Replies to post #90038 on Baltia Air Lines Inc. (fka BLTA)

[keithg70]

Robodog Could a reverse merger be in the works with one of these other company's ?

[mysterymeat]

As per the agreement, the $6.5 mil is only for the shares of Songbird. If 2.4 & 6.8 are part of the $6.5 mil, they would not state: Buyer shall also pay.

2.2 Purchase Price; Purchase Deposit. The consideration payable for purchase of the Shares is ($6,500,000),....

2.4 Additional Amounts: Buyer shall also pay Seller on or before the Closing Date, such pro rated amounts in respect of payroll payments of Songbird, and similar payments relating to Songbird, prorated with reference to the Closing Date and the Effective Time.....

6.8 Aircraft Lease Agreement.... Buyer shall also pay AerSale 25417 LLC before Closing: (a) the cost of the C Check to be performed on the Aircraft around the time of Closing (to be paid before induction into the C Check)....