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Incompetence definitely, fraud most likely. Have you seen any form 4s with the beloved whales name on them?
I think we'll see an 8k either tomorrow or on Monday.
Companies have four business days to file a Form 8-K for the events specified in the items in Sections 1-6 and 9 above.
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Baltia never has and never will.
Keep clicking those Ruby Red Slippers.
They have been a start up airline since August of 1989. Looks like they have been a Stinky Pinky since 2003.
https://www.sec.gov/Archives/edgar/data/869187/000116519505000010/bltk04n.txt
The following table sets forth the high and low sales prices, as quoted
by the OTC-Pink Sheets, for our common stock for each quarter during our two
most recent fiscal years ended December 31, 2003 and 2004 and subsequent
thereto. These quotations reflect inter-dealers prices, without retail
mark-ups, mark-downs or commissions, and may not represent actual
transactions.
<TABLE>
<CAPTION>
Fiscal Quarter Ended High Low
--------------------------- --------------- ----------------
<S> <C> <C>
March 31, 2003 .07 .04
June 30, 2003 .15 .06
September 30, 2003 .27 .10
December 31, 2003 .25 .18
March 31, 2004 .21 .10
June 30, 2004 .18 .05
September 30, 2004 .18 .10
December 31, 2004 .13 .06
March 31, 2005 .09 .05
They're restocking the shelves for their Grand Grey Market reopening. Where billions of super duper discounted shares will be available. And to get an extra 25% off at the register use the special PROMO Code Papa Nasty.
Igor's SEC filings may not have been reliable nor on time, but he did file them.
The current state is all thanks to Tony, Baltia's very own Wall Street Genius.
He probably did a 70/30 split of the non-refundable purchase deposit with Frank.
I think it'll be Igor's return.
Baltia was the only source claiming his death.
A story about Paramedics responding to a 911 call and finding an Airline executive dead in his apartment, on New Years weekend, would have made the local news.
His estate was never probated.
Igor is still the registered CEO of Baltia, at the NY SOS.
Mistyped in previous reply, there is no bid/ask quoted.
I've never tried to trade a grey sheeter. You have to go through your broker. There is bid/ask quoted, no level 2. They try to find a matching trade. The commissions will be higher.
Did you see the video of the C-130 that crashed in Savannah last week?
Nope, he resigned about 5 or 6 weeks later.
Like Rufus Paul Harris's multi billion dollar South American Bonds?
I knew you would remember who, I didn't know they killed fictional characters, didn't watch it long enough.
Yes it does. A couple of years ago there was a Stinky Pinky gold play south of the border, that involved murder.
They have been receiving a lot of complaints about Baltia.
Tony, the super genius, will say this will be resolved in the coming weeks.
Even at lowest, Baltia was in better shape than it is now.
My presumption is he was referring to yesterday's trading, when it dipped down to .0012.
Be very very happy you had the stop loss set.
Where is your genius now?
Perhaps you hope so but facts are SEC rarely acts. Tony is too smart for this... he worked on Wallstreet and knows the game. No opinion, just fact.
Start trading on the grey markets on May 22, 2018, you'll be lucky to get .0001.
Oh yeah Connie was so impressed he resigned 5 or 6 weeks later. During his time on the board he learned to require payment in full from Baltia prior to any agreements they entered into.
You already know the answer to your question.
Does blta still have a chance?
I didn't wanna see trips although I always knew we would at some point again.
Come on $.0013 you can do it.
You not getting worked up over the news about the really nice parking lot?
It a secret.
Yes, and Baltia is not trying to buy any of them either.
Tony is pulling on 2 things, 1 is your leg and the other is a Tug Toner.
Where does the money come from to pay Baltia's employees?
Oh my, looks like Baltia lost a couple of it's bagholders today.
Baltia is not in for Xtra or any other 1 Plane Jane operation.
Do you see any recently filed, Required 8Ks that say they are?
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000869187&type=8&dateb=&owner=exclude&count=40
Current Reports on Form 8-K.
Subject to certain exceptions, a Form 8-K must be filed within four (4) business days after the occurrence of the event being disclosed. No extension is available for an 8-K. Companies file this report with the SEC to announce major or extraordinary events that shareholders should know about, including entry into material agreements; mergers and acquisitions; change in control; changes in auditors; the issuance of unregistered securities; amendments in company articles or bylaws; company name changes; issues with reliance on previously issued financial statements; changes in officer or directors; bankruptcy proceedings; change in shell status regulation F-D disclosures and voluntary disclosures (voluntary disclosures have no filing deadline).
