ALL companies put that in their annual report, it'

ALL companies put that in their annual report, it's setting yourself a trap if you don't include it....Now, take a look at this:

While the Company believes it will be successful in obtaining the necessary financing to fund its operations,

That's also from the financials^

Baltia knows it's receiving its financing. How else are they servicing the plane? Kalitta isn't a charity worker.