Replies to post #101362 on Baltia Air Lines Inc. (fka BLTA)

[Major Profits]

TRUMP SHOULD RAISES TAXES!! ;-)

OMG, seriously?? Yes!! And give the added government revenue to the SEC and DOJ in order to hire more people to investigate and prosecute those POS CEOs in Pennyland and make THEM (AND THEIR FAMILIES WHO ALSO BENEFITED BY THEIR FRAUD!) to pay, at least, DOUBLE what they swindled folks out of.

JMOs

P.S. https://en.wikipedia.org/wiki/USGlobal_Airways

Criticism
Baltia Airlines has not flown a single commercial flight in its 28-year history. Despite its move to Michigan, where it is easier to gain FAA approval, it has failed all of its certification tests seven times. In March 2016, the company's former executive vice president and director, Barry Clare, was charged by the SEC, for acting as an unregistered broker of Baltia stock valued at $26 million; the case was settled in August 2016 with a payment of one million US dollars.[20] The airline has been heavily criticised by aviation insiders, who believe the airline may never fly. Benjamin Schlappig, creator of the prominent One Mile At a Time aviation website, has labelled Baltia "a scam" and has said that they are "pretending that they’re actually going to start flying some day soon". On January 24, 2018, the US Department of Transportation revoked Baltia's certificate of fitness to fly, effectively ending Baltia's Fight for Flight.