No one knows what the price will be after passing the Mini but my own personal guess would be between 3 and 5 cents/share. In my very humble opinion, based on lots of money on the sidelines awaiting the results of certification, a price target of between 20 & 25 cents/share is quite possible by year's end. If BLTA did not have to create more shares to keep debt down to a minimum, we could have been looking forward to a price of 40-50 cents/share. Baltia management did what any smart company would do to prevent paying high interest rates that could lead to eventual failure. I believe that we shareholders will have a very happy New Year!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.