Replies to post #104031 on Baltia Air Lines Inc. (fka BLTA)

[LongTimeObserver]

Risk is one thing. Fraud is quite another.

[phl08]

I must have missed that DD that showed a wise BOD to have promoted the CFO to CEO. Any other BOD would have dumped Tony for lack of confidence and competence.

As CFO from Feb 2016 to May 2017, he only filed one quarterly report (Q1 2016) and the 2015 annual report. He missed 2016 Q2/3/4 and 2017 Q1 along with full year 2016 during his official tenure as CFO. That's grossly negligent, at a minimum.

Then they promoted the negligent CFO to CEO in 2017 and he's had one failed plan after another, starting with the gradioise plans at the May 11, 2017 SHM, Kalita 767 lease, Songbird deal, false promises for full transparency and complete silence in all of 2018.

That is not a wise BOD by any stretch. And if there were any official shareholder meeting, most would call for Tony's ouster.

All your hyperbole about how 9 out of 10 companies failing, tough industry, etc. do not address all the above shortcomings of the BLTA CFO turned CEO. They are just excuses.

He's been an utter failure in every single task he's been given while at BLTA.

That's not my opinion, it's fact backed by empirical evidence.

Monroe1 Member Level Friday, 01/04/19 12:16:49 PM
Re: LongTimeObserver post# 104030 0
Post # of 104033
DD shows they were wise. Let's don't get confused