Rocky Mountain Investment Club

[bliz82]

The BLTA board is a total joke. The latest post from someone with the id BLTA Shareholder (lol) expects BLTA to be at $5 per share after first flight. But then most people that have held this all the way down are losing their shirt. Disclaimer: I sold at .13 and made a nice profit eons ago.

$5...LOL! You realize how much net profit they would need to realize that kind of sp? At least 150-200M in net profit! They're optimistic pro-forma shows 100M in revenues in the first year with a very optimistic 40M profit. Even if they have enough money to actually fly next spring, they'll be lucky to make any money the first year. BLTA certainly won't be valued at 2.5B after their first flight. But then again, who comes on IHUB with the name of a stock as their handle? Hmmmmm. LOL!!!

Looking at their latest 10Q, it looks like they won't have enough money to make it to spring unless something else happens. Maybe they'll sell 500M shares to get a million or two over the next 6 months