Down to .0012 from a .0014 open = "tanks" ?

lol.

Yeah, you're right it's Baltia's obligation. But they are compliant with everything. There is no one out there saying they aren't. Do you see them in hot water with the SEC? I don't, and surely none of the major investors who continuously give Baltia money do. I honestly don't believe anything you mentioned about regulations is warranted.

When do they plan on filing an 8-K? I'm not sure. That's not for me to determine. Why don't you get in contact with the company and find that out?

I also have to say that it bothers me that you mention anything you just said as if it is at all relevant to their entire situation. I personally think that it's purposefully mentioned in order to cause potential fear to those who look here. As if Baltia is in trouble without this 8-K from their meeting on Monday. It will come out when it will come out. It's a non-issue.

If you or anyone else out there feels compelled to know about it I'm sure a phone call, e-mail, certified letter, fax, etc. would get the answer you seek.

Exactly.

Not picking on anyone, but there is no such thing as a safe space in the investment world.

It's not Baltia's job to provide every single detail of every waking moment of every single day they operate.

It's every single investor's responsibility to get the information they desire for any investment they make. Sometimes they are lucky to get that information through a PR for substantial events only.

However, in any other regard, it's basically every man for himself and (at times) these types of boards for people to discuss information.

Okay, and I expect through time you will get that opportunity as will everyone else.

I provided you a couple ideas on how to contact them if perhaps you may want to see it sooner. That's your prerogative.

But my main point is that no one should expect Baltia to go out of their way for those unable to attend the shareholders meeting. It's the responsibility of those who did not attend to seek out their own means of acquiring the information from the document.

I'm sure others will agree with me.

Best of luck.

See this is where I somewhat have to disagree with you. I can understand your desire to see this letter. Trust me, I believe everyone should get a chance.

But the impression that is given is that just because Baltia doesn't have this letter out there on message boards, Facebook, PR (which this is 100% not PR worthy), they somehow instantly become the boogeyman.

What I think some need to understand, not saying this condescendingly, is that they did release everything on Monday night. I think some are just not "cool" with the medium in which it was released because of their means of accessing this information.

It's out there. It's in the public. They released it at the shareholders meeting. They read the letter word for word. But that doesn't mean the company needs to directly contact every investor who did not attend. That's the job of those who were not able to attend.

Baltia management is available through e-mail or by phone to give you information about this letter. It doesn't have to be printed to anyone. Baltia has no reason to hide anything. If you as an investor or to anyone else out there that wants to see this letter, reach out to the company. If those who do not have phones or computers to contact the company, I'm sure even a certified letter would suffice.

Call up management or e-mail them and I'm sure they will be more than happy to give you the information you desire. :)

Okay, that's great.

I'm sure others who were not at the meeting would be more than happy to see it and agree that it sends a positive vibe.

Well I am going to say that same line.

Myself and a bunch of other shareholders spoke at the end of the meeting to agree to carry this company until the end.

Several whales I have spoken to have said they will financially back this company until the end.

I was there. Other posters on this board and others were there. They heard the same exact thing. This company will be financially stable. Everything is being paid for one way or the other. They have money in the bank. And they keep getting more when they need it. That money will continue to flow into their bank account as needed. No ifs ands or buts about it.

So basically, the whales and other investors are going to carry this company.

The letter was not given to us. I forgot the gentleman's name, but he read the official letter from the FAA to everyone at the meeting.

Everyone got a positive feeling from what the letter said. It's a letter directed at Baltia, not the public, so don't expect it to be made public any time soon.

And don't think too much outside of the box about this. The letter is real. And no, Baltia does not need to publicly release it. It's silly to ask for its release.

If you want to know what it says, call or e-mail the company and I'm sure they will be happy to return the information you desire.

Please don't misconstrue my words.

But that's not what the letter said.

Don't do this.

The FAA reads these boards. According to Cheryl at last nights meeting, there is a specific team at the FAA that monitors these boards. The FAA knows what is being said about them, by us, at all times. That's enough.

The main goal of Baltia is not to exert pressure on the FAA. That can blow up in their face. You don't want to piss off the FAA otherwise they can shut the doors down entirely.

Literally it's patience and whenever the bureaucracy, that is the FAA, wants to come around. It's no one's job to get in the way of FAA business except for the FAA themselves.

