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If court is announced or filed in the 10Q under legal proceedings, this stock is going to .0001 and it will sit there for years.
An agreement has to be reached.
From legal section of BLTA's audited financials:
I think it's simple logic. Baltia PRd a mini is taking place; therefore, we are awaiting results of that mini.
Are you saying that Baltia said it wouldn't PR a fail so they must have failed or we would have a PR? Is that what you're thinking?
Robodog, please post something!! eom
It is a link to all PR's Baltia did this year and Robodog posted the link. I'd have to search his posts.
There was a PR in Feb. 2015; a PR about recurrent training; and a PR about mini. 7 testing on July 28, 2015. (I'm positive about the date).
This is why everyone keeps waiting on the FAA to tell us how we did on number 7.
Baltia did PR that they were doing a mini, it's just simple logic that we'd be awaiting results of success like the FAA Eastern Michigan allegedly recommended.
What else could we be awaiting.
BLTA: position long and strong purchase at this point.
juseftl, we probably successfully completed that mini because we would have heard something like all those other times.
Baltia is behaving oddly. They could have released a PR about several things at this point.
It's as if we're in some sort of quiet period.
The pps is MM manipulation with their games of 10,000 share trades all day long. They take advantage of the silence and the pps does whatever they want it to do while we don't have an update from the company yet.
Maybe something was discovered during our mini evac test that will affect the entire industry and all airlines will be required to comply with some bulletin from the FAA or Boeing related to the slides or the location of the slides close to the door causing doors to jam even though the industry has known about this possibility and apparently has ignored it.
Airlines do not like those FAA bulletins to correct something because when their planes are grounded, it's millions and millions of dollars to them.
There was an accident that caused the FAA to issue a bulletin to correct something and the FAA gave the industry 18 months to comply which is good for the airline companies' revenue; but, unsafe for flying. When another incident occurred involving that bulletin to correct something, the FAA ordered the airline industry to comply immediately within 30 days. It took a second incident resulting in harm to passengers and crew for the FAA to demand the 30 day compliance.
Since we've been told sort of, that our slide didn't deploy, I just thought maybe it didn't inflate; but, that was before I watched 15 hours worth of National Geographic crash investigations.
During an evacuation that should have saved the lives of all on board was hampered because the slide started to deploy and jammed the door the passengers close to the fire needed to evac safely; and, the flight crew couldn't get door to open and there was a fire in progress.
It was a three second commentary on the slide and if you're not paying attention to the investigation you could easily not notice they didn't elaborate on the slide deployment jamming the door shut that those passengers and crew needed to evacuate.
Apparently smoke or toxic fumes affect the passengers too and the safety people of airline industry decided that more lives could be saved with "smoke hoods". We all know it's the fumes before the fire that are very dangerous to people.
wondering the same allworknoplay. eom
couple of million at .0027 then buys at .0031 like turbulence. eom
in .002's what just happened on level II. eom
I know what that is finna! and that is some seriously dark humor; because that is apparently scarey...not the mini vac part but the stall part.
Giving BLTA the benefit of the doubt, I wouldn't want them to have to experience a stall; total nightmare.
position: long and strong purchase
Odd Blue Donkeyshoe, my Ameritrade account early today said value at .0169 and that is odd. Computer glitch or something is happening soon.
Hoping for a gigantic gap up in near future....
One slide malfunction whose fault is the vendor is not holding up our pass for the mini.
The real danger that was discovered about slides was on a 747 that caught fire from the engine and the jet fuel was that during a real evac situation the slide (located too close to the door) started to deploy and jammed the friggin door so it didn't open. Had the slide not been deployed before the door was open it could have saved more than 100 lives.
Passengers will go to any door they see open, they will climb over each other and seats all at the same time trying to get out of a plane on fire or a plane loaded with jet fuel that may catch fire in an evacuation situation.
One passenger said he didn't even know if he even used the slide, he just jumped.
It is a total stampede unless the flight deck and flight crew can communicate to the passengers about a situation prior to the passengers screaming (so passengers can hear the instructions delivered from the flight deck or cabin crew.) That is my finding after watching 15 hours of plane crash investigation where an evacuation was even possible.
Neither the FAA or NTSB or crash investigators from other countries mentioned that a smoother evacuation can occur before the passengers start screaming about a fire or a good survivable water landing (don't need slides for a water landing watch ethiopian airlines hijacked plane landing on water)... It was a very survivable landing in water. if the passengers could have heard the pilot and crews instructions NOT to inflate life vests before out of plane...or the inflatables will trap the person to the ceiling of the plane. It's hard to swim downward to a door or open passage way with an inflated vest. And what if those stupid slides deploy on a water landing and block every friggin exit point of a door because of a slides location next to doors (too close).
I want Baltia to please give us a progress report to ease the shareholders' faith. On another note, I just watched almost 15 hours worth of crash investigations on youtube from National Geographic.
There was an issue where the slide started to deploy and jammed the door so the flight attendant couldn't open it. More important to open doors in evac situation.
