A little over 2 weeks ago I sat with a group of BLTA investors (not employees, and not affiliated with Baltia in any way - just individuals chosen by their groups to attend and to listen and to voice their opinions) who collectively own well over 50% of the authorized BLTA shares. As a group, we agreed amongst ourselves to each fund Baltia whatever it would need to get it through to its final certification. We paid no attention to the price per share for Private Placement purchases, as we all agreed that the 100s of millions of shares that we all represented individually would more than make us all extremely well off in the very near future.
None of us needs any more shares, as we all have more than enough as it is. The purpose of getting together and agreeing to each make another investment was simply to ensure that our previous investments were guaranteed of success.....and to remove the unneccessary burden of the Baltia staff from having to worry about $ so that they could focus on the most important thing on their plate right now: completing the process as accurately, efficiently, and qucikly as possible.
I myself represent a group of about a dozen unrelated investors who collectively hold over 350 million shares.
Focus on what I am saying here and don't try to read anything else into it: The majority ownership of BLTA has commited themselves to financially supporting Baltia all the way through to certification.
Nothing is guaranteed, but somethings are certainly less of a risk than others.
Here is a very rare opportunity to see what the top dollars in BLTA are thinking and are doing.
Take this message as you will.
This is a team effort, and even the smallest of players counts. As a team, we will all have a share in making Baltia Air Lines into America's Newest Intercontinental Passenger Airline.
GLTA.....no......Congratulations to all!