The way the FAA operates and the amount of power they have when it comes to making these decisions, its best to lay off.

Clearly that statement is strictly an opinion. There isn't a rule book that specifically states that they need to Reverse Split. Baltia management is doing exactly what they need to do to stay afloat and what they deem necessary.

If Baltia management believes its detrimental to the company as well as investors if they reverse split, they won't reverse split. Simple as that.

It's your opinion that they need to reverse split. That's the only fact here.

Other shareholders from last nights meeting will certainly agree with me.

But you included the main problem this company is facing.

Great post Robodog.

Why would they reverse split immediately after diluting? That makes absolutely no sense whatsoever.

I'm sorry, but I'm going to have to disagree with you. I'm sure Igor, the staff, and all present shareholders at last nights meeting with disagree with you as well.

Just because shares are diluted, doesn't mean a reverse split is necessary. Baltia knows what their doing, and the right thing to do is not reverse split. Every long term investor last night agreed it would be harmful if they did.

Again, assuming you weren't at the meeting.

Someone asked Igor, in front of dozens of shareholders in attendance, if he had any thought of a reverse split.

Igor did not hesitate and immediately said NO!

THERE WILL BE NO REVERSE SPLIT AND THERE IS NO INTENTION TO DILUTE SHARES.

I'm going to guess you weren't at the meeting.

At the meeting, the staff had nothing to hide, absolutely zero. They were open with everything. This isn't a scam. The FAA isn't one either. Nothing regarding this company, the regulators, or the process is a scam. I'm sorry some feel that way.

The way the FAA functions: They run on their own time, they schedule things when they want to, they conduct their practices the way they want to, they create the rules.

The bureaucratic system that is the FAA is a tough regulator to work with in any capacity. Every step of the process is in their hands on their terms.

Absolutely nothing from this point forward is on Baltia. It's all in the FAA's hands

About The Meeting (12/21/15):

First I want to say it was great meeting a lot of you last night. It's awesome to be a part of a strong group of investors that want to see this thing through and get this bird in the air.

On that note. For majority of those who are upset or discouraged about the meeting, I want you to think about something really quick. For over a year now the only communication we had was through small Facebook tidbits here and there, or from LT and other insiders. Igor, Tony, Cheryl and the rest informed all of us last night of the entire situation. We never heard directly from any members of Baltia management before regarding the exact results of any tests over the last year. At the meeting, Igor literally went through every single mini-evac test and the status of the company to this present day. The entire staff came out with their hands up and held no information back. They answered any question to the best of their ability. They were as transparent as they possibly could be on the entire matter. In the end, it all comes down to the FAA.

It absolutely sucks that we have to deal with the frustration of playing the waiting game, believe me I know it’s tough. After the meeting we should all be happy we have a better understanding of the entire situation. We should not consider ourselves "in the dark" anymore. We know everything there is to know now. They will not reverse split. They do not intend to dilute shares.

Regardless, what a lot of people need to realize is that Baltia management put everything out there. They gave us the low down on their entire issue with the FAA. Their amount of openness last night was impeccable. Most importantly, they provided us with their solution to said problem. They have everyone on their staff geared up and ready to present their findings and results on mini #3 and mini #7.

Baltia will get everything sorted out. Baltia will see this through. Baltia will be successful.
All those who have stood by with surely be rewarded.

BALTIA SHAREHOLDER MEETING @ 6PM
BE THERE AT 5:45 PM.

DO NOT LISTEN TO ANY OTHER TIMES POSTED!
IT IS STILL ON AND HAS NOT BEEN CANCELLED!

Location:
Hilton Garden Inn
Queens/JFK
148-18 134th Street
Jamaica, NY 11430

This is all from the Baltia Facebook Page.

You do not know that to be factual.

OK. Simple Poll for the Board:
If you believe BLTA is a matter of IF and not WHEN, add your alias below (once) and repost.
If you believe BLTA is a matter of WHEN and not IF, add your alias below (once) and repost.

IF:
Kayakzz

WHEN:
Jestiron
Luna Tic
Firestream

WILL:
JohnnyDrama12

I want a consensus. I think the results will be revealing.
Thanks all!
Jest

STRONG BUY!

You mean in the other guys posts, right? I never posted e-mail addresses.

If I may point out.

The time stamps are different in both of your posts about the e-mails you claim to have received. It gives the impression that they were doctored and still inconclusive whether they are real or not.

