Replies to post #27510 on Baltia Air Lines Inc. (fka BLTA)

[Byrnesybaby]

And why hasn't anyone discussed that, that is a very legitimate concern lol

[wickw50]

In50k, That is referred to as "boiler plate". Almost every company includes that paragraph in their filings.

[kex0414]

" The Company may not have adequate readily available resources to fund operations through December 31, 2014. This raises substantial doubt about the Company's ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty."

Boilerplate garbage put in by CPAs to cover their asses. It is just like the safe harbor used by companies.
Check out other pinkie companies' 10Qs.

[Tim-E]

The Statement:

" The Company may not have adequate readily available resources to fund operations through December 31, 2014. This raises substantial doubt about the Company's ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty."

In my opinion, this is just some type of legality. Something they have to put in because of their revenues. I believe it has been in prior 10-Q/A's....

Here is one from 2013 as sample:

http://www.sec.gov/Archives/edgar/data/869187/000116519513000019/2013_10QA_1.htm

I'm not worried about it... They are still alive and I expect them to be years from now.