Common Stock shareholders buy from other sharehold
Post# of 41413
Posted On: 09/29/2015 2:28:34 PM
Common Stock shareholders buy from other shareholders, not from Baltia.
Your quote: "As a stockholder, since there's no revenue, the only way any of this is even happening is if I'm sticking my neck out along with the other stockholders and buying the share."
I've heard this from other shareholders but I don't think your statement is correct.
I am not any kind of expert, but I'm pretty sure that if you or I are purchasing shares from other shareholders (i.e., like I am through Fidelity brokerage), we are not funding the company's operations as you state.
It's people like LT and others who are providing money to Baltia directly for ongoing operations in exchange for the preferred shares with a 6-month hold before selling.
Someone correct me if I'm wrong.
Your quote: "As a stockholder, since there's no revenue, the only way any of this is even happening is if I'm sticking my neck out along with the other stockholders and buying the share."
I've heard this from other shareholders but I don't think your statement is correct.
I am not any kind of expert, but I'm pretty sure that if you or I are purchasing shares from other shareholders (i.e., like I am through Fidelity brokerage), we are not funding the company's operations as you state.
It's people like LT and others who are providing money to Baltia directly for ongoing operations in exchange for the preferred shares with a 6-month hold before selling.
Someone correct me if I'm wrong.
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