Replies to post #59971 on Baltia Air Lines Inc. (fka BLTA)

[flaflyersfan]

kayakzz, here is the 8-K announcement;

https://www.sec.gov/Archives/edgar/data/869187/000116519515000016/2015_8K_may20.htm

The CEO had to give himself the class B preferred shares as it is the only way BLTA could have increased Authorized Shares without notifying every shareholder and having a quorum. Now BLTA can do whatever they want no matter what any or all other shareholders think.

Good luck.