I believe flaflyersfan, in mentioning that the shares were "sold to millionaires" was in reference to the fact that BLTA actually didn't sell to qualified investors who meet the terms and eligibility requirements to purchase PP shares. You might not be a millionaire but you (and correct me if I'm wrong) should have an annual (household, I believe) income above $250,000 if you were allowed to purchase these PP share packages. He has stated before that unqualified individuals have been allowed to purchase PP shares so that statement can be assumed to be sarcastic.
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