This coming Friday 7/20 10am EDT is a telephone pre-hearing conference with the SEC. I don't expect we see any action from SEC until at least next Monday. Not sure what the pre-hearing telephone conference entails, though I'm fairly certain that BLTA is supposed to be represented somehow.
As of May 24, the SEC states: "Accordingly, Baltia Air Lines, Inc., Graphite Corp., and 24Holdings, Inc., are each ORDERED TO SHOW CAUSE, by June 15, 2018, why it should not be deemed to be in default and the registration of its securities revoked. See OIP at 3; 17 C.F.R. §§ 201.155(a), .220(f). IT IS FURTHER ORDERED that the hearing is POSTPONED sine die, and a prehearing conference shall be held by telephone on July 20, 2018, at 10:00 a.m. EDT, if the proceeding has not been resolved by then."
June 15 came and went without a peep. I suspect July 20 will be the same and the SEC can formally nail the coffin shut. RIP BLTA.
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