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Re: titan11 post# 7538

Friday, 06/03/2011 3:06:43 PM

Friday, June 03, 2011 3:06:43 PM

Post# of 19899
Thanks Titan; this is from the 8-K, its just a matter of time you guys. Its all beginning to shape now.

4.
Event of Merger . Previously, on December 10, 2010, the Parties entered into an Agreement and Plan of Merger (the “ Merger ”) related to the proposed merger between the Parties. Although the Merger had not closed prior to the termination period and the related agreement has since expired, the Parties are currently in non-binding negotiations to finalize the proposed Merger. In the event the Parties are able to finalize and close the Merger while the Aircraft continues to be employed under the Definitive Agreements, subject to further agreement between the Parties, such Definitive Agreements shall be terminated and the Aircraft shall continue to be employed by the combined merged entity.

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