There is risk in any investment, no doubt about it. Risk cannot be minimized to be sure but at some point there comes a time after 29 years of failure with many of the same people on board that you begin to understand the game being played. Even one of the big whales left in disgust, losing big when they realized what was now taking place. The OTCBB is full of companies like this one - major promises of making millions of dollars, a life changer - that is why OTCBB schemes work, always have, and unless they shut it down, always will.
Yes, Enron, Nortel, others have come and gone to be sure, no argument there. But more companies on the big boards are real businesses than on the OTCBB pink sheets - they are on the pinks for a reason. It is always difficult to walk down this road because of the too big to fail failures - but you set yourself up emotionally and financially to fail when you buy into a dream of wealth and riches - so many stocks out on the pinks are supposed life changers, easy to make that list.
Hey I hope you make millions, I hope everyone does on this one but it will never fly. You might still make money but it will never be an airline imo. Time to go out for a stroll, another beautiful day in paradise. I will keep my eyes to the skies to watch for Baltia not doing business as US Global Hairways to put in an appearance on final in Barcelona.
To answer small time and BB. Investing should be boring. It is exciting watching a batter swing for the fences on every pitch but more strike outs occur that way rather than getting on base. I watch this stock because I take a great interest in following up on companies that overtly lied to me when trying to sell me shares on this by promising, on the phone this airline would be flying in July of 2009, and not to miss this once in lifetime opportunity to make millions of dollars by being in on the ground floor of the most exciting airline to ever come along. Since then I calculate my losses based on what I would have spent compared to the lack of return I now would have had to endure to swallow that pill. This is not an investment, it is a gamble, a bet.
