Happy to see you here E! Pipa....three points: (I

Happy to see you here E!

Pipa....three points: (I told you I asked a LOT of questions):

1.  Baltia, the company, is only authorized to sell RESTRICTED shares, so it cannot sell on the open market.  The only way Baltia can sell on the open market is if it had unrestricted shares....which it would have had to acquire by buying back it's own shares on the open market.....something it has never done as of yet.

2.  Management's shares are still restricted.  If management attempts to remove restrictions from their shares, that becomes public knowledge.....and weaseldawg would be all over it.  Our pps would be well below a penny.  The market would see it as if the "insiders" were starting to bailout.

3.  I forgot #3...lol....Oh, yeah I remember now...those letters I believe were mailed to shareholders who bought through private placement.  I asked if Baltia knew who owns BLTA shares....they said they only know about those who bought directly from the company...and that is about 600 shareholders....so the letter turns out to be a drop in the bucket, a grain of sand on the beach.

The letter could have the effect of showing promise....or it could scare someone off.  Anyone teetering on the top of the fence might have decided it was the last straw and bailed out.....I think Friday's volume was about 680k shares.

Lastly.....taxes are due this Tuesday, 4/17.  I personally am scrounging around to pay Uncle Sam his "fair share".....bet there are some other's out there doing the same.  Maybe it was time to trade in those shares for $ to "pay the piper"...I mean...to pay Uncle Sam.......

lol...thanks for inviting me over....hope you don't live to regret it......