Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Whales I am sure as all shareholders are focused on results. Great for all to be friends and enjoy each others friendship but not at the expense of no results. Thats the way I run business. Easier to be friends when we have results. Nothing personal just good business.
Last trade 200 shares .0018 is this for real? 36 cents.
Your probably joking but I will say this. If I develop new friends through business thats great. But in my business I dont put friends in front of business and goals or expect them to still be nice to me if I cant achieve their expectations. Its business first, friends 2nd. Everyone has their breaking point for no results in my business. Lets just leave it at that.
Xtra is keeping personal to run one airplane. Blta bid on Songbird. Xtra is a turn key opportunity. Songbird was not.
Cert, other than World do you see another start up such as Blta in their catergory type not Worlds that you think would be a potential fit for Xtra? Personally, from what I see in Worlds business model, they may not be in for this type of low level entry investment in Xtra. 2nd question if there is another start up like Blta....why in ur opinion, did they not bid for Songbird? Thxs
Thank you I also did that once in mid March and nothing. No reply no acknowledgment. An ackn would have been nice. Its ok no big deal. Hoping they are spending their time constructively.
I agree with you Rolph when talking about the trips. The current here and now imo maybe the trips as its deadsville no news no financials nothing good and the stock is at .0020. You are also correct on the suspension front....zero! I am hoping Tony knows those limits on time. Lets see what happens
Cert in March I called a few times only to get vm and no one called me back. We can speculate as to why bear and bull side but what I do like is that scripted imo message sent I think to Rab. Company is working towards its goals maybe its bs or maybe they are. If this stock surged to a penny because of a shareholders meeting what is the potential then if they execute a deal? Big risk but also big reward. If and when that happens we are overdue for some indication on whats going on but I dont think that should be rushed. I would rather see in print news than someone said something never to materialize. If not in negotiations I dont see why we did not get a quarterly update which I am guessing would have included a path thats just my guess. Truth is until we have confirmation we just dont know. Lets see what happens maybe nothing or maybe Xtra or maybe another opportunity :)
How do you know the $1 mill still with Xtra rumor or credible?
I dont know any details but I read World pr in November same time Songbird dropped. I am sure months before the World announcement talks re 777 group, business plan etc were discussed.
Look at Songbird why didnt World pick them up in November? Same one cert plane scenerio and cheaper than Xtra. Now go a few notches above that because of the turn key opportunity and ask who other than Blta but in the same emerging market strapped for cash and limited to that would buy Xtra? My point is imo World is out they and their platform is way above that one used plane scenerio. Maybe there are others in the same situation as Blta that would be a fit or as one post said a current cargo carrier that have been wanting to expand but dont have the or limited to cash. Then again why didnt they bid for Songbird? Getting interesting...
Rab good one at .0019 I was in there all week from .0019 to .0021 if we do get something positive a few ticks wont matter.
I am sure the pressure for execution is on from many fronts: financials, shareholders expectations, mgmt performance re buying a certified airline. Thats why its at .0020 no progress on the above so far. Lets see what happens.
If they execute Rolph then thats what I need to not sell but you take a more aggressive role. Time will tell and you? How many shares will you buy?
Rolph let me ask you a question would you buy if they do execute a deal?
Good point Rolph but where would the stock price be then? I prefer to buy at bottom I hope this is it not the top that is where if things turn around the tremendous upside is. Not for everyone it does take guts.
I am still buying Rolph. no anxiety at all. Its all good conversation bear vs bull aside from crabshack hair etc lets see in the end if my choice to buy near 52 week low was worth it. Time will tell....
According to the Feb 20 article the 52 week low was .001 and the 52 week high was 1 cent. The stock went to 1 cent or 5x the current pps on what? A shareholders meeting so then what is the potential if they indeed execute? Maybe a long shot to most but to me its worth the risk vs the reward. No news no financials deadsville just the way I like it while in accumulation mode .002. Lets see what happens if anything.
Rab I love it! Thank you for sharing :) He could have said there are no matters to discuss we are not in! The standard line no comment at this time lol. Working towards our goals and one of them is according to the Feb 20 article is buying a certified airline that surpasses the FAA process.
Lets see what happens if anything.
Because out of the 29 years, 28 years were spent on trying to get an old 747 certified. Under US Global, they failed 2x, 1 being the lease from Kat the other being Songbird. So really its only 1 year that they are on this new get past the certification process path.
When I look at Songbird, the plane was parked with no staff no routes.
When I look at Xtra, its the same one plane with staff and routes. Therefore Xtra or another turn key operation like Xtra would be an ideal fit for BLTA and to me, looks alot better chance of getting financing and investment dollars than Songbird. I also like Xtra because it doesnt have a fleet of 10 planes for sale along with the cert, if that was the case I would question if BLTA could afford it, but with just one plane and one plane scenario that Songbird had and they bid on it, maybe they can?
It's also been too quiet with no news but under the Nov 30 release and please read it, Tony spoke about similar options open to BLTA, time will tell what options he was referring too. We do know by the Feb 20 release that they want to pursue the path of buying a certified airline and surpass the FAA process, it rests on their shoulders to execute what they said, Xtra does seem like the fit from the outside, are they in on this or working on something else?
Lets see what happens, ultimately no one knows if BLTA is in on Xtra or not, but if not then what?
GLTA
Can you post a link?
In a statement John made Feb 20 he said they are trying to surpass the Dot Faa process by buying an already certified airline. If that is still the case and makes sense then why not look at Xtra its an ideal turn key opportunity.
When in negotiations to acquire many companies use that standard no comment at this time. No comment to me is positive he could have said simply NO we are not in for Xtra.
Keep in mind they did bid on Songbird with no financials.
