Yes they do AKthisistheone, it's a matter of financial management and where financial resources should be spent. If they have to do another mini, the $12,000 they paid the auditor would come in handy and Audited financials could wait.
But apparently, Baltia felt it could spend $12,000 on Audited Financial Statements because they successfully completed the mini and they're moving forward to proving flights. IMO
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.