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Yep, the planes were only stage props.
I bet him and Tony share the same brain cell.
Or trust updates from Tony? He told back in November the financials were ready and now they're not.
Turns out a lot of the negative information posted was not misleading after all.
Best of luck to you, sorry to hear your stuck with millions of shares.
Patience, the government moves slow. But not as slow as Baltia's certification.
I think you should go after Papa Nazi and crew for making terroristic threats.
Bring on them quads before we see nadda.
The agency lawyers are get paid whether they're in court or not.
Just because there is no money to get won't stop them. A couple of months ago someone else thought Baltia was too small of a fish to get suspended.
Yep, there is a Whistle Blowers program with the SEC. If your tip or complaint leads to a monetary payout to the SEC you get a cut. But you have to file the tip through your attorney or attach your name to the tip.
I hadn't looked into before Monroe mentioned it. It'll be a bummer if they collect using the info I provided anonymously.
I'll have to keep it in mind for the next Stinky Pinky reveal.
Yes the financials are messed up bigly. Even Tony said 2015 & 2016 10-Ks could not be relied upon. Give him credit for a moment of honesty.
I agree with the others that have said it not a lack of funds to have them completed.
Tony told us 7 months ago 2015, 2016 and the first 3 quarters of 2017 were ready and being reviewed by legal. Maybe legal's recommendation after the review was not to publish them.
You don't take a company public to use your own money.
He don't need to drive no stinking Uber, he made plenty off of this scam.
That's why the DOW recovered some from it's low of the day.
Possibly, the only source of information of Igor's death was honest Anthony.
Don't get your hopes up. At best they might have to do some time at an extremely minimum security Federal Resort for white collar tourist.
Do you still want to buy 5,000,000 shares?
At least. On 4/22/2016 they issued 1,000,000,000 to themselves so that management would appear to have skin in the game. This occurred not long after they entered into a material agreement with ST George LLC. Which is another default nightmare they want to keep hidden.
Along with the $9 mil Logistic Air bill,
the $2 mil loan plus interest from Vic Bolanos,
non-payment on last year's preferred shares,
there is no telling just how much they owe Kalitta for storage fees on N706BL, the removal and shipping of the engines back to Logistic Air.
As part of the ST George of $650,000.00 loan, Baltia only got $500,000.00 from, another the Wall Street super genius agreements.
Baltia also agreed to file timely reports with the SEC, not get suspended... see paragraph/section 4
https://www.sec.gov/Archives/edgar/data/869187/000116519516000057/ex34.htm
There are another bad clauses in the agreement for Baltia.
https://www.sec.gov/Archives/edgar/data/869187/000116519516000057/0001165195-16-000057-index.htm
Only for the price paid for shares issued for cash during 2015 and I doubt that will change if it is ever corrected. The rest of it is from information filed on the individuals.
I have no way of knowing unless they file form 4s as required.
It is inaccurate.
SIEGEL, NED L 0 shares held.
Buckley, Daniel J. There is only a single form 3 filed and it does not indicate if the shares were awarded or purchased.
Malitsky Felix 0 shares held.
Milligan, Sheryle 0.000, her 10,000,000 shares were awarded.
KAPLINSKY, WALTER 0.000 his 69,429,394 shares were awarded.
THAL, Russell, 0.05 for 4600 shares. The actual date of this transaction is unknown, but represents shares purchased by the reporting person on the open market. Actual price is unknown, but the market varied in 2010 between .02 and .11 a share. The other 386,250,000 shares were awarded.
Barry only made 1 Purchase of 3,750,000 shares @ 0.008, the rest of the 447,003,998 shares owned as of 4/22/2016 were awarded to him.
KOULOURIS, ANTHONY D. the form 3s for 18,712,453 of his 118,712,453 shares, do not state whether they were purchased or awarded. We do know that 100,000,000 awarded.
ACQUAVELLA, FRANK A. the form 3s for 37,820,100 of his 217,820,100 shares, do not state whether they were purchased or awarded. We do know that 200,000,000 were awarded. There isn't a form 4 listed to account for the 20,000,000 share discrepancy.
Bolanos, Vick Luis, 0.005 based upon form 4s filed. It should also be noted that he actually Purchased about 80% of the 739,254,501 shares owned as of 2/8/2016.
Igor's average is 0.00, none of his 851,654,266 shares were purchased.
