Baltic Intl USA Inc (BISA)

[Theo]

I gottta give ya props on this #msg-155563446

I've been holding shares for over a decade now... Hopefully, they get a deal going now

I knew Steve was in on this at one time but I didn't know Jim was #msg-23162432 Hard to believe he's gone...

[jchords]

Bid creeping up. Not much action on the ask yet

[makinezmoney]

$BISA: $0.05............ must be a low float


What do we have here.


Looks like one to make money on today



GO $BISA

[creede]

Thanks j.

Feels so good to see it liquid again.

[dijeetyet]

Back from hibernation. Well that is fun

[jchords]

Nice prediction

[db7]

good structure here; now give us a reverse merger

[creede]

Hey Theo,

BISA IS PINK AGAIN.

We have waiting a long time for this one!

[retireat40]

G2P today!

[JJZander]

Off greys to pink current

[creede]

Quarterly filing. I would get excited about this but I think he has been looking for a "target company" for about 15 years now!

Current Plan of Operations

Our current business objective for the next 12 months is to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. Our principal business objective for the next 12 months and beyond will be to achieve long-term growth potential through a combination with a business rather than immediate, short-term earnings. We will not restrict our potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business.

We do not currently engage in any business activities that provide us with positive cash flows. As such, the costs of investigating and analyzing business combinations for the next approximately 12 months and beyond will be paid with our current cash on hand and through funds from financing to be obtained.

During the next 12 months, we anticipate incurring costs related to filing of Exchange Act reports and costs relating to consummating an acquisition.

We believe we will be able to meet these costs with our current cash on hand and additional amounts, as necessary, to be loaned to or invested in us by our stockholders or other investors.
We may consider a business which has recently commenced operations, is a developing company in need of additional funds for expansion into new products or markets, is seeking to develop a new product or service, or is an established business which may be experiencing financial or operating difficulties and is in need of additional capital. In the alternative, a business combination may involve the acquisition of, or merger with, a company which does not need substantial additional capital, but which desires to establish a public trading market for its shares, while avoiding, among other things, the time delays, significant expense, and loss of voting control which may occur in a public offering.

Any target business that is selected may be a financially unstable company or an entity in its early stages of development or growth, including entities without established records of sales or earnings. In that event, we will be subject to numerous risks inherent in the business and operations of financially unstable and early stage or potential emerging growth companies. In addition, we may effect a business combination with an entity in an industry characterized by a high level of risk, and, although our management will endeavor to evaluate the risks inherent in a particular target business, there can be no assurance that we will properly ascertain or assess all significant risks.

https://ih.advfn.com/stock-market/USOTC/baltic-international-usa-gm-BISA/stock-news/82481051/quarterly-report-10-q

[creede]

Sure thing! See you there.

[Theo]

Following. Tx!

[creede]

Might be wishful thinking since it's Grey.

Lots of stocks have been going from Grey to Pink lately. 11 just today!

We are following the phenomenon on the board if you want to check it out.

https://investorshub.advfn.com/Grey-to-Pink-37784/

I have BISA as one of my predictions.

[Theo]

Sure do... you could almost "will" it to move. Slightest breeze and it rolled. Is there something that makes you think they are considering upgrading their listing? I looked the 10K over (more like glossed over) but didn't see anything that caught my eye.

[creede]

Will be interesting to see what this looks like with L2.

Remember how thin it was?

[Theo]

Well they've certainly had enough time to get something rolling...

[creede]

You know a lot of companies are going from Grey to Pink (G2P) right now?

I think BISA is going to be one of them.

Calling my shot.

Light this puppy up!!!

L2

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000918545&owner=exclude&count=40&hidefilings=0

[creede]

Come on BISA.

WAKE UP you Sleepy Grey!

[creede]

Haha.

And I was hoping it was an institutional investor!

[Theo]

And a well spent $4 it was

[creede]

Breakout day today!

2000 shares at .002

[Theo]

Lol! That's the spirit! Won't bother me at all. Gotta practice to be good

[creede]

HaHa exactly.

I might delete one of your posts just so I can feel important..!

[Theo]

Still have a pile of shares myself (but I'd havta look it up to 'member just how many). I look forward to the day you havta earn your keep being a "mod"

[creede]

I'm sure eventually something will come of it.

I don't have a huge position here. Like 30k shares. Tried getting a few more here and there and never had any luck.

I guess with the O/S of > 11MM that's not very surprising.

I'm going to keep holding. Even grabbed a mod spot so I have a front row seat.

:)

[Theo]

I know right? Clean and available why wouldn't it appeal to an entity? Makes no sense to me either especially when you see other deals having been made over the years and this one has been available all that time.

[creede]

LOL..!

Looks like Grossman is all we have. He keeps filing on time. Why doesn't he find someone to purchase this shell?

What is he waiting on?

[creede]

BISA O/S: 10,975,760

Common stock, $.01 par value, 40,000,000 shares
authorized, 16,629,229 shares issued and
10,975,760 shares outstanding

https://www.otcmarkets.com/filing/html?id=13740307&guid=Q7jWUeO9abEry3h

[Theo]

Carl was probably taking a leak

[creede]

OLD NEWS

Baltic Announces Resignation of Robert Knauss as CEO

HOUSTON, Texas, February 26, 2010 –– Baltic International USA, Inc. (Pinksheets: BISA) announced today that Robert Knauss resigned as Baltic International USA, Inc. 's Chief Executive Officer. Mr. Knauss has served as the Company's Chief Executive Officer from January 1994 to February 26, 2010. Mr. Knauss will remain as the Company's non-executive chairman. David Grossman, the Company's Chief Financial Officer, will now assume the duties as the Company's principal executive officer until such time as the Company retains a new Chief Executive Officer.

