Monroe1. Imho, there are two types of tickers in Pennyland. (1) A "Company"=A business that attempts to sell a legit product and/or service for profit. And (2) A "CONpany"=A business that has a product and/or service (in the case of BLTA, a POS, obsolete crap airplane) but their main focus is about SELLING SHARES of stock. It's not hard to understand as SELLING SHARES is far easier than selling a legit PRODUCT AND/OR SERVICE FOR PROFIT!
In regards to BLTA, that crap "product" has probably helped the insiders (the Wolves of Baltia) generate MILLIONS of $$$$ for themselves selling shares promoting it and the crap airplanes were just a means to that end. And, imho, the insiders milked this plan for some 30+ years! Imho, this cartoons sums up BLTA, well, except for one thing. And that is, that BLTA NEVER had ANY revenue because they never sold a single ticket nor had a single passenger flight. Or am I missing something?
Come on, some 30+ years without a SINGLE passenger flight or ticket sold? Sorry, but at what point don't the OPTIMISTS might feel they got swindled?
Just wondering.
GLTY.
P.S. I think, soon, gamblers will be able to buy BLTA shares @.0001. Imo, you should put your money where your mouth is and buy tons yourself and not encourage others to do so. But, hey, JMO!!
P.P.S Eating crow sucks.
My posts are JMOs and musings. “You can’t trust anyone,” Sykes said. “The companies are trying to get their stock up so they can raise money and stay in business...most penny stocks are scams that are created to enrich insiders.”
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