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  4. Baltia Air Lines Inc (BLTA) Message Board

If it weren't for LT "putting his money where his

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Post# of 41414
Posted On: 09/01/2015 2:32:37 AM
Posted By: DankMonty
If it weren't for LT "putting his money where his mouth is" with his continued purchase of the stock, I would have less faith here. Hoping that we are able to get this thing off the ground in the next couple of weeks. I fear that the stock price will continue to slowly decline until news of a pass or another date for an attempt. IMHO, management needs to put something out that at least informs investors of the progress being made and setbacks currently faced. I am hoping that they are simply waiting for word back from the FAA for a decision and we are at that point. I do have concerns that there may be some "stonewalling" from the FAA to even Baltia's management. I mean, this is not that hard of a decision - mark it a fail and then MOVE FORWARD, not just stagnant in this "waiting game" with a significant cash burn rate. Baltia's management seems to have done a lot to make this company succeed and are truly dedicated; I truly hope that there is no conspiracy against this company (e.g. clearing agent or whatever it was that happened a few years back prior to an offering). Truly looking for greatness here with nearly 1MM shares. The silence is discouraging, but I know how government agencies are in their efficiency and speed in getting anything done. Good luck to all, hoping for good news soon!


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