Still way too risky at this point to buy. I'm actually surprised people are. Bottom line is, I'd like to get back in, but baltia has proven inept so far. So, the only play that makes sense is to wait for them to prove themselves and a safer entry.
They need to describe what the recapitalization plan is, specifically
Aquire a plane
And we need to know Connie's role. If he's just a advisor...no thanks. They already had advisors with perfect track records. If he has a investment in the company...I'd be interested.
If anyone is touting this as a buy before the details of the recapitalization are known you should block them. They are pushing a gamble.
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