Replies to post #32670 on Baltia Air Lines Inc. (fka BLTA)

[LongTimeObserver]

No surprise at all.

[mysterymeat]

No, actually his ownership of Baltia shares have gone up considerably.
As of 1/04/13: 302,651,000
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10256751
As of 12/31/14: 322,651,000
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10425766
As of: 2/17/15: 442,650,995
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10500838

Granted we have no clue as to what other PP shares holders have done, but his activity can be found in the filings.

I presume the most recent 120,000,000 restricted shares acquired, are for the fuel he promised to buy for the proving flights.