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what is 'for a while'?
please define....
OMG...what a ride here; from zero to +100% and then back to -20% in just 24 hours.....wow!
I would have bet on a bounce today....but reality proves me wrong.
and you think he can't talk for himself?
Besides that, how might Tony define 'for a while'?
That's a worthless statement, typically Baltian style.
A while might be anything between two or three weeks and two or three years.....
and when do you think this reflection will start?
of course I was talking about having bought shares on the open market and not with Baltia directly! I have never said otherwise...please don't twist my words.
We all have bought shares OF the company Baltia Airlines...and BTW, I'm not obsessed with Baltia, I was just responding to your post why 'everybody' seem to be relating US Global to Baltia and its past...nothing more.
Just wanted to explain the sentiment here. It is the same company here just with a new name and, yes, ok, 90% with a new management team as well.
I still have shares in Baltia and they will get transferred to the new name and ticker, hence it's not a completely new company - period.
Not saying this is good or bad...just want to stick to what is and how things are.
The name change is necessary to attract new investors and not to have them influenced by the past of this company...nothing else. So, for us invested this is to be considered being positive, no question. But we should all stay with the facts....
Peter
because we all have purchased shares of Baltia Airlines?
US Global can't be a completely new company when my shares just got transfered to the new brand name and ticker symbol. Logically there must be some kind of relation between both names/companies, right?!
And the company we all have our shares in burned those $100mil.
Peter
ok,ok, let's wait patiently then and see what end of July brings!
Peter
well, name change e.g.? or any additional step having been accomplished like crew hiring, training start, something more about this NDA....I guess there are several things in the pipeline here...or at least I hope so!
The longer they wait the more it'll remind me of Baltia Airlines!
Peter
that's still another six weeks!
I can only hope that there will be something released or PRed during this six weeks...we are still in good old Baltia mode as it seems!
Peter
oh, oh...here we go with the .007x!
.005x coming soon...time to invest then
Peter
lol...yes, just now and only for 200k shares....not even worth mentioning.
Good try though...
Robo, please...this is what I have been hearing here for the last three years now!
But you are right, July is going to be quite interesting as another deadline is due by end of July as we all know!
If they take that aircraft...great in many respects and yet more great things to come then for sure.
If they don't take that aircraft by then...then welcome back trips!!!
Peter
no, they are not holding up to their shares - they're willing to sell them for .0056 which is the current ask.
It is just that nobody wants to buy them.
no, wrong...the ask is at .0055...and no one is willing to pay that redicuously low price!
no one wants to buy at these rediculous bargain prices???
Strange...
wow - high volume day today as it seems...lol!
me too
guess it won't take long until we can invest here
Peter
quote from the 8k issued May 9th:
" Item 1.01 Entry into a Material Definitive Agreement
On May 9, 2017, Baltia Air Lines, Inc. (the “Company”) entered into an Aircraft Lease Agreement (the “Agreement”) with Kalitta Air, LLC (“Kalitta”), pursuant to which the Company will lease a Boeing 767-400ER model aircraft from Kalitta. Such aircraft will be equipped for worldwide geographical operations. The Company will take delivery of the aircraft no later than July 30, 2017 for a term of 24 months unless Kalitta recalls the aircraft for conversion from passenger use to cargo. The parties may also choose to extend the term of the lease. Under the terms of the Agreement, Kalitta is required to provide the Company with all historical records related to the aircraft airframe and engines in order to meet regulatory requirements. No later than five business days prior to the delivery date of the aircraft to the Company by Kalitta, the Company shall pay to Kalitta a lump sum basic rent payment. Thereafter, the Company will be responsible for monthly maintenance fees in connection with systems, zonal and structural checks, accumulated flight hours, accumulated flight cycles, landing gear overhaul and certain heavy repair maintenance. The Company intends to use this aircraft to obtain its Air Carrier Certification with the Federal Aviation Administration, which is currently in process. "
The lease agreement has been signed!!!
Peter
what is that talk about signing the lease all about?
It has been signed and was 8ked on May 9th!
That is a lease contract signed by Baltia Airlines....period!
"...subject to receipt of necessary permitting and financing"
lol...that's just great. So it it very well realistic to say that they might just not get the necessary permitting and financing.
