BLTA is selling and will continue to sell billions and billions of shares until there are no more buyers.
with 7,000,000,000+ outstanding and the float is not posted. We have to figure the company or those running it, sold those 7,000,000,000 and there are probably more shares that are not posted. The authorized is also not posted so we also have to assume that there are 100,000,000,000 or more available.
Even at the WORSE case they sold 7,000,000,000 for the low $.003 is $21,000,000 (twenty one million $$$$)
If you add in all the other past prices that were higher and averaged the shares sold to just ONE cent $.01, 7,000,000,000 would generate $70,000,000
the trades each day, $12,000, $25,000, $80,000 every trading day is simply a money machine with none of it being used except as the companies exit strategy. Once they realized that BLTA is finished, they diverted to a newly created news hype. But notice they always say we HOPE to be flying, we HOPE the deal will go though. They can never say a sure thing not because they are not sure but the SEC would find them guilty of posting false statements.
Its similar to saying, "you almost brushed your teeth" it implies you were but you did not. They HOPE to fly soon implies they will but in fact will not.
Generating $70,000,000 selling stock and not making planes fly is easier, costs less, means you don't have to work. So why spend all the money on something that will not work, just keep it.
