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oncebitten56

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oncebitten56

Re: Mithrandir67 post# 74417

Tuesday, 06/28/2016 2:19:58 PM

Tuesday, June 28, 2016 2:19:58 PM

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Mith... absolutely correct assessment of the current situation.

No certificate, no aircraft, no crews, no route, no leadership, no communication, no money... nothing.

There will be no white knight.. who would be that stupid?

What Baltia DOES have is 500,000 dollar note due to CVP in August... How are they going to pay that? They can't.

And for this reason it's my opinion Baltia could file for bankruptcy by the end of July.

In My Humble Opinion of course.
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