Baltia Air to Upgrade Stock Listing BLTA From Pink Sheets to Bulletin Board.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 14, 2002 Igor Dmitrowsky, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of New York-based Baltia Air Lines, Inc. (BLTA BLTA Baltia Air Lines BLTA Bacon, Lettuce, Tomato, and Avocado (sandwich) BLTA Better Living Through Acronyms BLTA Beijing Leasing Trade Association (China) ), announced today that a filing has been made to upgrade its listing from the Pink Sheets to a Bulletin Board listing. "This change will definitely give us more recognition. It reflects the confidence we have for the long-term growth opportunities in Baltia. We expect this filing to increase the liquidity and market interest in our company," Dmitrowsky said. "We have a dedicated team actively working to begin flight operations from New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. to St. Petersburg, Russia, which will be the fastest route from North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ." "Everyone at Baltia is very excited about building a quality airline carrier that will cater to the US and Russian markets, as well as build value for our shareholders," he added. Certain statements contained herein are "forward-looking" statements (as such term is defined in the private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to the future results of research and development of the Company's products or services, the ability or inability to replicate test results, the ability to successfully commercialize the Company's products or services, and other risk factors discussed in filings made by the Company with the Securities and Exchange Commission. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion