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.
I do not believe that is quite right. BLTA will not be completely revoked. Otherwise, they would have already been gone. SEC will just keep them in the greys until, if ever, new developments should occur. Also, little Tony is still President until a new 8-K is required announcing a change. Revoking is and never was written in stone by the SEC. The biggest problem for shareholders is not little Tony or the SEC or lawsuits or even the greys. But the O/S count. You know the first thing to happen if BLTA should ever even find a gas pump again, if they ever did in the first place, would be an enormous R/S, something like 1 for ?????. IMHO
Lets see now. There are 10B shares out, and there are 7 1/2 billion world population. So that is little more than one share each for every person on the face of the earth. And I said 5 months ago that Cellucci does not have a home living address in Texas. Where upon I was told this is normal for this type of business and......etc. Hitler said--great liars are also great magicians. So the beat goes on.
Any thing can happen and of a 100 scenarios. Though the CEO is no friend to shareholders the out come may be in our favor. We shall see.
I am going to give it a shot this week at 5M, limit order at .00001 and see what happens. Based on the last 8-K the thing has been giving to Clinton Wise and transferred to Hudson, Ohio. May be this person might has plans going in a different direction and therefore get a pump started. We shall see.
Website down for maintenance-NM
No one knows.....except maybe the CEO. NM
Sorry....its a mistake.
Yeah....big news after close
I payed for a background check on Webb.
And he has no criminal and no civil records
or bankruptcies. So now we wait for good PR.
on the grays, yes. otcmarkets.com NM
If I don't hear any thing back,
then I do not believe its of any significance
to worry about. And I'm not selling my shares.
I do believe that the CEO and BOD are getting
heat from the two major shareholders. We shall
see.
I mean "aware." NM
We are allow of this fact. NM
otcmarkets.com NM
Thanks very much for the posting.
I did do a background check on Webb, and
he has no criminal and/or bankruptcies.
So I'll just wait for the false PRs and
the pumps and then sell. Thanks again.
Really good information.
Why is this still trading? Or
maybe they didn't go through with
the form 15. Mystifying. What
ever happens, I just hope me don't
lose our share count in some kind
of deal.
Warning. I can't find the O/S count
as it is today. Been looking for the past
2 hours. So I sent an email to the company
asking. That's the only thing holding me
from buying. Of course it would be better
to wait and see the SEC filings. However,
by then, the PPS could be much higher.
Sue BLTA? What for? They don't
have any money and it would be in
the courts for years....etc.
OK, I read it. But what I said still
stands. Judge Hardy will throw this case
out or rule against it. If you make a bad
business deal the government will not
come and save your ass.
BLTA is such a mess.
"Great liars are also great magicians"
Adolf Hitler 1923-
O/S count is growing while PPS is
dropping. Now 24 1/2 million. Toxic
notes are coming, quickly. Then next,
a hugh 5000 or 10,000 R/S screwing the
shareholders with know hope to recover.
That's the way DRYS worked it and FREEF
will work it the same way. Two months
ago FREEF had only 5 million O/S.
source:
otcmarkets.com
Monroe...any claim Logistics has against
BLTA will be thrown out of court by the
judge on first day. There is no law
in the land that protects anyone for
their own stupidity. Logistics knows
this, and they took the risk anyway.
Did you get the packet and is there
a minimum amount required? Thanks.
If Tony got a plane then Logistics
would have to cut a deal with BLTA for the
debt. And Logistics would be happy with that.
Otherwise, as it is now, they get nothing.
They might even put one of their folks on
Baltia's Board and hope for the best.
Otherwise they don't get anything. In reality
it's more of a debt, than a judgement.
And anything can happen. Lets see.
I emailed the company late this afternoon
to ask if they have been drilling since June.
We'll see if they reply. You said something
in your post about "20 barrels of oil a day."
They wouldn't drill for that little amount,
ever. A well would have to bring in at least
150 a day to make it worth anything. An oil
well pumping 20 a day is called a stripper
well and near to the end of it's production.
Unless they do a work-over and that's costly.
There's a thousand stripper wells around
Snyder, Tx. where I grew up, and there was
an oil boom there in 1950. Also, those
places NMEX intent to drill are not too
far from Snyder (Scurry county) and has
natural gas on top of the oil. Natural
gas is worth more than oil. So they will
be getting that, too.
Lets see what happens.
The link......go to freeseas's website and
click on "fleet." They say two vessels. The
site is dated 2018. However, if they said
none as late as Aug 3.....then I guess that's
it, none. For some reason I could not bring
up the Aug. PR.
I have shares in Box Ships Inc. Another Greek
Shipping. They went dark. I've just been
watching FREEF a long time, no shares, but
maybe later.
They have two handysize vessels of
which one is owned and one is "bareboat chartered"
(leased).
source: company website and their recent SEC filing.
The SEC filing says one vessel. But since then two
vessels.
O/S count is now up to....13,827,921 as of 7/12/18.
source: otcmarkets.com.
Toxic notes are and shall be coming driving share
numbers higher. Then another R/S. That's the way
it works. Paragon Shipping Inc. and Box Ships Inc.
have filed Form 15 (going dark) and any day now will
stop trading. PRGNF TEUFF
TVOG signed the July 24th 8-K. Do
you know the O/S count? otcmarkets.com
says 15M, but that was in 2013.
They could be deluted anyday now
by the SEC.
How long can Box stay dark without
any consequences? Anyone? There has
to be a limit.
Thanks for the tip as I bought in.
The O/S count is not too bad. And I like
that they are branching into other sectors.
Interesting indeed.
I've been researching these two: DLTA and TVOG.
To the best that I can find is none own any
assets at all. So far its just a lot of big
talk as if they do have assets in this state
and that state so they say. But in reality
I don't believe they have anything but paper.
TVOG recently changed their name to Turner
Venture Group. But their website expired
July 6, 2018. www.turnerventuregroup.com.
All they have is just a lot of stuff to read.
Stuff and intentions and talk.
My source of information is Schwab, where I
have an account. I'm moving on and looking
else where for investments.
412,384,316 common as of 3/19/2018.
There shall be a R/S coming sometime
down the line. Bet on it. Good
company. But that's just the way
it works.
The 8-K is interesting if all said
is true. Lets see what happens.
This is the way its going to be
if they want to get another ship.
Common holders shall be paying
for it.
sometimes the hammer doesn't fall.
the sec just leaves it as is.....in
the gray sheets.
BLTA is still trading.....as each day
passes the greater the possibilities.
"It's tough out here."
Mike Ditka 1983
head coach Chicago Bears-
two Super Bowl rings with
Dallas Cowboys and Chicago Bears
Who on earth is running this company
now? Someone brought Jordan on board.
But who. A lot of big talk going on,
and I just hope they can do half of
what they say will be done. Could be
a hot toddy or a cold pancake down the
line.
Lets see what happens.
How is it they have been able to
stay on the big boards when the stock price
has been this low for so long? Anyone?
Thanks very much.
Obviously the SEC is not going to
kill BLTA from trading, otherwise, they
would have already done so. The future
plane or lemonade stand is on the grey
sheets. You can buy 1 million shares
for a hundred dollars. Some one, some
time, shall come along and take over
BLTA and inflate the stock to about
.005. And gee! Look what you will
have. History almost always repeats's
itself.