Precisely Firestream, those companies have toxic debt on their balance sheets or commonly known as Convertible bonds, Convertible debentures, and Debt convertible into common stock.
All I am doing is mentioning some other possibilities since Baltia needs cash infusions and it's got to stop flooding the market with its shares.
And the timing of our filing on 9.10 and Virgin America CTO 9.10 and Southwest CTO on 9.22 (a day important for some reason per Robodog.)
There could be a reorganization in the works or a merger and acquisition and yes, Baltia would be the superstar because of its minimal debt, no toxic financing, and all revenue status. It is truly a cash cow..but it needs funding to get it there.
We don't know about the mini although we think it cleared that hurdle.
I don't see anything wrong with studying our future competition and keep an eye on what they're doing. It is smart business.
Further, since CARGO and FREIGHT seem to be the first priority, I've begun looking at Federal Express and UPS as well.