Replies to post #95531 on Baltia Air Lines Inc. (fka BLTA)

[mysterymeat]

The rest of that paragraph: The Agreement may be terminated by each of the Company and AerSale at any time prior to the closing if any judgment, order, injunction writ, ruling, verdict, decree, stipulation or award of any governmental authority restrains, prohibits or enjoins either the Company or AerSale from consummation the transaction. In addition, after October 31, 2017, in the event that the closing has not yet occurred due to a material breach by either of AerLine or the Company of any of their representations, warranties, covenants, obligations or agreements made in the Agreement, and such breach is incapable of being cured or, if capable of being cured, shall not have been cured within 15 days after written notice thereof, then the other party may terminate the Agreement. In the event that the Company terminates the Agreement pursuant to such terms, AerSale shall return to the Company any and all amounts of the purchase price paid by the Company to AerSale, minus any fees due to the escrow agent.

Is there an 8k from Baltia indicating the agreement was terminated by either party prior to the closing? No?

Is there an 8k stating there have been any judgments, orders, injunction writs, rulings, verdicts, decrees, stipulations or awards of any governmental authority restrains, prohibits or enjoins either the Company or AerSale from consummation the transaction? No?

Is there an 8k showing us that Baltia terminated the agreement with Aerline? No?

There is an 8k that states Aerline terminated the agreement due to Baltia's failure to proceed with the closing as scheduled.