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Re: None

Friday, 07/11/2014 9:22:22 AM

Friday, July 11, 2014 9:22:22 AM

Post# of 105600
Economic Authority - I have to do this

I've been holding this in for awhile now, and hopefully anyone versed in this can clarify if there is any clarification to be made. I support BLTA 200% and know this airline will eventually take off, but I also want to be extremely realistic in terms. Anyone claiming a particular start date without all the facts can cause a major share price drop for no reason when said time frame is not met. We've been seeing this for years now. So being realistic is key in this situation.

Getting certified with the FAA has panned out to be A HUGE PAIN IN THE A$$ and I'm not even working for Baltia and dealing with it directly. I can only imagine what these guys are going through! God bless them all!

I want to be clear here, this post is for informative purposes only and has no alterior motive as I hold a long position on this stock. This is going to draw attention from your typical "fans" and "dawgs" so be prepared for it and read thier comments, written in "ink", with a grain of salt...

Economic Authority, which can only be applied for in Phase III, is a four month process from what I understand and have read. Please reference:

https://www.faa.gov/about/initiatives/atos/air_carrier/media/2d-7.pdf

If this is true, this throws a major wrench in many start date predictions. I, as a supporter of this company, throw this out there so that if anyone is going to panic over this, DO IT NOW! ... and let the rest of us live.

I don't have the time nor the resources to piece together what's truly left for certification but it would be in Baltia's best interest if someone were to produce an accurate list of to do items in order to sustain a healty price climb in line with developments and not a roller coaster ride of emotions of buys and sells.

Not having a four month process even be mentioned in any sort of Due Diligence articles is a major oversight and I felt the responsibility to get this out there as soon as possible so we can over it quickly and deal with reality.

Another link that discuss this topic of Economic Authority:

http://www.dot.gov/policy/aviation-policy/licensing/US-carriers

My delay in posting this earlier stems from my attempts to see if the original link has outdated information since it has a publishing date of 2009. I have not found anything to counter it so unless someone can prove this to be false, then "a minimum" of four months have to be taken into consideration after Baltia begins phase III of thier certification process.

Please keep your responses to this constructive and informative as most of us don't have time to read nonsense.

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