I TOTALLY agree with your comments regarding the Baltia "Wash, Rinse, Repeat" cycle...I have been following this stock for a few years and have been in the airline industry for 35 years...never seen anything like it! There have been some really, really bad airlines out there that have subsequently gone out of business that were managed 100% better than Baltia, but this whole stock and "private placement" thing is keeping a very few very well off. Nothing but a money mill for a few! FAA will shoot this down for a second time before the end of the year...good luck! IMHO
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