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  4. Baltia Air Lines Inc (BLTA) Message Board

As much as I dislike taking the conversation from

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Post# of 41414
Posted On: 01/30/2014 8:05:12 PM
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Posted By: Benster19
Re: The Lieutenant #1924
As much as I dislike taking the conversation from the investment to the investor, while we're on the subject...

The silent majority who read this will get to decide between one of two scenarios...

1) You say Baltia will need 6 months to get approval from Russia after they're certified, which you believe because some associates(?) of yours who do business in Russia say there is a great deal of corruption there and things are not quite as smooth as we think...

Or....

2) The very same people who work on the Russian approval side in Baltia's offices in Russia, and have been doing so since early 2013, have told me the Russian approval will take no longer than 45 days.

Could you be right? Of course. Putin himself may decide he wants to wet his beak with Baltia. But after what, 9 months of work to get the Russian side ready so that the approval can happen quickly, do you think it's LIKELY that it'll take 6 months for them to approve it? Then I have to ask if you believe the individuals who are involved with this process are lying to me (and you, as I know for a fact that you have been educated by them on what is going on in Russia). 

As for why none of the above conversation is even relevant to our stock value:

From what I gather, you also believe the stock will move after the ticket sales and advertisements begin...So who cares when Russia approves the certification? Remember - the stock will trade at FUTURE value, not book value. With zero revenue, this could easily be a $500M company when we zero in on proving runs and thus, ticket sales. So why is this 6 month Russian approval of such importance?


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