Another benefit of the in-house shuttle craft, acc
Post# of 41413
Another benefit of the in-house shuttle craft, according to a Baltia person I chatted with a couple of days ago, is that the Cessna Citation will be an excellent tool for their finance department to occasionally take investors up to Oscoda, WI to demonstrate Baltia's progress and aircraft livery, etc . . . . this will help Baltia raise the $$ it needs through private placements to get the company operational. - - - no airline service to Oscoda . . . . they would otherwise need to fly commercially to Detroit, drive a car up to Oscoda and back (7 to 8 hrs round trip), then fly commercially back to NY after a night in a hotel, so the trip takes two days and a lot of sitting, etc . . . . . let's see now . . . . out in the morning about 1.5 hrs in the company's a/c to Oscoda, see the aircraft and facilities, have lunch, and 1.5 hrs back to JFK . . . . which do you think a sophisticated investor will find convenient, and choose? . . . . hmmmm . . . . .