Baltia Air Lines Inc. (fka BLTA)

[phl08]

It is fair to say that BLTA has a very VERY LOW chance of succeeding based on their history. No revenue. No compliance with SEC. No transparency to shareholders. No success at any plan. As they say..show me the money (revenue). Then I'll know there's something to consider here.

All the anecdotes about other people being chided and dismissed who later went onto to big big things are completely irrelevant to this attempt at creating a fairy tale. Walt Disney was already very successful when he wanted to build a theme park based on his very profitable company, which had been producing revenue for many years. That he had to go through lots of hoops to get approved just shows his tenacity. But at least his company was earning money and transparent with the SEC.

George Lucas couldn't find ONE studio to back Star Wars, so he made it himself with money he raised and then got 20th Century Fox to agree to simply distribute it and take a cut of exhibition proceeds. To this day, Lucasfilm (now Disney) has retained all other rights including the very lucrative merchandising. George was a visionary, and he had a history to build upon.

These guys after 18 months with the new CEO/former CFO haven't finagled a way to make one red cent after several failed plans and - no SEC compliance.

So, yes, it is very fair to say that this is likely to fail.

Baltia Bull Thursday, 04/19/18 08:00:36 AM
Re: None 0
Post # of 99000

Guys, its up to you, but to say BLTA does not have a possibility to succeed is unfair, its a thought that is not for those who want to succeed in life, in fact its planning to fail at the beginning of obtaining a goal process.