Monday, September 30, 2013 11:11:39 AM
Advisory Expense Committee Appointees: Mark McLaughlin, John Strawn, Esq., and William Robinson. "Just as the Advisory Board has brought structure and order to CAVU's business, likewise the Advisory Expense Committee aims to oversee the expense side of CAVU's business, especially important as CAVU is expecting much improved revenues in the 4th quarter, 2014 and beyond," stated Chairman of the advisory committee Mark McLaughlin.
"The mission of this Advisory Expense Committee is to better CAVU's integrity and efficiency through responsible expense controls, as well as improving the Company's accounting processes. We have taken this step for CAVU's shareholders and believe this is the first action in aligning the company for an eventual up-listing," stated John Strawn Esq.
"We have created this committee to insure CAVU's shareholders moving forward that we have the necessary guidelines in place for full transparency for our investors. As we continue to execute our business plan designed to increase our revenues, grow CAVU's assets and reduce debt. We plan to consolidate all short term vendors and the balance of our existing debt into a more manageable long-term debt, now that we are producing consistent cash flows. We also plan to form finance and audit committees from existing management and advisory board members to insure this is properly executed we need defined structure in place for full, monetary accountability," stated William Robinson, President. . .
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