Baltia Air Lines Inc. (fka BLTA)

[Asterixus]

**MUST NOT OVERLOOK THIS **

ON JUNE 15 2017

...blah...blah...blah...PERSUANT TO THE TERMS OF THE LOI, THE CLOSING OF THE ACQUISITION SHALL BE NO LATER THAN 90 DAYS FROM THE DATE...

FROM WHAT?

FROM THE DATE OF THE EXECUTION OF THE L-O-I.

FROM WHAT AGAIN?

FROM THE DATE OF THE EXECUTIVION OF THE L-O-I.
https://www.sec.gov/Archives/edgar/data/869187/000161577417003380/s106693_8k.htm

So, if 90 Days = 3 months

And if

JUN15 - JUL15 = 1 month
JUL15 - AUG15 = 2 months
AUG15 - SEP15 = 3 months

How the heck are we now eyeing NOV 15 as the date for the closing of the acquisition? This sounds a whole lot like the KALITTA THEOREM. But again why should investors expect a PR soon announcing competition of acquisition when the very last paragraph tells us that THERE CAN BE NO ASSURANCES THAT THE COMPANY WILL ENTER INTO A DEFINITIVE AGREEMENT...