Because Baltia is almost a perfect acquisition based upon its cash cow (future revenue streams) and if those revenue streams are to be realized fast, only another air line could make that happen because they already have FAA approval and approved planes.
I am not saying we won't have the same management. We can have the same CEO and officers and directors if Baltia became a subsidiary of a parent corporation; because, then it's a win, win, win. Win for Baltia, win for acquiring air lines and win for the stockholders.
Robodog, if you had your own air lines and you saw Baltia with its awesome future of being a cash cow, wouldn't you want to buy her?
I figured there is a way for Baltia to keep its executives and officers and that route is to become a subsidiary for another air line company that is already huge but needs immediate revenue.
If another air line company purchased Baltia and agreed to keep all of the executives in place, Baltia becomes a subsidiary (its own company) but with revenues flowing up towards the parent company and yes it can have its shareholders too.
There are many ways for Baltia to reach her potential without being hog tied from the FAA and the fastest way is an acquisition or to be acquired in a transaction...but the most important thing is that the potential company must have planes already flying!!! (that is our only thing holding us back.)
Baltia is beautiful with her no toxic financing, no bad derivatives with fuel, no contracts with employees, great fuel price potential, and it just has a large shareholder base. It already has the routes, agreements in place, an office in Pokolov airport in St. Petersburg Russia and many other great qualities.
Maybe a reverse merger where Baltia is the acquirer in some complicated stock transaction...but a great price on the pps.
We NEED a friggin flying plane and Baltia could realize its revenues now and no more wasting time!!! That is why I think about it.
Either way, with our approved plane or some other air line company's approved fleet would be a win win win transaction.
Position: long and strong purchase