The process of issuing a route award to an applicant initially, includes analysis of the applicant's plan, to include market data from hsitorical airline passenger enplanement/deplanement data on the proposed routes, the applicant's "fitness", other airlines' objections (if there are any) to the route being issued to the applicant, and many, many more. It is a complex process that did not just happen becaused Baltia applied - they had a lot of hoops to jump through, and quite frankly, I believe they have done a hellava job keeping their authority during this prolonged certification process. So, you see - the government has vetted Baltia.
As far as your questioning "and so do many of us out here", I only have to ask you to compare the number of shares being sold to the number of outstanding shares - even if you discount the numbers held by Baltia management. Clearly, the vast majority of investors in Baltia stock believe in Baltia's business plan.
You are welcome.
I have enjoyed some of your posts, as you sometimes look beyond what is commonly accepted - often to find that there was more than met your eye on first look - but, sometimes you do bring up good questions. As long as we keep all of this in the spirit of helpfulness, I think we all benefit. It saddens me to see when people begin to belittle others - that is ego-based, and so unnecessary.
Keep up good work. And let's all hope the FAA finishes its review of the submissions soon . . . lest they find themselves in a quagmire of "analysis paralysis."
Be well.
