Replies to post #63862 on Baltia Air Lines Inc. (fka BLTA)

[kingxeno]

Honestly it's hard to say because BLTA can't afford to issue a RS. I think if BLTA issued an RS it would expose that they are indeed a fraud. Too many people invested 2-10 years here. I have a small position so it won't hurt me in the slightest. But there are guys with 5 - 50 million shares here who would get crushed. Honestly I'm drooling to see what BLTA has in stored. They RS and I'm done with this company for good, as I feel most investors would be as well. This is do or die for BLTA to me. If by the end of December there's no news 0.0001 - 0.0005 this goes. Then the dreaded RS will follow IMO.

[izzzzzieeeee]

kayakzz the pps would just go back down to this level and Baltia would have to sell more stock and increase dilution of its stock again; so what would be the point.

[choover8059]

I haven’t heard of plans to do one (other than the same people saying one is coming for the last year), that being said, I prefer low float stocks of 60 mil and under. While I know that won't happen if one were to occur I'd like to see the float reduced to a couple hundred million max.

Honestly I wish they would do one, 8 bil shares is way too much. It needs to get cut back to something more reasonable eventually.