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On or Before 9/15!!!!!!
FAA 121 certificates are perishable and don't last long after the holder stops operations. Songbirds is likely non transferable now but definitely won't be any good if Tony blows thru the 9/15 acquisition date.
3 1/2 months since the SHM on 5/11 and the financials still aren't corrected/updated.
It is over.
Tony can't escape the past, the financials must be corrected. If that doesn't happen, the company can't continue as an entity.
mysterymeat:
If Tony wants to do more glamour shots for Baltia, he needs to hire a photographer. Cell phones pics just don't cut it.
Robodog:
What kind of advertising campaign use cell phones to film with?
redesky7:
Excellent point!
Tony hasn't even bothered to spend a $100 to change the name from Baltia to USGlobal.
What happened to the increased transparency Tony promised at the SHM on 5/11?
Do you count the cell phone pic of the two hot chicks as part of that transparency?
Firestream:
This is the end for Tony and company, if he doesn't get it done by 9/13 Baltia will slide very quickly to .0001. He will have lost the little credibility he has left.
Speckulator:
The signed, submitted and definitive purchase agreement to buy Songbird in less than 3 weeks is really the beginning era for Baltia, Tony and shareholders. These are exciting times!!!!
Tony has a lot of work to do in the next 3 weeks!!! However, because he has an all star staff and two super hot flight attendants, it should not be a problem.
pfgolf:
.0001 is my target price for Baltia on 1/1/2018 and after.
Has Logistics Air actually filed suit against Baltia? I am not sure that has happened yet although we all know it is coming. If it has been filed, please tell me whether it is in federal court or state court, and which state if it is in state court. It is important to know so that we can get a copy of the complaint and response for investors to review.
Time for an update on the financials!
In less than 3 weeks, Baltia will be the proud owner of Songbird and will have a fully FAA certified airline, ready to start selling tickets.
So your theory is Tony hired real stewardesses when he has no plane, no pilots, no FAA authorization to fly, etc.?
Firestream:
Tony has demonstrated he has priorities!!! A lot of guys have a fetish, it is nothing to be ashamed of. Perhaps Tony has a stewardess fetish? If that is the case, I applaud his choice in ladies. However, the pic was clearly taken by a cell phone.
mysterymeat:
I kind of suspect that they were high end working girls, paid for with the last of the preferred shares money.
Robodo
Just so we are on the same sheet of music, the $125 million that Baltia got from investors is all gone....all spent.....all wasted and not available to fund the Songbird acquisition.
In six months the payment is due on the preferred shares....$720K worth. However, the joke is on shareholders because to can pay it in shares. To make that work he is going to have to increase the AS.
Baltia is a total joke! Tony promised transparency...yeah that is going great. The audit is going great, as is the negotiation with Logistics Air, the resolution of the debit with St. George Investments and the name change.
What have investors received? A picture of a toy plane!!!
All they need to do is a reverse split, come up with a new series of somewhat credible PRs and start selling a mountain of private placement shares. It worked before and it can work again!!!
Nickleordime:
You have a point.
23 days until the Songbird acquisition is complete!!! Wow, huge news!!! Time for Tony to issue a PR and get the investing community fired up!!!
Tony promised at the 5/11 SHM that the company would be more transparent and keep shareholders informed.
Has he lived up to that promise?
It is time for disgruntled shareholders to make their grievances known to the SEC!!!
Firestream:
It doesn't matter what Tony posts on his website. He has a lawful obligation to correct or modify an inaccurate SEC filing. Will he do it?
Shareholders need to hold Tony accountable for his claims.
Firestream:
Tony can issue another 8K if the Songbird deal has been altered. Otherwise, he had better own Songbird on 9/15 or the sky will fall on Baltia.
An 8K is a legally obligated notice to the public of a material event. You can look on the SEC website as to what constitutes a "material event". If that material event changes enough it becomes another material event and requires a second 8k by law. PRs don't not fulfil the legal requirement of providing notice of a material event.
For those that say the Songbird acquisition won't happen on 9/15, just remember what an allstar team of top professionals Tony put together. Do you think John Lampl with three decades of experience in the airline industry doing PR would allow Tony to issue a PR that has a material error? Not a chance!!!
We are on day closer t0 9/15 and the acquisition of Songbird!
Delta is an actual company, with employees and airplanes. If Baltia has employees, it is a mystery how they are being paid but Baltia obviously does not have aircraft.
Tony can take a few minutes out of his very busy day to address a concerned shareholder.
Yes, just call Tony! He loves to talk to shareholders!!!
mikekrane
It will happen SOON
SOON for Baltia means anytime between Monday and never.
I will give you $2 for the USGlobal coffee cup.
Firestream:
You are essentially acknowledging that Tony's PRs are total BS.
As per Tony's description of the contract, 9/15 is the final day for the Songbird acquisition.
That is a FACT.
If Tony doesn't effectuate the Songbird deal on or before September 15th, Baltia is done as a company. We all know that is true.