I've actually been to a couple countries where corruption trumps all, on six occasions. One of them is even considered an "axis of evil," and, having multiple family members who live in the US but own businesses there, as well as huge real estate properties and construction businesses, I know very well what politics are involved in such scenarios. My father owns a very large apartment building in Tehran (ever heard of it? just turn on CNN), so I don't need to be educated on the "back door talks" required to get business done in a non-tourist country...And trust me when I say that it doesn't get more corrupt than Iran. Russia is HEAVEN compared to that place, especially because of the decade-long sanctions that have pretty much crippled international relations. This is a country where you can negotiate your TAX BILL with the government, in return for particular "services"...but I'll save those stories for another time...And who do you think will own that apartment building once my pop is gone? Yup. You guessed it....I have a feeling the CIA and Obama are watching this as we speak...Russia and Iran in the same paragraph? Holy mother of God...
Anyway, what my brief experience with seeing the politics and corruption in Iran has taught me is that just because something CAN happen doesn't mean it WILL happen. Tomorrow, some wiseguy could come and tax my father's building an extra 5% because he can. But does that usually happen? No. Has it happened before? Sure, but the problem was always resolved with the swipe of a pen. It never took SIX MONTHS to get that sort of thing done.
But for arguments' sake, let's suppose it does take Russia 6 months to approve the certification...what's the likely scenario?
First, the stock price will shatter .10 when we are told that Phase IV is completed and certification is being received, regardless of how long the Russian approval takes. This thing will absolutely FLY for quite some time.
Now let's suppose the hype lasts 8-10 weeks, and then the stock slowly starts dripping back down to .04-.05/share...what do you think will happen after those remaining 3-4 months? Once again, the stock will go batshit crazy. So, whether it takes 45 days or 6 months, the end result (suppose by the end of 2015) will be CONSTANT.
You see how the Russian approval isn't a big deal?
By the way - who at Baltia has a law degree? I'm curious.
Anyway, what my brief experience with seeing the politics and corruption in Iran has taught me is that just because something CAN happen doesn't mean it WILL happen. Tomorrow, some wiseguy could come and tax my father's building an extra 5% because he can. But does that usually happen? No. Has it happened before? Sure, but the problem was always resolved with the swipe of a pen. It never took SIX MONTHS to get that sort of thing done.
But for arguments' sake, let's suppose it does take Russia 6 months to approve the certification...what's the likely scenario?
First, the stock price will shatter .10 when we are told that Phase IV is completed and certification is being received, regardless of how long the Russian approval takes. This thing will absolutely FLY for quite some time.
Now let's suppose the hype lasts 8-10 weeks, and then the stock slowly starts dripping back down to .04-.05/share...what do you think will happen after those remaining 3-4 months? Once again, the stock will go batshit crazy. So, whether it takes 45 days or 6 months, the end result (suppose by the end of 2015) will be CONSTANT.
You see how the Russian approval isn't a big deal?
By the way - who at Baltia has a law degree? I'm curious.
