Amazing thread resurrection.
Yet a lot has happened since last year:
- Baltia's founder & CEO, Igor Dmitrowsky, died early last year
- The SEC reached a $1 million settlement with Barry Clare, former VP of Finance
- The SEC closed an investigation of Baltia itself, with no enforcement action
- Baltia also managed to reach a settlement with the FAA -- avoiding outright rejection of its AOC application
- Baltia signed an agreement with Kalitta Air to lease a 767-300, N764CK, msn 26234
- Connie Kalitta, Kalitta Air's founder & CEO, joined Baltia's board (then abruptly resigned early this year)
On April 19th, the company plans to change its name (to "rebrand" and "restructure"). And no doubt they will be resuming their stock raising activities soon.
