Baltia Air Lines Inc. (fka BLTA)

[phl08]

Care to elaborate? What "looks" like we may see them? Specifically, what do you see as any kind of indication from the company that we "may actually see those financials"?

To be clear - they have not made any official remarks at all since the suspension. To date, they have made 2 non official remarks:

1.)
Following the suspension, Lyin Lampl was quoted in a Hudson news article that the suspension was a surprise to them. That was a clear lie since they were given 60 days notice that this would happen. But it's not illegal to lie to the press.

1.)
Following the suspension, Baltia put a 1 paragraph update on their web site:
"Baltia Airlines, Inc. dba USGlobal Airways is cooperating with the SEC and working on all fronts to rectify the trading suspension. The restatement of previous years' financials and ongoing legacy legal proceedings have caused a delay in providing completed audited financials. Our goal is to complete this process as quickly as possible. We will keep our shareholders updated as to our progress in getting the trading suspension lifted.". Another lie. 2 weeks after this web site update, the SEC on 5/24/18 publicly and officially stated that Baltia did not respond to the suspension notice. But it's not illegal to put false information on a web site.

They have not published any official PR or SEC document about any of this.

Their web site also says "USGLOBAL AIRWAYS IS CURRENTLY UNDERGOING FAA AIR CARRIER CERTIFICATION". That's also not true, any more. There is no certification application in place, nor is there a plane. Their web site, hosted on GoDaddy.com - a $20/month web hosting provider that is among the worst out there - was thrown up as a bone to stir the pot of bottom feeders last year.

Monday, 06/11/18 10:42:30 AM
Re: rab74 post# 100858 0
Post # of 100867
Looks as if we may actually see those financials.