The questions still needs to be asked.
Why did the company go under?
Who was making the decisions?
What was the strategy?
How in Gods name does one pick up two viable (albeit small) aviation companies and within 12 months it turns to crud?!
Why did the CEO bugger off to the UK?
Was it to raise more funds or had the decision been made to close the doors well before Saturday and he had quit?
I've got my thoughts but it would interesting to see others views who've run a business!