Baltic Intl USA Inc (BISA)

[Theo]

"so that leaves you with beneficial shareholders and officers of said shell coming up with the cash"?

All the Qs prior to the QRT spin-off have this statement:

"Management believes that we will be able to achieve a satisfactory level of liquidity to meets its business plan and capital needs through the next 12 months. Additionally, management believes we have the ability to obtain additional financing from key officers, directors and certain investors."

The Qs since the QRT spin-off have added another tidbit:

"During the next 12 months we anticipate incurring costs related to filing of Exchange Act reports and costs relating to consummating additional transactions.

We believe we will be able to meet these costs with our current cash on hand and additional amounts, as necessary, to be loaned to or invested in us by our stockholders or other investors.