Washington, D.C. 20549









Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934




Date of Report (Date of earliest event reported): August 4, 2015




(Exact Name of Registrant as Specified in Charter)


Nevada   333-185572   99-0367603

(State or other jurisdiction

of incorporation)

  (Commission File Number)   (IRS Employer Identification No.)

1111 Kane Concourse

Suite 518

Bay Harbor Islands, FL

(Address of principal executive offices)       (Zip Code)


Registrant’s telephone number, including area code: (954) 905-6006


(Former name or former address, if changed since last report): Basta Holdings, Corp.



Copies to:

Thomas Rose, Esq.

Sichenzia Ross Friedman Ference LLP

61 Broadway, 32 nd Floor

New York, New York 10006

Telephone: (212) 930-9700


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d 2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






This Current Report on Form 8-K contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to (i) securing capital for general working purposes, and (ii) other risks and in statements filed from time to time with the Securities and Exchange Commission (the “ SEC ”). All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to, and will not, update any forward-looking statements to reflect events or circumstances after the date hereof.


Item 1.01 Entry into a Material Definitive Agreement
Item 2.01 Completion of Acquisition or Disposition of Assets
Item 3.02 Unregistered Sales of Equity Securities


On August 4, 2015, Blackpoll Fleet International, Inc. (the “ Company ”) entered into an asset purchase agreement (the “ Agreement ”) with Alpha Investment and Lending Corp. (“ Alpha ”). Pursuant to the Agreement, the Company acquired from Alpha a Mil MI-8 medium utility helicopter (the “ Aircraft ”) in exchange for the issuance of 2,317,143 restricted common shares of the Company to Alpha, which the Company and Alpha agreed have a value of $1,622,000. Alpha also executed and delivered to the Company a Bill of Sale (the “Bill of Sale and with the Agreement, the “ Agreements ”) conveying the Aircraft to the Company.


The foregoing description of the terms of the Agreements does not purport to be complete and is subject to, and qualified in its entirety by reference to, the Agreements, which are filed herewith as Exhibit 10.1 and Exhibit 10.2 and are incorporated herein by reference.


Item 9.01 Financial Statements and Exhibits


(d) Exhibits .


Exhibit No.   Description

Asset Purchase Agreement, between Blackpoll Fleet International, Inc. and Alpha Investment and Lending Corp., dated August 4, 2015 

10.2   Bill of Sale by Alpha Investment and Lending Corp., dated August 4, 2015






Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


Date:  August 7, 2015 By: /s/ JACOB GITMAN
  Jacob Gitman
  Chief Executive Officer




Exhibit 10.1


Aircraft Purchase/Sales Agreement


THIS AGREEMENT, is entered into this 4 th day of August, 2015, by and between BlackPoll Fleet International, Inc. (the "Buyer"), a Nevada corporation whose principal address is 610 SW 34 th St Suite 207 Ft. Lauderdale, FL and Alpha Investment and Lending Corp (the "Seller"), a Delware corporation whose principal address is 1013 Centre Rd Suite 403-a Wilmington, DE 19805;


IN WITNESS WHEREOF, in consideration of the premises, the mutual covenants contained herein, and other good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties do hereby agree as follows:


1. Sale of Aircraft. Seller agrees to sell to Buyer and Buyer agrees to purchase from Seller the following Aircraft (the "Aircraft"):

Aircraft Make: Mil

Aircraft Model: 8P

Aircraft Registration Number: 4L-BPF

Aircraft Serial Number: 10113

Aircraft shall be equipped as follows

Left Engine serial #: C99401194

Right Engine serial #: C94301205

Gear box serial #: CP89111008


Seller warrants that Seller owns the Aircraft and that ownership will be transferred to Buyer free and clear of any liens, claims, charges, or encumbrances. Upon delivery of the Aircraft and payment of the balance of the purchase price, in accordance with this Agreement, Seller shall execute a bill of sale granting ownership to the Aircraft.