I can see where a modified 747 with FAA guidance will have addressed every bulletin ever issued from any source regarding everything the industry has ever discovered about the 747; so flights will be safer for crew and passengers.
Brand new engines plenty of spare parts.eom
Nice DD certdog on sophisticated music with the presentation. I believe in BLTA more than I did before; but not because of the music.
position: long and strong purchase
Robo has link to presentation; and actually I learned that Baltia's plane is designed with 37" pitch for more comfort in coach. I'd have to go to Evelyn Woods School of reading to read the information as fast as the video.
Again, thank you Robodog awesome video. Virgin Atlantic started with one plane too. Cool.
position: long and strong purchase
Baltia hasn't told us any bs, the most recent PR is from July. They've been very quiet even when they've had events that could be PR'd.
taketheredpill, to whom the FAA. eom
Here I am. Watching todays MM manipulation and daytrading. We really need Baltia to give us some solid substantive information immediately.
Watching this stock very closely. Pursuant to its 10K previous year, the stock price was never this low and has been as high as .51. They did a pp for 10 cents, so it's trading way too low.
The revenues for their 10Q in Feb. and 10Q in May is already above 2014's total revenues and that doesn't include 4th qtr numbers and the total will be in the 10K that is due at any moment. Prior year it was late and it has more than doubled its revenues in Q1 and Q2 of 2015.
Revenues in 2015 have already beat revenues for their annual 2014 10K.
anytime for the financials.
You're lucky because the float is so low the price moves fast.
The reason the 10K annual report is due is because this company has a fiscal year end of June 30, 2015; so it has 90 days to file its yearly report. They've already doubled their revenues from prior years 10K if you study their 10Qs for this year.
Just go to SEC website and see for yourself...Revenues on the upcoming annual 10K will be more than double than 2014. You will see.
Too much attention is being paid to an obvious smartazz, the very first person to put that thing about ticket sales on Monday was so obviously patently false that we shouldn't be posting about that.
Hopefully, the mods removed that post.
The very respected robo was just responding in kind.
I'm annoyed that I am posting about it.
We need the mini success FIRST and then proving flights..that is our focus.
position: long and strong purchase
Okay, but it does matter. eom
Oh, it matters. People should have honor and integrity and morals. It does matter and having a conscience matters too.
I'm not waiting a year troyal. I have my own time frame and it sure isn't a year. I'll go day trade and come back to Baltia when I seem some progress and I will always be IN Baltia; I just may daytrade for awhile; honestly, I would never sell my entire position. Baltia is too promising an investment. I love owning a little of an international airline company!!
Position: Long and strong purchase.
Another awesome post from Luna Tic! Our plane can and will fly with her upgraded cargo compartment. We just need some information from Baltia.
I invite BLTA to give us some desperately needed substantive information ASAP.
position: long and strong purchase
Carsmax177 that is awesome research and this is actually an exciting development of possibilities.
We just need to get that mini (we must have successfully completed); proving flights (maybe they can do 50 hours).
position: long and strong purchase
troyal, just to be clear, a year away isn't closer. Close is a week or a month...and that is too long for a verdict on the mini that we already passed, imo.
position: long and strong purchase
Robodog, this is such a good post I read it twice...maybe three times. It makes sense and sort of tells us the difference between the 2009 status and the 2015 we're almost there for real status. Thank you.
Robo, seeing Delta file a 10-Q on October 14th made me think all the 10Q's were due. I wasn't looking at their financials, I was looking at dates.
Jan. Feb. Mar. Q1 due May 15 (45) days after the quarter ends.
Apr. May. June. Q2 due August 15 (45) days after the end of the quarter
July. Aug. Sept. Q3 due Nov. .... okay Robodog you're correct.
Delta filed today...really early.
Delta filed today. It's 45 days after the end of the quarter. Due date should be Oct. 15, 2015 or that is really early for Delta.
Well the big airlines are all filed with their 10-Q's, maybe we'll get one of those with the only change being a larger OS.
Southwest and United haven't filed yet and neither has Virgin America... odd they're usually very early before they're due.
I'm thinking of how I'm going to vote at the upcoming shareholders' meeting :)
thanks troyal:)
OMG don estaban, I was taking a sip of my water and almost got all on top of my keyboard!! Funny post. BLTA is struggling with one plane and the FAA I don't know if they could handle a shareholder meeting. What would we talk about anyways :) Where is our mini?? How many more friggin shares are going to be OS...
You said that so honestly and matter of fact.
Just like Robo's post when he said "sigh"
LOL
position: long and strong purchase
Thank you certdog. I've just always mostly associated "frequency" as radio and I guess how frequently I do something... okay. Thanks again.
good DD certdog. I don't understand the difference between "route" and frequency allocation.
They haven't filed their inability to timely file like usual. Maybe they'll file their quarterly for third quarter on time. And I will be anxious to read the notes to the financials where it's management's discussion and analysis
I believe Robodog. eom