Only not getting the permits would result into a total loss of one's investment!
How many times did I hear those stories about doing some testing, acquiring for necessary permits etc, etc...here in pinky land!
Once they have their permits it might make sense to invest here...until then I consider this a 1:1000 chance (if at all) to see a positive ROI.
Peter
the lease already has been signed!
Wasn't that even 8ked? At least it was announced during the SHM!
I didn't talk about starting business in July!
I was only talking about getting the plane and sorting out the financials by end of July!....huge difference, right?
Peter
well, the first real big step for me is getting the plane no later than end of July!
Ok, getting all the financials cleared should happen in parallel to that.
To see both points finalized and accomplished by end of July would convince me to stay invested and to become hopeful that certification might really be possible this time...we'll see.
Peter
well, thanks for the confirmation and for the decent explanation about the rush of getting the votes in.
So, by end of June we should eventually have our US Global then.
Plus another four weeks max to acquire the aircraft from the lease contract, right?
I expect an interesting summer this year....finally!
Peter
so what was the fuss all about then???
yes, seriously...what else?
they are hiding the real reason for this voting propaganda...that's for sure.
Who would care whether it's the 9th or the 6th of June to have it ended?
Doesn't make sense to me.
So, it looks like it's going to be the 9th anyway.
So, by next week we might have the new name to this company.
Let's see what will be different to our old beloved Baltia!
8 weeks left now to pull that lease and get the aircraft!
Guess they are really busy behind the scenes to get things moving to turn that lease into reality and to move forward with that damned certification process that we have been waiting for for the last couple of years!
It's about time Tony!
Peter
so much pressure and efforts to close the voting process prior to June 9th!
Well, today is June 5th....where is the 8k announcing the name change? I mean, if it is not being officially announced today what was all this fuss about getting those votes done?
Peter
Ok, thanks a lot for this explanation!
maybe you can explain something to me:
if all no votes would be transferred into YES/YES or FOR/FOR and if I wanted to get through this voting process as fast as possible (sending out someone like you to even accelerate the process), why would I then extend the voting period to June 9th instead of leaving it at June 1st?
Why would I even ask you to tell everyone on the boards to vote?
If a no vote will be counted as FOR/FOR anyway...what's the sense of all this?
Would appreciate your feedback.
Peter
that's indeed a good and promising sign....good find!
Peter
it's a rebranding of an existing company NOT a new company...only a new name!
And as of yet this is still Baltia and not officially US Global yet.
Just to stay with the facts....
Peter
yes, and regardless of this worthless discussion about a typo on a website, pps keeps on going down here!
Guess we need a little more pushing here! Or acomplishments to be made....that would be good as well.
Peter
come on...that was a joke with that typo!
But for the rest that was meant seriously. What are the next steps after that name change? Had that been confirmed at the SHM?
And Kalitta certainly has the right to withdraw that airplane...that was clearly written in the lease agreement. Not saying they will...but they could.
Peter
ah, a typo...that must be the reason why pps is fighting so hard to stay above half a penny ever since that life changing event SHM!
So, again, once that name change is done, what will be the next steps then for USGL?
What needs to happen before they turn that lease into reality?
Unless of course Kalitta decides to pull this aircraft away from USGL for their own operations as they are entitled to do.
Peter
we are all in...we don't need good entry prices any longer.
We have had good entry prices for the last couple of years!
How about getting good exit prices now???
Peter
what do you mean by 'they can't get it done'?
we are down some 9% again; we can only hope that to the EOD some small buys will bring it back up to where we were yesterday.
Long time since we saw .006 here.
Peter
you ever heard about 'reading between the lines' or neuro linguistic programming?
It is actually the same like giving open advice to people...it's just more hidden. And one needs to be very good at it to turn it into success (however success is being defined here).
In the end it's even a better way of manipulating people than to just openly advise them what to do.
Just saying....
Peter
when can we expect the 8k about the name change?
I thought it was kind of official right now?
What's next then on the agenda....can anyone confirm here?
Peter
well, at least a green closing which is a nice change of colour for the time being.
Peter
forth day in a row closing red???
As I said, the name change won't do it....we need more than that.
Peter