Extremely unlikely that BLTA will return, especially considering the COVID situation, but I will say that E.H. continues to monitor my situation.
BTW, my situation has nothing to do with the SEC or with BLTA. It is actually political in origin in that the Federal Government wants more control over banking information in this country, and check cashing establishments make their job of attaining that information so much more laborious (finding targets, issuing subpoenas to highly decentralized "mom and pop" style stores, etc.)
If you are really interested, Google "Operation Choke Point", "Excelsior Banking Network", "Linda Lacewell", and for that matter, the Build Back Better provision that, if passed, would allow the IRS to look into anyone's bank account that has a transaction amount over $600 without the need to obtain a subpoena. Since check cashing stores don't accept deposits, they would represent a loop-hole to that provision which is easiest closed by just eliminating the service all together.
Or, just wait for the book, "When you are going through Hell", which will detail everything I've learned in much more detail, and for which the final chapter will be written shortly.
As for Baltia, there was a Japanese Group looking to start up an air cargo transport (not passenger) company in the US, and with all of Baltia's problems (such as the HUGE built in loss carry forward that could be procured, extremely low share price, as well as the FAA's requirement that a certain % of the company must be owned by American Citizen's, etc.), Baltia looked like an interesting candidate for them. Delisting was of no concern, but they were trying to work through some issues that came up with the management team that took over in between Igor's demise and the time that "Tony Baloney" came on board.
And then the unfortunate timing of my situation, and the article that came out linking me to Baltia (anything to sell papers), and the Japanese Group lost interest - leaving just E.H. to keep track of my situation.
Unfortunately, the Government has ways of getting around speedy trial ("complex case"), Unconstitutional Search & Seizure and agents acting deliberately recklessly (just get a "superseding indictment" - as the saying goes, "any prosecutor can get a grand jury to indict even a ham sandwich"), as well as Fruit of the Poisonous Tree issues (Independent Source Hearing), etc.
Keep this in mind: If an agent lies on the stand, or if the government's witnesses bear false testimony, who is going to prosecute them for perjury? Lady Justice and those scales only promise that you will be treated fairly (ie: "like anyone else"), regardless of race, gender, creed, religious beliefs, etc., but NOT that both sides will be held to the same standards of law.
You learn a hell of a lot going through this process over a ten year period.
All water under the bridge. When the Federal Government has an agenda, they have all the time in the world, all of the resources, and all of the tools to get around the Bill of Rights, and no one is watching what they are doing.
The Ends justify the Means.
You can continue to waste time here, trying to find some link between my situation and the things that occurred with Baltia Airlines, but it is just wasting your time and literally barking up the wrong tree. My situation has absolutely nothing to do with any legal matters regarding Baltia or its management, and the government has not asked me to "rat out" anybody.
Baltia was a long shot, a dream, but I'm guessing it is now buried 6 feet under, and you are better off getting on with bigger and better things than wasting your time whipping a dead horse.
Probably the best thing anyone can do for any of us at this point is to tell us how we can go about claiming the loss on that venture.
Any ideas?
AI
