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Luna Tic:
Neither Baltia nor any of the presumptive defendants bother to respond to complaints. There is every reason to think these complaints would end in default judgements.
Whether the judgement could be effectuated into money is another question.
There are some good targets on the BOD that probably do have money.
It is likely that Toño stands trial.
Baltia's Greatest Prop, N706BL, has been completely deregistered.
https://registry.faa.gov/aircraftinquiry/NNum_Results.aspx?NNumbertxt=N706BL
Monroe1, you are not insinuated That John Drago would be a better CEO? Or Nico Anthony?
Asterixus:
There is a $25 million judgement against Baltia. If the company gets anything of value, Logistics Air will enforce the judgement against it.
There is no possibility of success. If Tony wants to start an airline, he has to walk away, spend $125 and create a new debt free NY State Corporation. It would be insane to try to salvage Baltia.
Tony very likely has real problems on his near horizon.
Tony promised Maduro all the stone crab legs he could eat for a year.
BREAKING NEWS
President Nicholas Maduro just gave USGlobal Airways a certification/license to fly domestically and internationally.
AK:
Baltia does have a few other assets. There is the model of the USGlobal Airplane, a fax machine and a gold plated crab claw cracker.
Prison for Tony, Lampl and Drago is a good start towards making this right.
It is an amazing twist of events when people get excited by $5-6 worth of shares trading!
Drago is able to make money from Baltia in any trading environment!
This process won't take long. If our 13D filer doesn't want to sing, he will likely be enjoying institutional food for Christmas. Federal courts typical move their criminal dockets quickly.
LTO:
Let's just say it would not be the first time that kind of thing happened.
Where did Toño get the $1 million? He was flat out broke then he rose $720K with the preferred share sale. Where did the rest come from? Raise any suspicions? Check hut involvement?
I think we will eventually know the answer to every single one of those questions.
Is it possible that the US Attorney is just doing a squeeze play on our 13D filer to get some cooperation?
LTO:
Don't believe everything you read in SEC filings.
Could the 3rd party have been the check cashing hut? I don't know but I don't think this story is even close to the end yet.
AK, that is probably because the deposit wasn't to Songbird, it was into a person or people's pockets. Can you say check cashing hut?
I stand corrected.
LTO:
Interview Songbird personnel and check their books....they are more likely to be truthful.
LTO, Tony and the crew likely found some way to pocket most of that $1 million, bet on it!!!
Igor was an engineer, Toño is a waiter.
Toño can explain it to a jury when the time comes.
Tony and the gang will be happy to hear that.
Monroe1:
If you don't mind paper shares and you are willing to pay cash, I think you could end up owning 15-20% of the company for $10K.
Was HQ hard at work when it failed to respond to the Logistics Air lawsuit?
Will the whale roll on Tony and the gang? Stay tuned to find out!!!
No, he really did do a gofundme type page...here it is, https://www.crowdfunder.com/baltia
It looks like PapaNasty is swirling around the toilet bowl now. He is pretty old to start a long sentence at this point in his life.
LTO:
Taking a loss personally on this scam is bad, but encouraging your family to take a big hit with you....well, that is going to lead to some unhappy family gatherings.
Co-conspirators ought to be running to the US Attorney to offer testimony in exchange for a sweat deal.
LTO:
I was never clear what Felix the Cat's role in all of this was.
Perhaps I can read about it shortly?
I guess the Baltia pool parties are canceled for the next few years.
AS soon as Lampl gets back from Peru, he will get this all straightened out?
Or, will he be put in handcuffs?
Even in rural areas of Peru, it is possible to get on the internet. I hear there are excellent seafood restaurants on the Peruvian Coast!!!!
Certdog:
There are 2 indictments, one is still sealed. The word on the street is that we will recognize the names in the second indictment. The culprits either have already been arrested or will be in the next day or two,
I was working my way in that direction but instead asked him as a follow-up question what his connection to Drago is? He hasn't responded.
Here is my recent exchange with Neddie Boy, I sent my question months ago:
Me: