Replies to post #95094 on Baltia Air Lines Inc. (fka BLTA)

[Lostintheflood]

Posting that Baltia 767 plane is in Mexico being painted?

[redsky7]

So it's not a scam. So it's a failure.

The result is the same for shareholders, right?

[lagunaseca1]

The scam works as follows.

The CEO promotes a plan for the company.

People believe the CEO and buy shares of Baltia.

The thing that was supposed to happen never does.

The share price decreases as a result of the thing not happening.

Repeat for 29 years.

( the “thing” has been planes, events, mini evacs...)

[PStockPickz]

basic dd shows this to be a scam good luck hopefully you learn from this!

[flaflyersfan]

Firestream, is "scam" the wrong word?;

What would you call a company that has told potential investors for over 20 years that they would be flying shortly or soon to encourage stock buying and has not? IMO fewer and fewer people believe it, even those who think they have to support the company just because they invested in BLTA.

Good luck.