BLACKPOLL FLEET INTERNATIONAL, INC. (OTCMKTS:BPOL) Files An 8-K Changes in Control of Registrant

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BLACKPOLL FLEET INTERNATIONAL, INC. (OTCMKTS:BPOL) Files An 8-K Changes in Control of Registrant
Item 5.01 Changes in Control of Registrant.

On June 30th 2017, Blackpoll Fleet International, Inc. (the “Registrant”) executed a Subscription Agreement with Dan Oran (the “Subscriber”). The Subscriber subscribed for seventeen million nine hundred seventy-one thousand three hundred seventy-seven (17,971,377) shares of Registrant’s Common Stock, .001 par value (the “Shares”) which represents eighty six percent (86%) of Registrant’s 21,004,515 outstanding shares of common stock for a purchase price of $160,000.

The Subscriber used his own funds in connection with the purchase of the Shares.

Biographical Information

Mr. Oran is 52 years of age. He has more than 27 years of experience as a successful business owner in the US and Israel with extensive knowledge of finance, sales and cost management skills. Mr. Oran is also a seasoned Real Estate investor who owns and manages both commercial and residential properties in South Florida and abroad. Since June 2016, Mr. Oran has been a Director of Nutra Pharma Corp., a Public Company. Since 2014 he has been the brand builder and consultant for the Cybertec Group, a communications technology company. From 2008 through 2014 he owned and managed Aboulafia Since 1879, a manufacturer and distributor of electronics equipment. From 1999 through 2008, Mr. Oran owned and managed Lav Distributors, a distributor of electronics equipment. Mr. Oran was raised and educated in Israel, moving to the United States in 1990.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective June 30th 2017 Dr. Jacob Gitman, tendered his resignation as Company director. There were no disagreements between Dr. Gitman and the Company regarding its operations or procedures. A copy of this Form 8-k has been provided to Dr. Gitman.

Concurrent with the resignation of Dr. Gitman, the Board of Directors appointed Dan Oran to the Board of Directors.

There are no family arrangements between Mr. Oran and any person or entity affiliated with the Registrant.

Over the past 10 years, Mr. Oran has not: (a) been involved as a general partner or executive officer of any business, which has filed a bankruptcy petition; (b) been convicted in a criminal proceeding or a named subject of a pending criminal proceeding; (c) been found in a court, the Securities and Exchange Commission or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law; (d) been the subject of any order, judgment or degree, permanently or temporarily enjoining him from or otherwise limiting, the following activities: (i) acting as a futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, floor broker, leverage transaction, merchant, any other person regulated by the Commodity Futures Trading Commission, or an associated person of any of the foregoing, or as an investment adviser, underwriter, broker or dealer in securities, or as an affiliated person, director or employee of any investment company, bank savings and loan association or insurance company, or engaging in or continuing any conduct or practice in connection with such activity; (ii) engaging in any type of business practice; or engaging in any activity in connection with any violation of federal or state securities laws or federal commodities laws. Further, Mr. Oran has never been the subject of, or a party to, any federal or state judicial or administrative order, judgment, decree, or finding relating to an alleged violation of any federal or state securities or commodities law or regulation; or any law or regulation respecting financial institutions or insurance companies, including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease and desist order, or removal or prohibition order; or any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity.

Mr. Oran shall be compensated $ 7,500 per month as Director.

Item 9.01Financial Statements and Exhibits.

Exhibit No. Description of Exhibit
10.1 Subscription Agreement between the Registrant and Dan Oran dated June 30th 2017
10.2 Director Agreement between the Registrant and Dan Oran dated June 30th 2017
17.1 Jacob Gitman resignation and Dan Oran appointment as Director dated June 30th 2017


BLACKPOLL FLEET INTERNATIONAL, INC. Exhibit
EX-10.2 21 ex10_2.htm EXHIBIT 10.2     Exhibit 10.2   BOARD MEMBER AGREEMENT   This Board Member Engagement and Compensation Agreement (“Agreement”) is made and entered into as June 30th,…
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About BLACKPOLL FLEET INTERNATIONAL, INC. (OTCMKTS:BPOL)

BlackPoll Fleet International, Inc., formerly Basta Holdings, Corp., is engaged in the provision of aviation services to third parties. The Company is a provider of contract procurement, aviation business development and aircraft management services for fixed and rotary winged aircraft. It focuses on provision of cargo aviation services, long-term lease or charter management, fixed and rotary maintenance and overhaul service, business aviation, and fixed base operations (FBO) development and operation. It offers services, such as Aircraft/Crew/Maintenance/Insurance (ACMI) leasing; passenger and cargo operations; aircraft management maintenance and overhaul; FBO management; logistics management for construction, mining, logging and remote heavy industry; offshore drilling support; aerial mapping and surveillance services; air ambulance; logistical and airlift support services; search and rescue; very important person transport; emergency evacuation, and humanitarian relief efforts.