Ya know. I have listened to some say do your due
Ya know. I have listened to some say do your due diligence. Well DD hasn't really done a world of good for 23 years. LOL. How about some common sense. When a company puts out a rumor, that is all it is. It has no weight. When a company puts out a PR, they are legally bound. I have only been here for 4 years. I have done DD. I found no PR releases from the company down through the ages. Just speculation that manuals are ready to be approved and the FAA is ready to begin certification. And I know many of you heard these rumors(little birdies in your ear). But that doesn't hold water with me. It's nice but it isn't legally binding.
Now, Baltia has put out PR that they moved to Michigan, that phase 1 is complete, that training began on the 11th. That means something to me. As well as the DD regarding what the process is and how long it will take so that I know when flights will begin. Some delays have occurred. No explanation from Baltia. Just rumor as to why. I have no problem with the little birdies speaking but I don't put much faith in those comments because they are not legally binding. Baltia's closed mouth approached is not conducive to what we, as SH, want to know. Some legally binding PR about certain things going on would be appreciated and I think would help or alleviate any negative PPS.
Just my thoughts on this whole process over the years.
Baltia Air Lines Inc (BLTA) Stock Research Links
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