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  4. Baltia Air Lines Inc (BLTA) Message Board

Just a word of advice here having filed a complain

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Post# of 41414
(Total Views: 241)
Posted On: 02/03/2017 8:04:20 PM
Posted By: stamfordcvi
Re: Dischino #30294
Just a word of advice here having filed a complaint prior with the SEC. First off, be prepared to submit a detailed well explained complaint based upon potential breaches of securities law. Securities law is narrow in its scope and the rest would fall to civil law to deal with. What you might unintentionally end up doing is causing the SEC not to deal with your complaint due to the overwhelming number of calls they might receive to the point where they feel it is just investors angry with the low share price and not anything to do with potential market manipulation. And you have to be careful as well because investigations go both ways. Someone who bought based on someone here might then be able to file a complaint that someone here was attempting to manipulate the share price higher. So rather than inundate with potentially non-securities law violations you should gather information here like is being done by TFFF and submit a detailed complaint outlining where you think a securities matter was breached. And you also have to include information not just from message boards but evidence gathered about collusion of certain FAA employee and market makers that have made an appearance in posts about keeping the share price low and so on. The SEC will not conduct a witchhunt on your behalf in other words they are not going to shake the tree to see what falls out. It is a long and difficult row to how but if done wisely it can be effectively. Just don't get caught up in numbers of complaints being more beneficial than real complaints.


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People always ask what my name means. Very easy. Stamford Connecticut Very Interesting. The place is chock full of history.




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