Baltia Air Lines Inc. (fka BLTA)

[flaflyersfan]

The Lieutenant, why would anyone pay .01 or more for BLTA stock?;

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
During the three months ended March 31, 2014 we issued 241,465,662 shares of our common stock in exchange for cash. The shares were valued at $.0047 per share and reflected approximately 47% of the share market value at the time of issuance. The shares are not registered and are subject to restrictions as to transferability.

You are wrong about Bolanos buying stock in the open market. The next 10-Q August 15th will show he did not just like previous SEC filings. Hopefully you are just saying that he did and BLTA is not saying that because they will sign something different in that filing. Speaking of the SEC, does the company ever discuss the SEC and their demand to audit the last 27 years of financials and the problems with their previous auditors?

http://www.sec.gov/Archives/edgar/data/869187/000000000014008329/filename1.pdf

Big issue.

Good luck.