to generate cash, there's no way around it.













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