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Re: Monroe1 post# 96438

Monday, 01/29/2018 4:01:38 PM

Monday, January 29, 2018 4:01:38 PM

Post# of 105600
The Buyer, Baltia's really sharp dude Tony, agreed to the Sellers terms in the LOI dated 6/15/17. Tony agreed to the terms of the Seller on the formal agreement dated 8/1/17. There were no amendments to the agreed upon deal that was to close no later than 10/31/17.

After thumbing his nose to the DOT's notice and withdrawing their FAA certification application Tony feeds the shareholders another line manure "As the company undergoes its transition and preparation for operating as a Part 121 air carrier, we understand that it is vital for us to maintain transparency and hold ourselves to the standards we set forth during our Special Shareholders Meeting in May 2017. To that end, we have been working diligently for several months to acquire Songbird Airways and are committed to closing the deal. I want to assure you that we are eager to resolve the delays in the closing with Songbird and remain as dedicated as ever to moving beyond this chapter of our pre-revenue business in order to rapidly proceed toward scheduled passenger flights."

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