Please post a link to back up your post.
Here is mine.
http://www.recordonline.com/news/20180220/baltias-plans-for-stewart-airport-delayed-again
If the Xtra opportunity is not a fit for BLTA I dont know what is? I would be shocked if Blta is not in on this opportunity.
Baltia's plans for Stewart Airport delayed again
http://www.recordonline.com/news/20180220/baltias-plans-for-stewart-airport-delayed-again
If the new buyer was to be World Airways with deep pockets why the hell do they need personnel from Xtra to run one plane? This is getting very interesting! Suuuurrrreee World is the buyer big disconnect to me. This speaks to an emerging markets start up with limited cash all over it. To me with the agreement of personnel it must be in advanced stages. Cert did send the March 16 article saying nothing about 737s for World. I bet they have been talking to a buyer for months not weeks. Lets see what happens.
https://www.bizjournals.com/southflorida/news/2018/03/28/coral-gables-based-charter-airline-posts-layoffs.html
So if World Airways was in play here why not buy the 7 planes before Swift did, along with the cert and 8th plane and do 1 PR?
Imo World is not a fit.
Redsky do you know how old that plane is?
How old are the 737s that Xtra has? I still dont think World with their amount of funding from the 777 group wants to start of with used aircraft. Does not seem like a fit to me with so much money available, why go from a Rolls Royce ( new 787 ) to a Honda Civic ( used 737 ) from the start and potentially tarnish their brand?
Lets see what happens...
Xtra offers a turn key business opportunity. The best to date in front of Blta and other emerging market type start ups. It would be easier to overcome the financing hurdle with this type of opportunity than anything I have seen it the past. Lets see if they execute.
Cert I dont think World Airways is a fit and here is why. Time will tell.
1. They are not an starving for cash they have better options
2. They did not bid on Songbird which tells me they are not interested in the these type of opportunities
3. World Airways announced they will be buying 10 new Boeing 787 Dreamliners unit cost is $240 to $325 million a piece, this is not an emerging market scrapping for cash type start up.
4. Instead of buying 10 in point 3, there are other low class carriers out there that are near breakeven that could be approached for sale by World, World doesnt have to wait for a Xtra for sale sign if thats the sub market they wanted to get into.
5. The syndicate of investors for World probably made a committment to them based on the 10 new Boeing order business plan and platform, how would they react to know that World is in the bid for Xtra starting and inheriting it off with a non money making business.
6. What are Worlds chances of passing with certification with a new 787 plane and doing it themselves, I am sure the probability of a pass are far greater with a new plane and the cost associated with that vs the cost of buying Xtra. The ratios of pass with this scenario must be in the 80 to 100% there must be data out there for prove that.
7. With the above in mind and the fact that World seems to be headed in the luxury new type market, I dont think they want to start of their business and brand with an Xtra tag.
8. The Xtra cert comes with a 737 plane.
9. World did not buy the 7 planes from Xtra that Swift bought.
10. Seems like they want to open up and hit the market with a new Rolls Royce Phantom not a 20 year old Civic. Branding is most important to these type of guys and the investor group committed funds based on that most likely.
https://worldairways.com/news/world-airways-holdings-announces-the-relaunch-of-world-airways
Lets see what happens, but Xtra and World are not a fit imo, if there are others like BLTA in that emerging market segment, then that would be more of a fit imo.
Any feedback and analysis re the above from you Cert is always appreciated.
Thats too bad for us if true, makes sense if World has more buying power than BLTA. I have 2 questions:
1. Why is Frank's deadline Apr 30? Why not just announce sale to World with the same 7 plane sold PR?
2. Thinking if I were in Worlds position.... would it be cheaper to go through the Faa process vs buying Xtra?
On point 2 Cert I recall you mentioned it would be when speaking re certification cost vs buying Songbird at that time.
MM that to me is a positive for financing and a draw for investors. The potential is there for growth.
I agree, Cert did say something to the effect of 10 maybe too much for BLTA.
The plane is gone the company is gone, interesting.... A thought did cross my mind if BLTA has anything to do with this. I guess not if Songbird did lose its certification I think I read that a month ago.
Thanks Rolph I can always count on you for your analysis on the other side. My view is they have a chance, lets see what happens.
Homemade moonshine that may help lol.
The prize is not Songbird, its Xtra lets see if they can pull through :)
In talks with an unspecified 3rd party
https://www.ch-aviation.com/portal/news/65654-aerline-holdings-confirms-talks-to-sell-xtra-airways
Xtra presents a turn key business opportunity. Better than the Songbird deal. Lets see if anything happens time will tell.
Answer: my business instinct. I also try and put myself in other parties shoes given a situation and try to guess their next steps, this strategy has been rewarding for me in my business and is advantageous re negotiations. I am not always right but the majority of the time yes I am. So lets see what happens this time. Imo the odds are in our favour with Xtra re financing because of the turn key operation Xtra presents.
I still dont believe they didnt have the financing in place prior to Sept 1 so imo something happened during the Sept 1 to Nov 1 period with Songbird.
Let me ask you to put yourself in a financier shoes and Songbird was at your desk and Xtra was at your desk, what would you do?
Time will tell if they get the financing or not, but to say they dont have a chance of getting it is unfair.
Good luck.
To me, today with Xtra being for sale official news is a better day than yesterday. Another possibility, more potential lets see what happens in the end maybe nothing no one knows until we hear it from the horses mouth. In the meantime I am adding approaching 100 million shares. Place your bet or not. One side will win.
Who knows no one. Maybe Songbird that plane is not for sale anymore, maybe Xtra and maybe nothing. Take your pick.
Rolph I think even if they do succeed you will have a problem with it. So do what you have to do.