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  4. Baltia Air Lines Inc (BLTA) Message Board

Ok, as time is short, I am going to answer a bunch

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Post# of 41414
Posted On: 10/14/2014 11:10:31 AM
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Posted By: The Lieutenant
Ok, as time is short, I am going to answer a bunch of PMs right here.

Yes......you certainly should mention The Lieutenant when you speak with Mark.

Spec, I have put out the word about applying, and I have applied myself, but many of us are not in good standing and probably not eligible.

Others, My advice is to sell your BLTA as LIFO.........last in, first out......in hopes that the very first shares you bought will become 1 year plus a day by the time you sell them and save you quite a bit in ncome taxes. Capital gains tax (on long term investments over 1 year old) is 20%....or maybe even 15% for some of you......whereas Ordinary Income (short term investments under 1 year) are taxed at your highest income tax bracket.

As for when to sell....lol.....that is a personal decision, but I think anyone who is truly LONG will want to sell at least AFTER Baltia gets its certification.

You can actually wait even longer.....as many of us plan to do.....for First Flight, or for the first 10-Q to report revenues, or etc.......

I truly believe that BLTA will soon begin heading north on a weekly basis (once ticket sales are announced and the advertising and promotion kick in) and will continue that northerly trek till at least sometime into the middle of 2015.

GLTA.


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