Baltia Air Lines Inc. (fka BLTA)

[Deltasaint]

My calculations show that the price is possible but the trine frame would be more 2018

My rationale is simple.

I expect ramp up will be very swift.
Creating a higher profitability ratio and maximize PE impact. And the tax NOL make the first 125mill. Tax exempt
I expect that there will be very little debt load limiting valuation. This will be. 25-40% markup on valuation
I expect that the real lack of free floating shares will choke availability to purchase sizable positions without occurring cost. Supply and demand will be about a 30% impact

All simple considerations.