Now I remember where I saw private placements! They're always advertising in the Wall Street Journal because it's trying to sell something (securities in an investment).
The SEC says to beware of those selling private placements toted as an investment in a company as unregistered securities.
I hope Baltia solicited honest investors and sold equity private placements and not debt private placements (but if it was debt private placements, we'd see that on the Audited Financial Statements)
I honestly think she is a good candidate for a buyout for a major air lines that wants (needs) a cash cow.
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