I like the way you guys are talking......rebound t
Post# of 41413
Notice that you still realize that even though today the price dropped, Baltia is still on course towards certification - just as it was last Thursday.
Nothing has changed except the level of the pps.
And yes...the guppy (who, by the way, clearly reads these boards and knows I write about him - and has yet to confront me with it, but clearly slips up and reveals it to me on the rare times that we do talk) - was SUPPOSED to put in up to $5 million as a sort of "credit line" and in installments as Baltia moved through the certification process....but the truth....he couldn't sell his existing shares fast enough and for enough $ to keep up with Baltia's needs, and he started bouncing checks to them!
Basically it was the low demand and public knowledge about Baltia - the stuff I have been complaining about for years - that tripped him up and revealed his devious scheme.
So YES - the big investors reformed the meeting in late May, and I was invited, even though I had already made a commitment to Igor about 1 week prior and my presence was unnecessary. Basically, I honestly feel that I was asked to attend because they knew I had the balls (or lack of constraint?) to confront this guy in front of the group as to what he had been doing.
And I did. And people were pissed, but, the guy has the right to do what he wants to do (to ask him to stop could be considered stock manipulation?).
If nothing else, the best that was accomplished is to take his legs out from under him - and by that I mean stop selling him shares so that his ability to flood the market will someday come to an end - and also I guess to reveal the devil that we must contend with.
Keep your friends close but your enemies closer.
And if I haven't answered the question yet, here is the answer: No - he did not buy $2 million worth of shares at .005 a share, simply because he could not pull off the ruse quickly enough. He could not raise enough $ by flipping stock, because neither the demand nor the volume nor the market price per share were going to cooperate with him..
So I'm guessing he has less than 200 million shares left - which can cause some days like today - but will not effect Baltia's Manifest Destiny.
Whether BLTA is trading at a penny or at 10 cents, it makes absolutely no difference: Baltia is still on the same exact course to get its certificate before October 1 - and they are still the sponsors of Thunder Over Michigan.
Congratulations to all who bought in today at these very low prices.
And yes, Skar (wasn't that the villain in the Lion King?) - my fiance' borrowed my pair and picked up another 3.7 million shares today - without whining about how much her current portfolio declined or that she thought BLTA was guaranteed or that she was going to jump off a cliff if so-and-so sold shares, etc.).
As the saying goes, "nothing in life is guaranteed except death and taxes."