Yes - and please understand some of the metrics we

Yes - and please understand some of the metrics we or I changed.

- The pro forma is based on a load factor of 64%.  The current industry load factors in the JFK-Moscow space pegged at +90%....  This would add on profit.

- The calculation uses a forward looking P/E 18-22.  typical of a Growth stock.

-  At the outside - and due to the nature of the trading volatility - .59 is out outside the range of possibility..... Christ - if Bitcoin can go to 1000, an actual business could go to .59

-  Debt load - This is the biggest one for me - There isn't any.  This is a direct wash of any market capital...  For instance - And I have posted this before - You are looking at Jet Blue or Delta or American, and comparing Market Cap to Market Cap = which is fine, but keep in mind that the debt load of those companies erases 1 for 1 that value of market cap.  I think 22 billion for Delta?    If Baltia can continue to work from profit, it completely negates all the R/S, Buyback Market Cap talk...  Give them the 2 years of that business model and lets see where they go.

They have millions in NOLs for the first year or two as well to burn through....  Direct profit

An airline with ZERO historical costs, ZERO Debt load, Running on Profit, Pouring the profit into growing the business, on a growth curve that has not been measured in 20 years, and a dash of irrational exuberance at times... yeah I see it.  the key is how they get through the growth curve.