Luis paid .01 per share for PRIVATE PLACEMENT shares. He did not buy on the open market. He bought DIRECTLY from the company so that his dollars would go DIRECTLY into the hands of those in charge so that those dollars could go DIRECTLY to paying Baltia's bills.
He bought PRIVATE PLACEMENT above the current market price (not even at a discount but actually paid a PREMIUM for those restricted shares) because he.....like all the other "bigs"......realizes that he will make tons of money on the millions of shares that he already owns (for every 100 million shares that he already owns, if BLTA just goes to 10 cents, that is 10 million dollars).
Yes, in the past the bigs have all purchased PP at a discount (about 50% off market value)...and when you buy 50 blocks or more (half a million + dollars), perhaps you can negotiate for an even better price. But.....and a huge BUT.....the bigs have agreed to purchase future PP (dating back to the time of Luis's 30 million share purchase to the time of first flight) NOT at discount but rather at a PREMIUM.
Again....we all expect to make tons of money on the shares we already have, and our goal is to ensure that Baltia has the financial backing to complete this process. The bigs also want to reduce the effects of dilution on future purchases because....in reality...dilution affects them all as well.
All the top investors are 100% in agreement and confidence that Baltia will get its FAA certificate THIS YEAR, and most of us believe it could be as early as sometime in September.
Finally....even though the "bigs" have agreed to fund Baltia over these next few months.....each big commiting a certain amount of dollars at a certain point in the process, whenever that time comes.....and although the bigs are going to pay a premium for those shares (to help limit excessive dilution), we still all do realize that we will also be making quite a bit of $ on those recently purchased shares as well.
LOL....think about it. The 30 million shares that Luis paid $300,000 for about a month ago are now worth over $450,000 at today's prices. That's a 50% increase in just about a month.....or 600% for the year....and we all know that BLTA is headed a lot further north.....even as early as this coming week.
Baltia is going to do this. Baltia has the financial backing of some very wealthy individuals to see this through. Baltia is going to be America's Newest and Next Intercontinental Airline.
You can bet your bottom dollar on it!
