Allow me to put forth a theoretical scenario: Let
Post# of 41413
Let's say there is a group out there with practically unlimited resources. They believe that they can put in a chunk of money today and buy up all the remaining authorized shares at a great price - say half of the market value. They also want to put a cap on the authorized shares - so that their efforts don't get diluted (they don't want to swim against the current). Those shares that they purchase via PP today are restricted from trading for 6 months, but who cares - their goal is to get the price of the stock to be 20 to 50 times higher than it is today, and it will probably take them 6 months to a year to do so - so the restrictions have absolutely no meaning anyway (in reality, all the restrictions do is enable this group to buy shares at an even bigger discount than the current market value).
Let's further say these guys realize the value of their efforts and are buying up shares on the open market as well - but slowly and carefully - so as not to drive the pps up unnecessarily.
If you had the financial ability to do such a thing, would you do it? Is there anyone out there who doesn't truly believe that BLTA is capable of going to 20 cents or more once they get certified.....or perhaps even once they start flying?
LOL, guys, I think we are all in a GREAT position here. Even if you do nothing but continue to hold, what do you have to lose? Some of you have been here for years.....what's another few months?
I wish I could sticky this one - because I want you to look back at it in July of this year, and I want you to say, "Look at that....the Lieutenant FINALLY got one right! Maybe there was something to that Magic 8 Ball of his afterall......................"