Baltia Air Lines Inc. (fka BLTA)

[taxguy]

There was wrong doing, IMO by Barry Clare. In the SEC filing, it is stated that Barry said Baltia would be flying in 2012 (I know he said that to investors in 2009, 2010, 2011 , etc..). People bought in to Baltia based on his statements and Barry personally profited. IMO< he would say anything to get the person to buy. He certainly lied to me and my friends when we purchased private placement shares.

IMO, Baltia has done so many things wrong, this is just one they got caught on right now. Igor may have been implicated prior to his death as well. If Igor did commit suicide, which I think is what happened My opinion to which I have not been convinced otherwise), it could have been from this or knowing the FAA was going to deny their appeal.

The SEC's use of "allegedly" in referring to Baltia's business, leads me to believe they have doubts about the true intentions.