Baltia Air Lines Inc. (fka BLTA)

[Firestream]

Skipped the first part eh?

We are working to close this acquisition on or before September 15, 2017.

Nothing states that "it will be done by that date". This is a target date that they are working towards. In business, especially the airline business, it's not always possible to guarantee an exact date!
Can't just pick and choose parts of the company's statement, must ready the whole thing to properly understand it! Target date vs exact date..... it's black and white that this is a target date!