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  4. Baltia Air Lines Inc (BLTA) Message Board

Delta, I realize its a different metric, but they

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Post# of 41414
(Total Views: 230)
Posted On: 04/05/2017 10:59:53 AM
Posted By: PICCLINER
Re: Delta #32251
Delta, I realize its a different metric, but they are probably the closest comp to us so it is a bit intriguing. Did you have a thought on what that might mean in terms of value/PPS for Baltia. I'm always interested when people do the math and what they used to calculate. I still see our huge tax shelter in operating expenses as a very big deal and a big part of our value at start up. Its also a big part of why we are very undervalued, but only meaningful if we are certified which is why is not (and should not be) reflated in the current PPS. Just wondering if you ran any numbers, or if it just caught your attention as something to look out for as they get closer to their IPO?


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