You're better than that! I would hope. I'm of the opinion that my reply below won't make any difference.
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Fact - the 10-K is not late because it's not due.
>> it is past due (past due means late)
Fact - the company you're referring to (Baltia) doesn't exist anymore, as the current company is undergoing rebranding/restructuring.
>> as of today it still exists, derp! Unless you are doing the work yourself, you can't state what they're currently doing as fact. You can assume.
Fact - The new company is going to do a R/S at the right time to bring the O/S to a reasonable level.
>> it may have been communicated but it's far from a fact that they're going to do it at the right time or even do it at all. Timing is subjective.
Fact - there's a shareholders meeting coming VERY soon, that isn't even required. They just want to present the new company's image and show that this is going to be a real airline.
>> sheer opinion. You can't speak to what they want to do and "VERY soon" is subjective irrespective of the emphasis you try and put on it.
Fact - The FAA rescinded their letter, now we can continue certification.
>> closer to a fact, cngrats
Fact - The board of directors is better now than it ever was, with billions of dollars managed among the current members.
>> sheer opinion, some would claim it was better than ever when Connie was on the board or during Igor's tenure.
Fact - There are ten new N-numbers registered to the new company.
>> congrats, a fact
Fact - Notice how the corporate address on recent SEC filings isn't at JFK? Take the hint.
>> congrats, a fact. You may want to leave off the commentary, it can easily change a fact to an opinion.
Fact - NO dilution since Tony became President.
Fact - NO increase in O/S since Tony became President.
>> President for 6 months, give it time
Fact - Funding the remainder of certification has proven to be easy for the company.
>> speculation as to how easy something is. No details since no financials
Fact - The company is actively working on becoming current on their filings.
>> assumption, can't be stated as fact unless it's something you're actively working on
Fact - George Kelsey, Kalitta's attorney, is the company's legal counsel.
>> possibly a fact
Fact - We have SEC, FAA, and business attorneys working on multiple aspects of the company.
>> proof? What are their names and what specifically are they working on?
Fact - We have an LOI for a Boeing 767 that can be contracted at any time.
>> assumption that it can be contracted at any time, they may have other hurdles or no intention at all of leasing. This could be a ploy so the PP holders can get out. If I were a PP holder I'd be unloading. My opinion.
Fact - The new airline isn't focusing on just St. Petersburg. They want to be an internationally recognized company that flies to numerous underserved destinations.
>> they could be focused on their toes. You can't state this as fact. What's communicated can't be taken as fact. You could restate it as "in a letter on xxx date the company said xxx"
Fact - The company's President has real business experience, and an MBA from Fordham University. He has worked in asset and wealth management for many years and understands the aviation business.
>> he also lost his house. He's real good with money. Part fact and part opinion.
Fact - The company's largest shareholder is touting how incredible the new company is. When a whale with millions invested is saying this is going to be a life-changing company, best to listen.
>> opinion. The real fact here is that he has been repeating the same rhetoric for years. That's proveable because you can simplly lookup the posts from years ago.
Regards,
Murray Winklebottom
AI
