Replies to post #26169 on Baltia Air Lines Inc. (fka BLTA)

[mysterymeat]

I suggest you bone up on reading the company's financial statement. Sliding one by is IR job.

They pay for only the time the engines are on the plane.

The engines started out on N705BL and were transferred to N706BL. Collectively Baltia has been in possession of the 4 engines for about 5 years now. During which they have spent the majority of that time hanging from the wings of Baltia's airplanes. If there is no money past due for the engine lease, then why make an official statement they have not been able to make payments as agreed upon?

3. As Lessee has been unable to meet its agreed upon payment obligations per the terms of the Agreement between the Parties.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10161518