And this new board member...Mr. Ned L. Siegel....the 8-K states that Mr. Siegel has been Chairman of the Board of Notis Global, ticker symbol NGBL. I looked up his company ticker and couldn't help but notice Mr. Siegel' company is trading at .0002/share...LOL. With results like .0002/share, Mr. Siegel is the perfect person for BLTA to award a new board seat.
Finally, why did Connie leave? Maybe a conflict of interest selling a beater 747-200 to shareholders when he sat on the board? An airplane that was basically a non certified billboard? And now BLTA is gonna lease a 767 from Connie? If Connie couldn't make any money flying this 767, he's gonna make money by leasing it to BLTA shareholders? Too funny!!! Connie couldn't make money with it, nobody else wanted to lease it, so just lease it to BLTA shareholders? Gotta make money somehow. Might as well profit off BLTA shareholders again. They'll buy or lease anything.
Now BLTA discovers today they also owe $8.8 million dollars for 747 engines? Gosh...nobody knew? Connie didn't know about the $8.8 for the engines on the 747 he sold BLTA? Amazing...nobody knew LOL. Only $8.8 million nobody knew about.
Conflicts of interest, BS Financial reporting, same cast of characters....this reeks scam.
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