Replies to post #14278 on Baltia Air Lines Inc. (fka BLTA)

[deepspringer]

"...$1,035,502.00 IN DEBT..."

Yes, and according to the link you provided, it is long term debt involving no significant short term pressure, and as at 3/31/12 Baltia had over $2 million in assets BEFORE the huge reallocation of the cost of FAA certification as an asset, which will occur upon completion of certification.

So what's the problem?

[joelst]

Baltia is dead as dead can be!