Regardless if I read them all of not, buddy.

You can post the actual e-mail showing the exact same information you posted, even block out the beginning of your real name and other personal identifiers. It could take 5 minutes in Microsoft Paint and 20 seconds to upload to Imgur.

As long as you simply include @faa.gov within the picture and the main body of the e-mail, you can seriously become one of the most credible posters on this board. This single post alone.

If you don't, you would be back tracking then. Everyone wants to see the real deal. You have the potential to deliver it. Not doing so will literally diminish your credibility for the "e-mail post" as you won't provide concrete proof. It's that straight forward.

How do you know it's true? It goes both ways.

If he wants to come across as credible, he should post an actual screenshot with time stamps from those same e-mail addresses in his post.

I can say the same to you. Why don't you post an actual screenshot of the e-mail. That would increase potential credibility.

Anyone can make up an e-mail. Just saying. I'm sure others will agree with me.

This post is fake and fraudulent.

Comparing Bernie Madoff to Baltia is very disrespectful and should not even be a comparable thought.

That is an opinion you have.

I believe you and I had a discussion about something similar to this about when Baltia was mentioning the update for mini #7 on Facebook.

Baltia doesn't have to PR or release updates every single waking day on Facebook. Sometimes you can find out these things by calling them instead.

Again, if you don't want to call them that is your own issue.

I frankly do not believe that statement has anything relavant to the discussion. I see that statement as clearly intended to manipulate the narrative.

On what grounds would the SEC have to call? Because some people pick up the phone and get an update from the company and some don't and rely on message boards?

I'm curious, because perhaps there's something I do not know.

Investor sentiment does not 100% directly correlate to PPS. For a fact it is not.

That is a broad statement and opinion you have.

It's not selective disclosure. There's no "in" to be had. You can't expect Baltia to mention every single thing on Facebook.

Sometimes if you call Investor Relations you get to hear updates directly from Tony and other Investor Relations representatives themselves.

Yes I was. December 16th.

Pick up the phone and you will get the same answer.

Okay, yes. Others might decide to get other jobs as a source of income. Nothing is 100% ever.

However, I think your terminology may be incorrect. They are not fired, laid off, booted, given the axe, nixed, ended their contract(s), etc. They are simply put in a "furlough situation," like unpaid vacation time. They are still active employees of the company, just not being paid. (You do not have to be paid to be considered an employee) Again, they are not working, so they just aren't getting paid while they don't work. It is not as if Baltia isn't paying them out of spite. They just don't have as much work or duties for them to perform at this time, which is why some aren't working or some have reduced hours. They have not separated or have severed ties with the company.

The employees can decide to get other jobs in the meantime, whatever they may be. But for a fact, Baltia let them know of the situation and that they will be brought back on when they are needed. They more likely than not were given a relative time table of a return to full time work, but that obviously would not be disclosed to the public.

Regarding the pilots, I believe that to be simple hearsay. That can be said about any employee out there in this situation, in the field they work in. But if you are talking about the Baltia pilots, I think it's safe to say they are not a part of this "time off" situation. They are still fully hired by the airline without a doubt. The pilots aren't even a thought in this situation.

You don't know that. You are speculating.

I believe hearing direct information from Investor Relations about a meeting with the FAA on December 16th trumps saying "it's not happening."

There's no physical actual publication. It was passed through word of mouth to those who are in contact with Investor Relations.

I respectfully disagree with this statement.

I even made a statement regarding this exact thing in a post and I believe you have misunderstood. You don't know what is essential or not at this point. No one here is in the front offices of Baltia watching them operate. Employees have not been "fired." Its so easy to say they are firing them, making the assumption they have no money and all that jazz. When in fact ALL of the employees people claim are "fired" are simply temporarily off payroll. No one is "fired." When Baltia makes its inaugural flights, they most definitely will be brought back without hesitation. Some have criticized Baltia by claiming they were wasting money, well here they are temporarily saving money.



With all due respect, let's be real here. No one even knows what is on the meeting agenda for Dec. 16th. You cannot draw up such conclusions when not a sole outsider even knows what they are meeting to talk about.

I mean if you don't recall them even making a statement then how can you conclude:

It works both ways Holmes. Can't make those "lack of info" conclusions.

I'm pretty sure you and I both know that isn't true.