Baltia Air Lines Inc. (fka BLTA)

[Baltia Bull]

Ya the news shared by lost pretty much reiterates what I read in the Nov 30 PR about a path. Now I have it in print, they already had the path in place PR the execution of it along with the financials.

If indeed the sole reason was not enough money, why not make installment payments or Songbird takes back a portion of the unpaid amount as a loan? In business terms can b negotiated. I am guessing there was more to it that was not in the article. Ideally I would like to hear Tonys side of the story. Me personally, have been involved in vendor take back mortgages to close the gap on any shortfall to get the deal closed. I dont think we know the whole story.

Maybe Tony did walk because another airline op was more fruitfull for shareholders or Songbird some surprises surfaced that could not come to terms.

Lets see what happens..