Friday's news was the next in a series of unprecedented PRs that I have been expecting and patiently waiting for.
I received the call while celebrating my father's life well lived. Yesterday we sent him off with military honors that he so well deserved. No doubt he is helping us out now from the other side.
Remembering the basics, the certification process requires that Baltia must have an aircraft. Baltia would not have wasted any or its precious resources negotiating a lease unless the FAA had given the thumbs up to continue. Last week that approval must have arrived, and this announcement marks the long awaited commencement of the process once again.
Don't be over concerned about the stock price at this time. What we are seeing is the day traders playing back and forth and trying to etch out a few dollars here and there. The real trading will occur when Baltia announces its new name and restructuring. That is when the world will open its eyes.
The value of this company and its certification will be realized soon enough. Keep in mind that a startup airline of this nature has a market capitalization estimated to be about $500 million upon its commencement of revenue flights. That would put BLTA at .05. Undoubtedly there will be a reverse split before then, my guess being sometime around the announcement of the re-branding and the name change, but I believe you can now roughly estimate the value of your future investment by multiplying the number of shares you currently own by about 5 cents.
Next up, I'm expecting to hear about the approval of the revised manuals (if that hasn't even happened already), the mini-evac, proving flights, certificaction, the commencement of revenue generating flights, etc. In between I am expecting we will also hear about other significant staff changes, contracts, funding, approved routes.....you name it.
If this were to be compared to a rollercoaster, I believe you have now made it to the front of the line and you are next to be seated.
Strap yourselves in and enjoy the ride. You have waited long enough for this moment.
Godspeed.
I received the call while celebrating my father's life well lived. Yesterday we sent him off with military honors that he so well deserved. No doubt he is helping us out now from the other side.
Remembering the basics, the certification process requires that Baltia must have an aircraft. Baltia would not have wasted any or its precious resources negotiating a lease unless the FAA had given the thumbs up to continue. Last week that approval must have arrived, and this announcement marks the long awaited commencement of the process once again.
Don't be over concerned about the stock price at this time. What we are seeing is the day traders playing back and forth and trying to etch out a few dollars here and there. The real trading will occur when Baltia announces its new name and restructuring. That is when the world will open its eyes.
The value of this company and its certification will be realized soon enough. Keep in mind that a startup airline of this nature has a market capitalization estimated to be about $500 million upon its commencement of revenue flights. That would put BLTA at .05. Undoubtedly there will be a reverse split before then, my guess being sometime around the announcement of the re-branding and the name change, but I believe you can now roughly estimate the value of your future investment by multiplying the number of shares you currently own by about 5 cents.
Next up, I'm expecting to hear about the approval of the revised manuals (if that hasn't even happened already), the mini-evac, proving flights, certificaction, the commencement of revenue generating flights, etc. In between I am expecting we will also hear about other significant staff changes, contracts, funding, approved routes.....you name it.
If this were to be compared to a rollercoaster, I believe you have now made it to the front of the line and you are next to be seated.
Strap yourselves in and enjoy the ride. You have waited long enough for this moment.
Godspeed.
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