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whathen

10/16/14 3:13 PM

#26711 RE: CCruzNY #26710

The point I was trying to make is if blta is this close to finishing the certification process and its managers are willing to buy shares to fund the operation and they can't sell their shares, which is good for us. Does blta feels the need to do more private placements?

My point is they don't need to raise more than what is needed to finish the part of the certification that will get them to start selling tickets and insiders are willing to buy and seem to have the cash to do it. What we might worry about is the private placements that already took place? Can we get specific data on that?

flydaddy2

10/16/14 8:09 PM

#26724 RE: CCruzNY #26710

CCruzNY , I think somewhere last month it was stated that a few hundred million shares were coming of restriction. If you were part of this group and bought the shares at 50% OF THE PPS. AND YOU HAD AN OPPORTUNITY TO DOUBLE AND TRIPLE YOUR MONEY I THINK ALL WOULD DO THAT. YOU WOULD BE ABLE TO BUY MORE AND HELP FUND BALTIA BY BUYING
A LOT MORE OF THE RESTRICTED STOCK AT THE DISCOUNTED PRICE,WITH THE 6MONTH RESTRICTION. THEN CONTINUE TO MAKE MONEY SINCE YOU ARE BUYING AT THE DISCOUNT.