Baltia Air Lines Inc. (fka BLTA)

[CCruzNY]

Correct me if I'm wrong... (I'm not perfect here) but what I'm gathering from this link Spekulater shared with us:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10028817

It looks like Bolanos purchased the 30 mil stocks and Eastern Construction & Electric company is labeled as Indirect Beneficial Ownership. So forgive my lack of formal education into reading one of these SSEC form 4's but it looks like he purchased these shares on their behalf. That doesn't look like a loan repayment to me but a new infusion of cash into Baltia.

Being that BOLANOS VICK LUIS is the president of Eastern Construction & Electric company....are you 100% sure that this is a loan repayment? If so, please shed light on how you came to that conclusion.
Reminder, I'm sure you been doing this longer then I have, so If I missed something here.. just point it out.

PS... I'm sure weasaldawg will repost some out of date information after this post. Stay tuned!