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  4. Baltia Air Lines Inc (BLTA) Message Board

Now I did mention that back in April.....Igor kick

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Post# of 41414
Posted On: 07/31/2012 8:14:14 PM
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Posted By: The Lieutenant
Re: Delta #358

Now I did mention that back in April.....Igor kicking back some of his shares (as a sign of good faith) into the treasury to be sold off.  I figured those shares would still be restircted but the time period would have expired and the restrictions could be lifted immediately.....


Hmmmm...how do you say.......lead balloon?  I think right after that we saw another 500 million shares get authorized.....


I think kicking shares back into the treasury can truly be considered a "last resort."  Guess I don't blame him...in theory, he has given 22 years of his life to the company.....


Still...Barry knows how I feel.  In a nutshell:  Baltia has to do something for the shareholder's in order to convince us that Baltia is still a good investment.  Either get us through gate one....or put out a PR that gets demand up, volume up, and more importantly.....the pps up.  But right now......going on faith alone......isn't going to cut it...................


I would gladly buy restricted private placement shares (and thereby add to Baltia's bank account) if I thought there was a viable market for the multitude of unrestricted shares in my portfolio at the present time.  Until such time.....no need to discuss this with me. 


PS...it was back in April of this year when I upped my shares by 50%...and I told Barry....this is the last time I sign a check until Baltia does something to start making things happen................


 



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