Replies to post #71390 on Baltia Air Lines Inc. (fka BLTA)

[LongTimeObserver]

Baltia? "Lease newer aircraft"? With what cash flow?

Has yet to earn $1 of revenue, let alone $1 of cash flow.

Has managed to 'lose' the $116 million it raised to date though!

How much more dilutionary share authorization/issuance will any new funders demand? Beyond CVC's toxic PIPE PIK, that is. Can't make this stuff up.

$BLTA lead-PIPE-cinch????? GLTA

[mrlahjr]

I want to see an official PR hit the news wire. This is good news though and it's appreciated. It's good to give the current shareholders something. When they know for sure they'll get an aircraft Baltia will no doubt become certified.

Don't know why Igor didn't want to take this approach but it makes sense.

Anyone have any idea on how long this will take?

$3 right after certification. BLTA$$$$$$$