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CCruzNY

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CCruzNY

Re: starchaser post# 22921

Wednesday, 06/04/2014 10:59:29 AM

Wednesday, June 04, 2014 10:59:29 AM

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The Company will pay accrued interest to date on or before the first anniversary of the date upon which the Company commences its revenue flight operations.

If march 31 2014 was the first anniversary of the date upon Baltia obtaining revenue, I would have cashed in the profits of my shares a long time ago. Baltia obviously isn't operating yet. It just doesn't seem like a loan repayment to me. Looks more like a needed cash infusion to keep this going on it's final run. I guess that's my spin on it.
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