CUSIP No. 058823105
UNITED STATES
BALTIA AIR LINES, INC. | ||
Common Stock (Title of Class of Securities) 058823105 (CUSIP Number) | ||
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If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of secs. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [__] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See sec. 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes). |
CUSIP No. 058823105
1. Name(s) of Reporting Person(s) : John A. DRAGO
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2. Check the Appropriate Box is a Member of A Group | (a) [__] (b) [__] |
3. SEC Use Only | |
4. Source of Funds:
PF | |
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): [__] | |
6. Citizenship or Place of Organization: New York, USA | |
Number of |
7. Sole Voting Power:1,008,173,896 8. Shared Voting Power: -0- 9. Sole Dispositive Power: 1,008,173,896 10. Shared Dispositive Power: -0- |
11. Aggregate Amount Owned Each Reporting Person: 1,008,173,896 12. Check if the Aggregate Amount in Row 11 Excludes Certain Shares (See Instructions): [__] 13. Percent of Class Represented by Amount in Row 11: 14.03%, | |
14. Type of Reporting Person: IN |
CUSIP No. 058823105
AMEMDMENT NO. 4 - SCHEDULE 13-D This amendment is filed to reflect changes in the number of shares owned by the reporting person. All items not amended herein remain the same as previously filed. | |
ITEM 5: | Interest in Securities of Issuer Item 5 is amended as follows: The reporting person has acquired, over multiple years, a substantial interest in the issuer company, at present 1,008,173,896 shares of the issuer's outstanding common shares. In addition, Mr. Drago's wife, whom he married in July 2014, presently holds 41,652,406 unrestricted shares of the company. The combined family total is 1,049,826,302 or 14.60% of the currently outstanding shares of the company. |
CUSIP No. 058823105
SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: October 30, 2015 John A Drago Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) |