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choover8059

09/16/15 10:37 PM

#53638 RE: don estaban #53635

I can't share anything other than I've posted. Everything else is very sensitive right now. Make all your investing decisions based on what's known, and what your personally comfortable with.

Personally, I am reasonably satisfied with what's currently going on. I feel we are making progress and I'm very optimistic. Beyond that I can't go into details other than -

Recurrent training is wrapping up, Audited financials released, Proving flights are expected to begin soon.

The current delays suck, are out of baltias control and caused by a supplier. Which is key to what I believe will be a favorable decision.
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DankMonty

09/17/15 5:22 AM

#53658 RE: don estaban #53635

Seems like we will be trading in the upper .004s and low 5s until we hear any positive news.

Starting to think there could very well be someone inside of the FAA that is stonewalling this from progressing further.

The FAA has kept Baltia (and us) waiting for weeks with this paperwork. If there is corruption here, a competitor might be trying to wipe us out by taking advantage of our cash burn rate and limited financing pre-certification. But maybe I'm just paranoid.
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LongTimeObserver

09/17/15 8:23 AM

#53661 RE: don estaban #53635

Oh noes! Baltia flat-lining. Dead money! SSDD.