Baltia Air Lines Inc. (fka BLTA)

[Baltia Bull]

I have been patiently waiting for actually developments before I buy alot of shares, unfortunately those have not happened therefore I will continue to sit on the sidelines until I read in print actions of progress. A new path is not a development imo, what I am looking for is a goal being set and then closure on that goal, if I look back at the history here, goals are set but no closure, then when no closure a twist. So for now, I will continue to monitor the situation, looking for closure on the financials, the outstanding liens and debt, funding, staff payments, a plane lease etc.

If I see progress then will committ a 50 to 100 million buy order, just a start.

Another option is I approach Tony directly and ask him for a preferred offering in exchange for a check, cash is always good to have on hand. But for now for me to buy commons is not in my best interest as there too many unknowns.

I wish them well, its not an easy task for them being a start up airline with many debts they inherited, lets see what happens.