Dookie;
Can't comment about the two aircraft you mention but one of their 152's is in for major heart surgery that they cannot pay for. They have effectively defaulted with nearly every major maintenance organisation in NSW over the past 10 years and are 'cash only' account holders with most aviation suppliers around the country due to their shocking credit history!
Woomera;
Your assumption is correct - interesting to note since this thread has been started, their websites have been very seriously edited and some of their outlandish claims have been removed or amended! (Too many enquiring eyes of late!) At least one good thing has come from all this; let's hope they can keep their honesty in check from here on in?
Angelseeker;
Any news on your particular issues concerning this mob?