"then it could rise to $10 or $13 or more by 2018
Post# of 41413
To the person you've quoted: don't set the bar so high that you can never reach it.
The $1-2 range isn't out of the question by 2018 assuming they get certified this year, but $10 is nothing more than a dream that will never come true without a reverse split (which will never happen, unfortunately). The largest airline in the world is worth $35.8 billion and has a fleet of over 330 planes.
At $10/share, Baltia would be worth nearly twice as much as the world's largest airline. That'll never happen. Let's be smart about our estimates.
........
To those of you who are not familiar with a quick and easy valuation of a company, take the profit (annual net income) and multiply it by the industry multiple, and that's about what the company's value should be. There are exceptions, but most of them are in the tech industry, not transportation (where the speculation is nowhere near as exciting as for tech companies).
We should be realistic in valuing Baltia and agree that if they hit .50/share by 2018 it'll be one of the greatest things that has happened to any of us. Unfortunately, Baltia's O/S and A/S have risen so high that saying "dollars per share" just doesn't make any more sense for the foreseeable future.
So those of you looking for a huge return, buy your shares now and you just might see a 100x return (i.e., $1,000 now could be worth $100,000 in 2.5 years).