http://ih.advfn.com/p.php?pid=nmona&article=74147091

I hope it was not a discounted price per share.

Is Cartman right then, does this mean dilution?

At 10 cents why dont I see a filing from Eves that he is buying shares, if such a great deal and opportunity? This action would be louder than words if materializes and send investors a very strong message that he truly believes in what is being said.

Why didnt Eves share specifics about the Wyoming visit, I wonder why the business leaders attending did not make a bid for CCTC after hearing about what they can do for coal and their businesses. Why are they not flocking and eating CCTC's technology up in the most bullish coal landscape, why are not others knocking at their door? I would have thought there would be a mad rush now.

Everyday we are seeing a gradual climb, soon the PRs will hit the market. In the meantime another 12 mill traded yesterday probably profit takers, soon those will dry up too. Lets see what happens.

A 3 mill trade just went through .0060

Now its Oct 1, speechless!

February 03, 2017 09:00 AM Eastern Standard Time

JAMAICA, N.Y.–(BUSINESS WIRE)–Baltia Air Lines, Inc. (OTC Pink: BLTA) (“Baltia” or the “Company”) announced today that progress continues with the Company’s air carrier certification process as well as its restructuring.

Baltia’s executive management team is soaring back into the exciting world of air carrier certification. After lengthy negotiations, Baltia and the Federal Aviation Administration (the “FAA”) have entered into a Settlement Agreement which authorizes Baltia to re-engage in the air carrier certification process. Pursuant to the terms of the agreement, the FAA has agreed to withdraw its proposed denial of Baltia’s certification and Baltia has agreed to withdraw its appeal and request for a hearing.

Baltia’s President, Mr. Anthony D. Koulouris commented, “I am very pleased with the FAA’s decision to allow us to re-start the certification process and we are eager to get it under way while we are restructuring the company. Although this has been an extremely challenging time for the Company, it has given us the opportunity to stand back and take a look at our organization, assess our strengths and address our weaknesses. Throughout this review and negotiation period with the FAA, we underwent substantial changes that we feel contributed to the FAA’s confidence in our organization.”

A thorough review of Baltia’s organizational structure was completed, which included utilization of risk assessment and mitigation processes. Baltia’s Chief of Operations, Ms. Sheryle Milligan, stated, “This internal review gave us the opportunity to begin the transition to a new organizational structure that brings us more in line with industry standards. Despite challenges, our executive management team remained focused on the task at hand and worked to restructure the Company and realign various departments to meet the necessary desired goal of having an efficient and successful organization.”

Following his appointment as President of the Company in November 2016, Mr. Koulouris has focused his efforts on streamlining the Company’s internal structure, meeting with employees to define roles and responsibilities and establish goals for 2017 and beyond. “The concerns of employees and shareholders have been incorporated into the new corporate vision and strategy and the executive management team remains committed to launching the Company’s next phase of operations. Throughout the settlement negotiations with the FAA, the team consistently demonstrated its ability and determination to make this project a success and I am very grateful for their contributions and dedication,” Koulouris continued.

As stated in the Company’s November press release, the Board of Directors intends to hold its annual shareholders meeting on or around Wednesday, April 19, 2017, and with shareholder approval, the Company intends to change its name, execute a reverse stock split and trade under a new ticker symbol. The time, venue, and agenda of such meeting will be communicated to all shareholders of record in compliance with SEC guidelines.

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain statements relating to future results or events, which are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934.Words such as “expects,” “intends,” “plans,” “may,” “could,” “should,” “anticipates,” “likely,” “believes” and words of similar import may identify forward-looking statements. These statements are not historical facts, but instead represent only the Company’s belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that the Company’s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further, information concerning the Company and its business, including factors that potentially could materially affect the Company’s business and financial and other results, are contained in the Company’s filings with the Securities and Exchange Commission, available at www.sec.gov. All forward-looking statements included in this press release are made only as of the date of this press release, and we do not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.

I bet we hear about management appts to build the team, plane update and meeting date with FAA this week in a PR, lets see if I am right.

I guess the FAA might have admitted of wrongdoing as part of the settlement? Or that they can do their job better rather than be an obstacle? "Most efficient way" statement seems to suggest that. Seems like they are willing to help us get to being certified.

.007s tomorrow

GLTA

In line with the expectations set by the new management team, the airline formerly known as Baltia Air Lines, continues to make significant progress with regard to re-establishing their relationship with the FAA. Sheryle Milligan, Chief Operating Officer, has been working vigorously to strengthen the airline’s ties with the Federal Aviation Administration. This has enabled the new company to establish a strong foundation, which when built upon, will allow the airline to scale operations at a level which hasn’t transpired in the aviation industry in over a decade!

