I'm getting sick and tired of the talk about the 7 billion share dilution where nobody seems to have done the research on why the 7 billion share for Baltia is really nothing. Comparing to other airlines...from Small Budget to Large Carriers, if one was to give 7 billion shares to all airlines as listed a few below, you'll find that the PPS is much lower.

I've done this on excel, and pasted it on here, so it's a bit wacky, but between delimiter, it is in one column.


Current | Shares | PPS | Mkt Cap

Baltia Airlines | 7,190,000,000.00 | 0.0011 | 8010000
Spirit Airlines | 71,540,000.00 | 43.75 | 3,130,000,000.00
Southwest Airlines |650,360,000.00 | 43.98 | 28,600,000,000.00
Hawaiian Airlines |53,210,000.00 | 37.77 | 2,010,000,000.00
Allegiant Airline |16,840,000.00 | 174.58 | 2,940,000,000.00
Jet Blue Airlines |315,060,000.00 | 23.55 |7,420,000,000.00
Virgin America |43,910,000.00 | 37.58 |1,650,000,000.00
United Airline |372,810,000.00 | 60.03 |22,380,000,000.00
American Airlines | 630,330,000.00 | 44.14 |27,820,000,000.00


Comparision | Shares | PPS | Mkt Cap

Baltia Airlines |7,190,000,000.00 |0.0011 |8010000
Spirit Airlines |7,190,000,000.00 |0.44 |3,130,000,000.00
Southwest Airlines |7,190,000,000.00 |3.98 |28,600,000,000.00
Hawaiian Airlines |7,190,000,000.00 |0.28 |2,010,000,000.00
Allegiant Airline |7,190,000,000.00 |0.41 |2,940,000,000.00
Jet Blue Airlines |7,190,000,000.00 |1.03 |7,420,000,000.00
Virgin America |7,190,000,000.00 |0.23 |1,650,000,000.00
United Airline |7,190,000,000.00 |3.11 |22,380,000,000.00
American Airlines |7,190,000,000.00 |3.87 |27,820,000,000.00

So, having that said....Virgin American is huge...but with 7 billion shares...they are at .23 PPS?

Baltia is in a great position...they will have passengers AND cargo in their business plan.