hope this one goes pop before poop
Baltia Air Lines Inc - News Release - 2002-04-29 22:37
Baltia Air Lines Reports Progress On the Upgrade of Its Listing
Baltia Air Lines Reports Progress On the Upgrade of Its Listing
NEW YORK, Apr 12, 2002 (BUSINESS WIRE) -- Baltia Air Lines, Inc. (BLTA) reported
that it has already responded to the second round of comments in its filing for
BB listing. Baltia is current with its SEC filings, and has recently applied to
upgrade its listing from the Pink Sheets to BB.
When asked about Jet Blue's public offering, Igor Dmitrowsky, President and
Chief Executive Officer of Baltia Air Lines, Inc., said, "The significant demand
for the Jet Blue stock is very encouraging to Baltia Air Lines."
Baltia Air Lines, Inc. is a U.S. startup airline preparing to operate non-stop
flights from JFK International Airport to St. Petersburg, Russia, which will
accommodate passengers as well as cargo commencing in 2002.
Forward-looking statements in this release are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are based on current management expectations that
involve risks and uncertainties that may result in such expectations not being
realized. Potential risks and uncertainties include, but are not limited to, the
risks described in filings with the Securities and Exchange Commission.
CONTACT: Baltia Air Lines, Inc., New York
Igor Dmitrowsky, 718/275-5205
or
The Pinnacle Group, New York
Mark Cohen, 516/773-2477
info@pinnaclegroupny.com
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