Replies to post #28047 on Baltia Air Lines Inc. (fka BLTA)

[DISCHINO]

A R/S is not always a bad thing. I'm in one now that the 1:5 R/S put us at .014...today, it's trading at .0213

Another was at 1.00, 1:5 took us to 5.00, it immediately uplisted to the Naz then ran to 22.00+

I doubt BLTA will either, right away that is, but here's a little DD on the subject. Typical noise in penny land...R/S.

http://finance.zacks.com/reverse-stock-split-good-bad-2298.html

If we have my 2nd senario...I'm all for it.

[bosanac32]

I see no reason for a r/s before beginning service as well. If they were to have a split before their first dollar is made they would need a 50-1 split just to have a $1 stock price, which is enough to get on the Nasdaq but not NYSE ($5). Regardless, a $1 stock price before they start flying after a 50-1 r/s, assuming the price is an even .02 before r/s, would have a negative impact on the company and its investors.

A R/S would be a mistake in my opinion, ESPECIALLY before revenue flights start, but an r/s would not be optimal until at least they have generated a good amount of revenue and established consistent travel to and from St. Petersburg, and even then I prefer buybacks over r/s.

Just my opinion.