The Fair Disclosure Regulation, enacted in 2000 (“Regulation FD”), stipulates that publicly traded companies broadly and publicly disseminate information instead of distributing it selectively to certain analysts or investors only. Companies are encouraged to use several means of information dissemination including Form 8-K, news releases, Web sites or Web casts, and press releases. A Form 8-K under Regulation FD must be filed (i) simultaneously with the release of the material that is subject of the filing (generally a press release); or (ii) the next trading day.Other than when there has been a change of shell status, the financial statements of an acquired business must be filed no later than 71 calendar days after the date the initial Form 8-K was filed reporting the closing of the business acquisition (which initial Form 8-K is due with 4 days).
http://www.legalandcompliance.com/securities-resources/sec-requirements-for-public-companies/
Songbird termination https://www.sec.gov/Archives/edgar/data/869187/000161577417007036/s108303_8k.htm
Baltia entering the Material definitive agreement to purchase Songbird
https://www.sec.gov/Archives/edgar/data/869187/000161577417004908/0001615774-17-004908-index.htm
Baltia entered into a non-binding letter of intent with AerLine Holdings LLC
https://www.sec.gov/Archives/edgar/data/869187/000161577417003380/s106693_8k.htm
Baltia has not made a new request for Economic Authority.
Could it be the Data Required is missing and what is available is unreliable?
The following financial information about the applicant should be provided:
1. Balance sheets and income statements of the applicant and all relevant corporations, together with their accompanying explanatory footnotes (including a description of the company's significant accounting policies, such as for depreciation, amortization of intangibles, overhauls, unearned revenues, and cost capitalization), for the three most recent calendar or fiscal years,16 and for a period ending no more than three months prior to the date of filing. This requirement may be met by the submission of financial statements, preferably audited, or 10K and/or 10Q reports filed with the Securities and Exchange Commission.
a. The financial documents should include a statement as to who prepared them, his or her qualifications and relationship, if any, to the applicant, and whether they were prepared in accordance with Generally Accepted Accounting Principles.
b. If an annual audit, review, or compilation by an independent CPA is performed, the name and address of the firm, and type of services provided should be listed.
2. Statements which include a description of the following:
a. Any liens or encumbrances against any of the applicant's or any relevant corporation’s assets, including those pledged as collateral for any outstanding obligations.
b. Any major commitments into which the applicant or any relevant corporation has entered during the past 6 months, or proposes to enter into during the next 6 months, including bank or other institutional financing, private financing, issuance of bonds or stock in the applicant, or major contracts to perform services.
c. Any transactions in which the applicant or any relevant corporation sold or exchanged any major assets (aircraft, land, buildings, etc.) during the past 6 months, or plans to sell or exchange within the next 6 months, including how any funds realized from those transactions were, or are intended to be, used.
d. Any liabilities of the applicant or any relevant corporation that are more than 60 days past due at the time of the application, including the amount and the circumstances under which they are past due and will be paid.
e. Any contingent liabilities that may have an effect on the applicant's or any relevant corporation’s financial posture (e.g., lawsuits, pending judgments), including plans to meet those obligations.
f. Any events that occurred after the preparation of the most recent financial statements that may have a significant impact on the financial position or on the operations of the applicant or any relevant corporation. If no such events have occurred, provide a statement to that effect.
https://www.transportation.gov/sites/dot.gov/files/docs/Certificated_Packet_2012_final.pdf
Someone offered $0.06 earlier.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140490849
Or they had no bidders. Even if Baltia was the only bidder I doubt Xtra would even consider it.
Low sell volume also indicates low buy volume.
In the coming weeks is the new Soon.
In the coming weeks.
They don't speak very highly of Frank in the complaint. Some of it makes you wonder if he and Tony schemed together to pocket the SongBird nonrefundable deposit.
Frank said "AerLine Holdings, a sister company of AerSale, expects(not will be) to select a buyer for XTRA Airways before the end of April 2018."
That was before the $50 million dollar lawsuit was announced and is a huge presumption they actually had bidders.
There is only one person smart enough to attempt buying Xtra with it's pending lawsuit.