Allow me to explain A/S and O/S and I am going to
Post# of 41413
Allow me to explain A/S and O/S and I am going to make the assumption that right now they are about equal......A/S = O/S = 3.96 billion shares).
I was recently involved in attempting to bring the top 10 investors together (from as far away as the west coast as well as Riga!), a group which I playfully termed "the whales".
Of the 10 who were to attend, I believe that between 3 of them there exists a total of 1.9 billion shares (my group alone now has just over 350 million shares, and another group has an estimated 1.3 billion shares). Of the remaining 7, if we very conservatively attribute 100 million shares to each of them, we have accounted for at least 2.6 billion shares in total (1.9 billion plus 700 million).
Management has 1/3 or just over 1 billion shares.
That gives us at least 3.6 billion shares in the hands of those who are "long".....that is, the effective float for BLTA shares is only about 400 million shares - AT MOST!
What I expect you will see......starting Monday, March 3.....is a very big increase in demand for BLTA with a very short supply. Shares traded will be in the 10s of millions per day, and as each new investor buys in, they will hold - most likely for a 100% return on their investment.
In other words.....those buying at .03 will hold till BLTA reaches .06.
BLTA is on a skyrocket path that began last week.
Two weeks ago I stated, "Anything less than 2 cents is a steal, anything under 5 cents is a bargain!" That week I put my money where my mouth was and skimmed off 28.5 million shares (of the 50 million sold that week) without hardly anyone noticing. LOL.....the pps hardly moved, and by the end of the week that 28.5 million shares was averaged in at .0106!
Last week, people began to notice, and by Tuesday investors were scrambling to grab whatever shares were available under 2 cents. On Tuesday, some in my group were just barely able to get 6 million shares at an average pps of about.025.
Keep in mind, the excitement will continue and only "get worse". Read the posts on the other site. I myself have received at least a dozen calls from family/friends who are finally coming "off the fence". People want in.....and they will try at .02, .022, etc. - but BLTA will never be available below .03 again. By the end of the week, I predict BLTA will be over .05 and heading towards .10. By the end of March - with the hype and the PRs to be released and the dwindling supply of BLTA, I predict BLTA will be above 10 cents.
LOL.........enjoy the ride! For every penny increas in BLTA, the value that my group holds goes up 3.5 million dollars!
Take my opinion for whatever you think it is woth, but I plan on making myself and a lot of my close family and friends - who have trusted me over the years - super f$%kng RICH!
If you want to be a part of America's Newest Airline, I suggest you get in very early next week.
BLTA is going to be rising by 1/2 to 1 penny on a daily basis.
Supply and Demand - Economics 101 - and the supply is dwindling and the demand is increasing.
Enjoy the ride!
To infinity, and beyond!