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Is Tony kicked out of the house that was being foreclosed?
He is trying to stay out of the pentitentiary.
LTO:
Baltia's business model is crabs and hookers first, worry about the legal consequences later.
mystermeat:
To be fair, a legit PP sales consultant would not do business with Baltia so they probably did the best they could hiring CP. Also, CP doesn't mind breaking a few laws to bring in the needed and necessary capital, also a plus for Baltia. I have to admit, I kind of side with spekulator that hiring CP was a good thing for existing shareholders.
That being said, it was too little and too late to make a difference.
Is it a violation of the SEC regs for a 13D filer to try to intimidate a message board poster into recanting negative things that were said about the underlying company/stock?
(This question is about Baltia)
Ezekiel:
That press release is get news. That proves that CP Capital is the right "consultant" for Baltia. They are not afraid to get their hands and illegally sell PP shares.
Mit:
Some solid intel says the rat pack is being investigated now.
The people who bought based on inside tips got what they deserved....a little free market justice.
I think the SEC will bag Tony and Russ very soon on a civil punitive action.
When the SEC crushes Baltia like a cockroach on a cheap linoleum floor in a trashy trailer park in a meth head infested neighborhood, don't laugh too loud.
LTO:
I am not convinced that everyone was paying for their PP shares.
A lot of people made fortunes on this company, it just was not the people that were buying and selling shares on the open market.
Avatar will have the company certified with 12 months of picking up it from the BK receiver. Baltia is almost BK, time for the final push.
Mm, crabs are soo good...we need to sell more PP shares.
Igor made reference to a letter he got from the FAA immediately before the ASHM. Igor said that the FAA promised to work closely with Baltia as they recognized that Baltia had some extraordinary bad luck in the testing process. The MB all had messages suggesting that this meant Baltia would get some simplified process to certification. I filed a FOIA request for that letter. Guess what the FAA told me last week? That letter never existed.
Go Baltia!!!
Baltia could learn alot from the intense and effective approach Avatar has taken to collecting capital for their certification process. I bet a lot of the Baltia whales have already defected to Avatar and that is the reason they are doing so great. You never once hear their executives talk about 3 hour crab dinners or flying to Vegas on the shareholders dime.
Barry, Russ and Tony, please learn from the Avatar professionals.
The 10/30/15 email is old news, BUPKUS.
$270 in shares traded today....about the amount that Russ, Barry and Tony need for a really great crab dinner!!!!
I hope Russ, Barry and Tony get together for a nice crab dinner this weekend.
Mmm, crabs are soo good.
Monroe1:
People go to car races and just sit there all day excitedly anticipating the inevitable wreck. Participating on a stinky pinky message board is much the same idea. We are all just sitting here waiting for the final fantastic crash. We know it is going to happen, we just don't know the details or when.
Looks like Brad and his 20,000 pages of make believe Baltia materials may have surfaced.
The filing deadline is based on the date of the end of the fiscal quarter. In Baltia's case it was June 30, 2016. The link you provided is good, but you have to use the "Filing Deadline Calculator" which is about 1/2 way down the page. Plug in the end of the fiscal quarter, then Baltia is a "non accelerated" filer so select that and the form type is obviously 10Q, so select that. Your website calculates the deadline as August 15th.
I hope that helps!!! Feel free to ask any other investing questions. Here is the link you provided, thanks for that, http://www.secfile.com/our-resources/secdeadl...al_Reports
The easy way to find the end of the fiscal quarters is to look at prior filings.
The whales cashed out and are enjoying the spoils of all their hard work!!!
Integral:
Barry is not on probation as the SEC order is a civil case. The most the SEC/gov't can do is try to garnish assets Barry may have. Therefore, payment by Barry is somewhat optional.
Wick:
I doubt it but when the he doesn't pay, the feds are going to liquidate his assets so you never know.
Wick:
Read Barry's settlement agreement. If he ever does pay restitution (I admit this is highly unlikely)
wickw50:
Keep the certs, the SEC will distribute part of the restitution to PP holders. It is probably overly optimistic to believe that will be more than a penny per dollar but at least it is something.
Darth:
Kassar may have some incredible PP share deals for you!
Its just not as easy to find gullible 13D filers as it used to be.
speckulator:
Is the fact someone is "jamming Baltia's wesbite, proof that Baltia is a great company?
If the company does file BK, the court will liquidate assets. You know, the fax machine, a cell phone, the golden rooster logo and the corporate name. I plan to buy the logo. I was thinking I will bid $100.
Darth:
I doubt they have the money to BK the company. A personal BK can be as little as a few hundred bucks but a publicly traded company will be at least 25K, and may be lots more. The thing is, once they BK Baltia, it is over. If they don't do that, every shareholder suit (and there will be some) is going to name Russ, Barry and Tony personally. Although they have a pretty good defense, they will have to assert it each time and that may get expensive,
Go Baltia!!!
12K a month interest is only a problem if you intend to make good on the loan....otherwise, who cares?
Is Baltia making a good decision in failing to file a 10Q and failing to let shareholders know how the intend to handle the CVP debt due today?
The answer to that is probably yes.
It would be nice if the SEC/DOJ got even with Russ, Barry and Tony. However, I suspect that CVP has a much shorter disciplinary procedure, harsher sentences and there won't be an appeal. Good luck boyz!
It is a good time for the takeover rumors to start. A benevolent rich guy will buy the company and promise not to do a reverse split. He will then merge it with his $1 billion medical marijuana business making everyone rich.
Better load up before you miss out!!!
Million dollar fine...no problem, buy more shares.
No SEC filing.....no problem, buy more shares.
Recognition a shareholder action has been/is being filed.....no problem, buy more shares.
There is no slowing the BFFs down.
(a) Civil penalties to be used for the relief of victims
If, in any judicial or administrative action brought by the Commission under the securities laws, the Commission obtains a civil penalty against any person for a violation of such laws, or such person agrees, in settlement of any such action, to such civil penalty, the amount of such civil penalty shall, on the motion or at the direction of the Commission, be added to and become part of a disgorgement fund or other fund established for the benefit of the victims of such violation.
https://www.law.cornell.edu/uscode/text/15/7246
Pledge:
I will try to find the other lawsuit that is pending that is referenced in the SEC order and post it online for all to see.
Barry picked up a 1 year suspension from having anything to do with anyone selling shares, see below.