Baltia Air Lines Inc. (fka BLTA)

[phl08]

Monroe - they will get revoked. You don't need a crystal ball because it's a done deal. That decision has been made. As you've been reminded here numerous times, the delay of the final revocation order has nothing to do with BLTA.

I am curious why you think it's "most likely" they will reform? What do you base that optimism on? Has there been some company published information we missed? Did John Lampl revert his LinkedIn to reflect his tenure at BLTA/USGL? If not, then who's even their communications director??

Nobody invested in this company to sell chicken nuggets or be cleaning service. And Logistics certainly doesn't want any part of this mess. They want their money and they know there is absolutely nothing this company in its present state can offer in exchange. They also know they probably won't get it unless they pierce the corporate veil and go after the personal assets of everyone at the top of this pyramid scheme.

The PPS won't climb. Certainly not like the cheerleaders touted ".02 by the SHM and .05 after".

Monroe1 Member Level Thursday, 08/23/18 08:29:51 AM
Re: Pennywize post# 102388 0
Post # of 102392

May not get the execution of revocation. The SEC won't comment definitively until the ALJ rules final. There is a very slim chance Baltia comes out intact... bueno, scathed and plucked but still squawking. Wish I had a crystal ball to say for sure.

Most likely they will reform somehow, maybe they sell chicken nuggets and popcorn shrimp who knows, but also possible the 22 $million judgement winners decide to join hands cause a bird in the hand is worth twenty two in the bush... so to speak.

Wouldn't it be great if they survived to sell, well, anything?
A cleaning service contract at Stewart would do. Wonder how high
the PPS could climb if they somehow survive all this?