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Post# of 105600
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mysterymeat

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mysterymeat

Re: Tiresias post# 98142

Sunday, 03/25/2018 12:23:37 PM

Sunday, March 25, 2018 12:23:37 PM

Post# of 105600
The company did inform the shareholders from the outset about the deposit.
From the LOI filed in June 2017: As of June 23, 2017, the Company has made a good-faith deposit of $1,000,000 with a third party escrow agent, which funds shall be fully refundable to the Company in the event that the Company and Songbird do not enter into a formal, definitive purchase agreement.
https://www.sec.gov/Archives/edgar/data/869187/000161577417003380/s106693_8k.htm

Again when they entered into the material agreement: The Company previously made a good-faith deposit of $1,000,000 with a third party escrow agent, which funds were released to AerLine on September 1, 2017.
https://www.sec.gov/Archives/edgar/data/869187/000161577417004908/s107400_8k.htm

And when they announced the termination: In connection with the Agreement, the Company made a good-faith deposit of $1,000,000 with a third party escrow agent, which funds were released to AerLine on September 1, 2017.
https://www.sec.gov/Archives/edgar/data/869187/000161577417007036/s108303_8k.htm

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