New management was brought on in late summer of 2012 and former management was terminated. New management consisted of Frank Russo as director and CEO and Kevin Wright of AiroUSA as COO and director. New management promptly discovered numerous issues from judgments against the company to lack of financial controls and a business plan that was ill-conceived being capital-intensive with razor-thin margins. Frank and Kevin have spent the last two quarters getting the company’s house back in order and correcting numerous operational issues.
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