RUKMANIS, ANDRIS 0.000 his 6,468,750 shares were awarded.
Oddly, Drago, John A is not included in the Insider transactions listed.
How many of his 1,008,173,896 shares were issued for consulting is unknown. Based upon the price paid for shares issued for cash during 2014 & 2015 and the 1 schedule 13 showing he paid $1,000,000.00 for 140,000,000 shares, his average would be 0.005.
There are no contracts, understandings, or arrangements with respect to the securities of the issuer outside of the subscription agreements entered into at the time of acquisition of the shares, and prior consulting services agreements entered into with respect to earlier issuance of shares.
https://www.sec.gov/Archives/edgar/data/869187/000116519515000008/sched13D_2015_02_19.htm
I sure did. The Wall Street super genius is going to let the Revocation be finalized. Except for the last two quarters the financials were ready several months ago. Filing completed financials up to the latest required will not resurrect the revoked registration.
Don't let that stop you from buying more Baltia shares.
"defenseless proceeding" is they're guilty as charged. They have no defense, 7 months ago he said 2015, 2016 and the first 3 quarters of 2017 were done.
"While the deregistration in not enviable", It should have been ...is not enviable... or .....is unenviable. He is trying to say the deregistration is undesirable.
The SEC’s filing requirement is very strict and matter of fact? That just can't be true, some of Baltia's finest most trusted BFFs have told us repeatedly Baltia was holding them back to coincide with a big PR for maximum effect.
Most likely no one has placed a sell order at 0.0001 yet.
Nope, they have 21 days to file an appeal to the revocation. Baltia Will not file an appeal and the revocation Will be finalized on either 7/10/18 or 7/11/18.
Good morning Baltia shoppers, the revocation Will be finalized either 7/10/18 or 7/11/18. Buy at your own risk.
Not Bashers, Baltia Wrecking Crew.
Hopefully it is, but it might drag on for 3 more weeks.
This Initial Decision shall become effective in accordance with and subject to the provisions of Rule 360 of the Commission’s Rules of Practice, 17 C.F.R. § 201.360. Pursuant to that Rule, a party may file a petition for review of this Initial Decision within twenty-one days after service of the Initial Decision. A party may also file a motion to correct a manifest error of fact within ten days of the Initial Decision, pursuant to Rule 111 of the Commission’s Rules of Practice, 17 C.F.R. § 201.111.
The Initial Decision will not become final until the Commission enters an order of finality. The Commission will enter an order of finality unless a party files a petition for review or a motion to correct a manifest error of fact or the Commission determines on its own initiative to review the Initial Decision as to a party. If any of these events occur, the Initial Decision shall not become final as to that party.
That has been the problem all along, the entire Baltia dream team are no brainers
The FAA holding Baltia to the same standards as every other applicant is being biased?
Still blaming others for Baltia's failures?
The FAA was not bias toward Baltia. Just like the suspension and upcoming revocation, Baltia owns 100% of every failure they've dragged the shareholders through.
It was sheer stupidity on their part, trying to get a worn out, 36 year old relic to pass a mini-evac inspection.
They claimed N706BL had passed the most rigorous FAA required inspection and was given a clean bill of health by Kalitta shortly before failing 7 consecutive mini-evacs.
1 failure was the crew's fault.
2 failures was due to faulty maintenance.
3 other mini's failed when the release pins on the slides in 4 doors would not release. The test results they did on fourth one sounds like the pins had become bent due to the old age of the mothballed slides that were being used.
Did No Show Tony let us down again? Stay tuned Baltia bagholders, the fate of your shares will be decided very soon.
I think they were like door to door salesmen finding marks for Barry to sell shares of this fine Company to.
Yep, Mr Claire came along and gave Igor his first taste of Baltia's Very Barry Kool Aid.
Vic really took a shining to it and spent about $2.5 million buying shares of this grrrreat company.
Here are links to early list from 1995 & 1997.
https://www.regulations.gov/document?D=DOT-OST-1995-396-0004
https://www.regulations.gov/document?D=DOT-OST-1997-2763-0001
Vic is taking a big loss, $2 million in loans that'll never be repaid and another $2.5 million lost in shares bought. When Barry got busted in March 2016 Vic stopped buying shares.
It might not reach $0.0001 before it is revoked.
Some feel it should be Conmission.
Imaginations are what get so many people stuck in The Stinky Pinky Red Zone.