On October 5th this site posted a statement about the perceived or potential conflict of interest several people and business may have regarding Kitty Hawk . Kitty Hawk currently leases space at the Fort Wayne International Airport. You can read the post at:
http://fwroadkill.blogspot.com/2007/10/who-does-who-represent-in-leasebond.html
In a filing with the Securities Exchange Commission, Mr. Joseph D. Ruffolo resigned from the board of directors of Kitty Hawk on October 2nd. The filing was not signed by a Kitty Hawk officer until October 9th. You can read the filing at:
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0000950134-07-021047&Type=HTML
The Fort Wayne Journal Gazette carried a story in their paper on October 13th. You can read the story at:
http://www.journalgazette.net/apps/pbcs.dll/article?AID=/20071013/BIZ/710130353
Mr. Ruffolo should be commended for removing himself from any perceived or potential conflict of interest as the future of Kitty Hawk is unknown.
The original post stated the stock was no longer being traded which was in error. AMEX is seeking to have the stock removed from being traded on their exchange. The stock has been trading for under 10 cent a share as of late.
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