The PASI (Pre-Application Statement of Intent), recently released by the FAA, shows their desire to work together with the airline in the “most efficient way” possible. The change in FSDO (Flight Standards District Office) from Michigan to Indianapolis, allows the airline to exercise the provisions of the settlement agreement, recently entered into between the airline and the FAA, with priority handling.

http://thefightforflight.com/2017/03/19/airline-receives-pasi-acceptance-pre-application-statement-intent/

Hoping the shareholders meeting is held outside on the tarmac next to the planes :)

This is getting very exciting!

https://flightaware.com/live/fleet/CKS

Kalitta Air 9764
CKS9764 / K49764
EN ROUTE
Landing in 3 hours 23 minutes
LETL
YIP
DETROIT, MI
LETL
landing at
Willow Run - YIP
FRIDAY 2017-MAR-17
07:06PM UTC
(47 minutes late)
FRIDAY 2017-MAR-17
09:07PM EDT
(47 minutes late)

2h 38m elapsed
6h 1m
total flight time
3h 23m remaining

50 percent of the closing price next year not now. Gotta love it!

Thanks to Ken :)

Why do they need 3 planes? Just one for the cert. It's obvious other planes are in the works my hopes are cargo and passenger service.

Another planet left Europe

BB buying

I am not saying that, I am saying they have a $ target plan on what to do with the funds from the offering and the plan is to roll that out at the shareholders meeting for a fireworks show. That can change at anytime though, its up to them.

They have a target to meet and will then hold the shareholders meeting. They also have a plan on what to do with the funds received by the offering.

Ask yourself what are they are gonna do with the money they receive from the offering? I would think all positive things that will affect the company moving forward.

Does anyone know if Eves is buying at 10 cents with his own money? That would send me a message that his actions follow his words of great opportunity.

I think a 100 to 1 RS would be great for the company, it would reduce float, up the price per share to 60 cents and potentially bring in a whole new group of investors including mutual funds if it trades above a dollar. The chances are then greater to get out of the pinks.

Re the shareholders meeting, who cares when. There is a ton of stuff to do, also maybe includes a media blitz. Take your time Tony do it right the first time.

I heard 100 to 1. That, if true, would take us to 60 cents a share. Total outstanding 100 million of that 40 million held by insiders. If it gets over a penny now or a dollar later, a whole new focus and maybe new trading exchange. Lets see what happens

Very good sign, lets see where it closes.

Old news, the application was shared in the most recent PR. Sitting on the sidelines for now.

Why doesnt Eves buy some shares with his own money at .095 if such a great opportunity? That action would send investors a good signal.

Thanks I am not chasing hope though, I need concrete development to get back in.

Started selling at .14 to .10. 1.25 mill nothing from Wyoming

Sellers cant bring it down, fundamentals and forward looking is too strong.

Very very sad, I am out! I will buy again only if I see a concrete development from Eves. He had his chance Trump won in Nov. Nothing doing so far its Mid March. No more string along Sally PR's for me to get my hopes up. Cartman wins.

I just heard the DOE doesn't have to give CCTC an answer at all. They can just let this sit on a shelf for years. There was no formal request for assistance made by CCTC. Nor did the DOE give them a date to have an answer. It was more or less a come see what CCTC can do to create jobs. Why didn't Eves saying that. Instead of talking in general about Capital hill and the DOE. Why not talk about specifics?

Too much momentum to stop this. Also high expectations about the meeting driving this up.

They will announce the meeting once they hit their funding target imo. They want the meeting to be " the one " of all meetings. To quote LT, the stuff movies are made of.

Its not a pp offering, its a buyback offering. I feel very confident based on their plan what to do with the money, there is alot of things they can accomplish if they get their target.

.0055 and counting....Thats what we get when no dilution is announced, upward momentum will take this over a penny maybe as early as end of this week, but most likely before the shareholders meet. Very good decision by Tony. Lets see what happens.

I hope to see Barry there. Shake his hand the guy has been through alot.

I received the 47 page document by email. I could not imagine the BLTA from the past coming up with this kind of document. The strategy behind the offering is truly a different kind of Baltia. I can honestly say we are different this time, I guess Tony being the CEO is responsible for this new direction and not selling out the commons. There is alot of info there on what their plan is but its marked confidential so I cant say too much other than its very very positive.