Baltia Air Lines Inc. (fka BLTA)

[$UPERMAN]

1. An amendment (the “ Name Change Amendment ”) to our Certificate of Incorporation to change the name of the Company from “Baltia Air Lines, Inc.” to “USGlobal Airways, Inc.,” such name change to occur at such time and date, as determined by the Board of Directors (the “ Board ”) of the Company in its sole discretion (the “ Name Change Proposal ”); and



2. An amendment to Article III of the Company’s Certificate of Incorporation, as amended, to effect a reverse stock split of the Company’s capital stock at a ratio of between one-for-25 and one-for-50, with such ratio to be determined at the sole discretion of the Board and with such reverse stock split to be effected at such time and date, if at all, as determined by the Board in its sole discretion (which is referred to as the “ Reverse Split Proposal ”).



Pursuant to the provisions of the Company’s bylaws, as amended, the Board has fixed the close of business on April 20, 2017 as the record date for determining the stockholders of the Company entitled to notice of, and to vote at, the Special Meeting or any adjournment thereof. Accordingly, only stockholders of record at the close of business on April 20, 2017 are entitled to notice of, and shall be entitled to vote at, the Special Meeting or any postponement or adjournment thereof.



Please review in detail the attached notice and proxy statement for a more complete statement of matters to be considered at the Special Meeting.



Your vote is very important to us regardless of the number of shares you own. Whether or not you are able to attend the Special Meeting in person, please read the proxy statement and promptly vote your proxy via the internet, by telephone or, if you received a printed form of proxy in the mail, by completing, dating, signing and returning the enclosed proxy in order to assure representation of your shares at the Special Meeting. Granting a proxy will not limit your right to vote in person if you wish to attend the Special Meeting and vote in person.



http://ih.advfn.com/p.php?pid=nmona&article=74346265&symbol=BLTA



Special Stockholders Meeting Will be held at 10am EST May 11, 2017

https://www.sec.gov/Archives/edgar/data/869187/000161577417001692/s105873_pre14a.htm


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