2. Consideration. It is agreed that the price of the Aircraft is valued at one million six hundred twenty two thousand dollars ($1,622,000.00) and is payable in cash or 2,317,143 restricted common shares of Blackpoll Fleet International Inc. stock. Payment is due on delivery of the Aircraft. All monies paid in accordance with this Agreement will be made by cash, cashier's check, certified check, wire transfer, or equivalent.


3. Aircraft Delivery. It is agreed that the Aircraft and its logbooks shall be delivered to Mazar A Sharif (MZR) Airport. Payment in full, as described above, is a condition of delivery. Ownership and risk of loss or damage to the Aircraft shall pass to Buyer at the time of delivery. The Aircraft will be delivered to Buyer in its present condition.


4. Warranties. There are no warranties, either express or implied with respect to merchantability or fitness applicable to the Aircraft or any equipment applicable thereto including warranties as to the accuracy of the Aircraft's logbooks, made by Seller. Buyer agrees that no warranty has been expressed or implied by Seller and that Buyer has inspected the Aircraft and understands that it is being purchased "as is." Buyer hereby expressly waives any claim for incidental or consequential damages, including damages resulting in personal injury against Seller.

5. Taxes. The Buyer shall pay any sales or use tax imposed by a state or local government, which results from the sale of the Aircraft.


6. Assignment. This Agreement may not be transferred or assigned without written authorization signed by Seller and Buyer.


7. Notice. All notices and requests required or authorized under this Agreement shall be given in writing by certified mail, return receipt requested. The date on which any such notice is received by the addressee shall be deemed the date of notice.


8. Governing Law. This Agreement is a contract executed under and to be construed under the laws of the State of Florida.


9. Waiver. Either party's failure to enforce any provision of this Agreement against the other party shall not be construed as a waiver thereof so as to excuse the other party from future performance of that provision or any other provision.




10. Severability. The invalidity of any portion of the Agreement shall not affect the validity of the remaining portions thereof.


11. Paragraph Headings. The headings to the paragraphs to this Agreement are solely for convenience and have no substantive effect on the Agreement nor are they to aid in the interpretation of the Agreement.


12. Entire Agreement. This Agreement constitutes the entire Agreement between the parties. No statements, promises, or inducements made by any party to this Agreement, or any agent or employees of either party, which are not contained in this written contract shall be valid or binding. This Agreement may not be enlarged, modified, or altered except in writing signed by the parties.


IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and year first above written.


/s/Boruch Freedman     /s/Jacob Gitman
/s/ Kathy Sanchez     /s/ Ekaterina Sorsher




Exhibit 10.2








Know all men by these presents that the undersigned ALPHA INVESTMENT AND LENDING Corp. governed by the Laws of the State of Delaware is the owner of the full legal and beneficial titles of the following Helicopter:


Manufacturer of the Helicopter: KAZAN Helicopter Plant, Russia

Model: Mi-8P

Manufacturer serial Number: 10313


Engines: Engine LH, serial Number: C99401194

Engine RH, serial Number: C94301205

Main gearbox: serial Number CP89111008

Registration mark: 4L-BPF


That such title to said Helicopter is not subject to any mortgage or other encumbrances.


ALPHA INVESTMENT AND LENDING Corp. whose registered office is situated at 1013 Centre rd Suite 403 Wilmington, DE does this 4 August 2015 sell, grant, transfer and deliver all of its above described rights and title to the above described helicopter together with all equipment installed therein to Black Poll Fleet International, who registered office is situated at 610 SW 34 th St Suite 307 Ft. Lauderdale, FL 33315 and to their successors and assigns forever, said Helicopter to be registered as the property of Black Poll Fleet International.


In witness whereof, the present document has been executed by a duly authorized Officer.



  For and on behalf of ALPHA INVESTMENT AND LENDING Corp.
  Name: Boruch Freedman
  Title: President