Air Baltic on the verge of bankruptcy?
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Is AirBaltic in default too?????? And to think it’s a loan listed on Mintos. It’s the third borrower I invested in—after Nera Capital and the EDS bonds—that has already gone into default. Words fail me!! I’m at risk of losing everything
by investing through Mintos, while the company busies itself advertising new financial products. And what about the investors—so many of them—who are taking huge risks and are on the verge of losing their money? How are they being protected? This is... negative publicity.0 -
believe Mintos should not have granted access to these entities in the first place; they should have scrutinized their reliability and solvency more carefully, given the serious problems they are causing us investors—problems that are also weighing, and will continue to weigh, negatively on Mintos itself.
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Well, a company can develop over the years, sometimes for the worse, and Mintos can't predict that. But if a payment delay is looming, Mintos should take action, find out what the problem is, and act. Mintos certainly receives firsthand information. I find it very concerning that, as an investor, I only find out about the difficulties of a company I've invested in through Mintos from the newspaper.
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Now, with this update from half an hour ago, the situation Air Baltico is clearer. Let's hope for a positive outcome, even if it's still a long way off.
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