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Re: retiredflier post# 78785

Friday, 12/02/2016 5:26:30 PM

Friday, December 02, 2016 5:26:30 PM

Post# of 105598
From last 10-k filing. They paid "costs" which is the sAme as "fee". Over 2.8 million in 2014 and 2015 , not to mention other years.

FAA certification costs increased $1,083,546, or 77% for the year ended December 31, 2015 from $1,400,198 reported for the year ended December 31, 2014. This increase resulted from the additional costs incurred for FAA certification activities in connection the air certification process.



To the regulators, Baltia is just a shell for the merger and my opinion is will be dissolved once acquired according to Tony pr

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