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Baltia Air Lines Inc BLTA
(Total Views: 485)
Posted On: 09/29/2017 12:18:14 PM
Post# of 41414
Posted By: Delta
Re: Dischino #37012
I have long contended that there is a disconnect between market value and book value in a start up phase... given shares outstanding, which will be a huge topic soon enough, the market value of the stock could easily be 20 cents or 2B when book value is a fraction of this. We know and expect that the business model will eventually support the 2B value but it's like a yield curve and the extrapolation of measurement points... I can do tons of math on Book Value and expected value based on fundemenetals and pro forma, but market value will escape me for a bit..nevertheless much of that is dictated by OS. There are Igors shares to deal with and any other capital issuance that of concern... someone should pay for trying to bury this company... we need to ask how OS got so high in the first place. Issuing shares for performance in a period where there was none could be considered clawback material... hardball boys! And girls...













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