In case anyone missed LT's post regarding his thoughts on Baltia's current funds, Private Placement and POC, here is the majority of his message. I thought it was a fantastic read of his opinion.
"Baltia has enough funds to carry us through....it is just looking for a comfort zone...some flexibility. I can personally guarantee you that" {a prior reference to $38,000 in the bank account}..."we were MUCH higher than that. I know we were well into 6 digits. I wrote the check."
"Baltia doesn't NEED the funding...they can make it through. However...at this time...some extra float will make them more flexible. And it is the perfect time...it was planned very well."
"With FAA approval practically in their back pocket...REST ASSURED..IT IS COMING...AND IT IS JUST AROUND THE CORNER..now is the best time to raise capital. Those of you who have purchased through private placement in the past will get a phone call from Norman....listen to what he has to say...then form your own opinion. This could be the best opportunity to get in just before things start to happen; and probably your last opportunity."
"Some of you already know why I keep referring to June 7th. For those who have been loyal to Baltia for so long, this may be Baltia's last opportunity to show their appreciation."
"For those who have only purchased on the open market, consider calling Baltia and ask for Norman. If you purchase on the open market, Baltia might not know who you are and you won't be a part of the upcoming opportunity. Just make the call and listen. Form your own opinion....but you owe it to yourself just to make the call...you don't have to cut a check if you don't want to."
"Purchasing shares on the open market DOES NOT put money in Baltia's bank account. The thing that purchasing on the open market does is raise the pps...which then raises the value at which private placement shares can be sold at. When you purchase through private placement you will get a discount from the market pps, and your purchase goes directly into Baltia's bank account to be used for future operations. Once the FAA passes us through the gate, there are plenty of institutions lined up to provide funding to "America's Newest Airline" ...you won't see another opportunity to purchase through private placement after that."
"All of my groups purchases have been through private placement. Combined our shares total is in the 8 digits. We are not employed by Baltia; we are merely shareholders like yourself. The difference is that we are local and have a big stake in the company, so we have an opportunity to have a toast with our friends from time to time."
"For those of you who have stuck it out this long, you owe it to yourself to make the call. Just hear what is going on....then make your own decision. Keep in mind....always invest with money you don't need, money you could afford to lose. But make the call......."
Just some great opinion from LT that I thought should be shared again per chance any new visitors to this post are interested in calling Baltia as part of their DD. We are in the home stretch IMO. Good luck to all BLTA investors.
