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mysterymeat

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mysterymeat

Re: Monroe1 post# 95188

Tuesday, 12/12/2017 12:49:29 PM

Tuesday, December 12, 2017 12:49:29 PM

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Why would anyone assume it was refunded? Aerline terminated the agreement because of Baltia's failure to proceed with the closing as scheduled.
The only way Baltia was entitled to a refund is if Aerline committed a material breach of the agreement. If they had, the 8k would have been about Baltia sending Aerline written notice terminating the agreement and repayment of the purchase deposit.
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