About Baltic International USA, Inc.
Baltic International USA, Inc. is a Texas corporation that has provided capital, management, and technical services to start-up and established private companies. In most instances, we are directly involved in management and in all instances assist in allocation of capital either directly from us or through the investment of third parties.

This document may contain forward-looking information. Although the Company believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included herein will prove to be accurate.

baltic-intl.com/KnaussResignation.html

[creede]

LOL — I found the company website.

http://baltic-intl.com/

[creede]

Tried to call the company. Went straight to voicemail.

Baltic International USA, Inc.
6002 Rogerdale Road
Suite 500
Houston, TX 77072
[phone]

[Theo]

<G> There's a bunch of us still holding... (as well as maintaining portfolios containing our less than stellar poorly-timed prior trades)

[dc_350]

Hey! I've got that same portfolio! Although I call mine more colorful names!

And you're a much better trader than I am...my average cost is 8.5 cents/share...lol

Hope does spring eternal....

[Theo]

lol me too! I've been in this for many years- over a decade which seems hard to believe.... I had to look it up in my chit-pile portfolio and it shows my cost basis @ 7 cents/share.

It's still reporting Hope springs eternal

[Shmoney1]

Hope it works out for you here. What price did you get in?

[Theo]

Tx!

[creede]

Agree..!

Will let you know if David responds.

[Theo]

Hey, you never know- Doing nothing is a waste of time so doing anything is productive imo.

[creede]

I sent an email today to David Lazar regarding two other shell companies.

I went ahead and mentioned BISA to him in hopes he might reach out to the owners of BISA and help them find a merger candidate.

This was probably a waste of time but I figure it cant hurt to at least float the ticker in front of his face.

[creede]

Hi Theo,

me and you both! Seems like sooner or later they will do something.

What else are they saving it for?

[Theo]

Someday I'm hoping to wake up and find that someone has filled that shell. I've lost count of the number of years that I've owned a pile of its shares...

[creede]

SEC Filings - on time every time.

What are they going to do with this shell?

Current Plan of Operations
Our current business objective for the next 12 months is to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. Our principal business objective for the next 12 months and beyond will be to achieve long-term growth potential through a combination with a business rather than immediate, short-term earnings. We will not restrict our potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business.
We do not currently engage in any business activities that provide us with positive cash flows. As such, the costs of investigating and analyzing business combinations for the next approximately 12 months and beyond will be paid with our current cash on hand and through funds from financing to be obtained.
During the next 12 months, we anticipate incurring costs related to filing of Exchange Act reports and costs relating to consummating an acquisition.
We believe we will be able to meet these costs with our current cash on hand and additional amounts, as necessary, to be loaned to or invested in us by our stockholders or other investors.
We may consider a business which has recently commenced operations, is a developing company in need of additional funds for expansion into new products or markets, is seeking to develop a new product or service, or is an established business which may be experiencing financial or operating difficulties and is in need of additional capital. In the alternative, a business combination may involve the acquisition of, or merger with, a company which does not need substantial additional capital, but which desires to establish a public trading market for its shares, while avoiding, among other things, the time delays, significant expense, and loss of voting control which may occur in a public offering.
Any target business that is selected may be a financially unstable company or an entity in its early stages of development or growth, including entities without established records of sales or earnings. In that event, we will be subject to numerous risks inherent in the business and operations of financially unstable and early stage or potential emerging growth companies. In addition, we may effect a business combination with an entity in an industry characterized by a high level of risk, and, although our management will endeavor to evaluate the risks inherent in a particular target business, there can be no assurance that we will properly ascertain or assess all significant risks.
8


We anticipate that the selection of a business combination will be complex and extremely risky. Because of general economic conditions, rapid technological advances being made in some industries and shortages of available capital, our management believes that there are numerous firms seeking even the limited additional capital which we will have and/or the perceived benefits of becoming a publicly traded corporation. Such perceived benefits of becoming a publicly traded corporation include, among other things, facilitating or improving the terms on which additional equity financing may be obtained, providing liquidity for the principals of and investors in a business, creating a means for providing incentive stock options or similar benefits to key employees, and offering greater flexibility in structuring acquisitions, joint ventures and the like through the issuance of stock. Potentially available business combinations may occur in many different industries and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities extremely difficult and complex.

https://www.otcmarkets.com/stock/BISA/disclosure

[creede]

Share Structure

Authorized Shares
40,000,000
01/03/2020

Outstanding Shares
15,629,229
01/03/2020

Restricted
Not Available

Unrestricted
Not Available

Held at DTC
Not Available

Float
Not Available

Par Value
0.01

[creede]

BISA

at .001 the market cap is only $15,629.00

Unreal for a fully filing company.

[creede]

BISA

Contact Details
6002 Rogerdale Road
Suite 500
Houston, TX 77072
[phone]

[veteran98]

Just checked and like has been mentioned they are still filing … interesting …. http://quote.morningstar.com/stock-filing/Quarterly-Report/2019/6/30/t.aspx?t=:BISA&ft=10-Q&d=6a0f2de51351c4a037ee84164185c3ae

[creede]

There is something called an "unsolicited pink".

BISA was one before it went grey.

[nsomniyak]

No - those are off the greys.