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Avantair CFO Resigns

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http://biz.yahoo.com/e/130326/aair8-k.html

"Effective March 21, 2013, the President of the Company, Stephen M. Wagman, resigned his position with the Company to pursue other opportunities. Mr. Wagman will remain with the Company in order to transition his previous responsibilities through April 14, 2013. Upon Mr. Wagman's departure from the Company, David Haslett, will be appointed President and assume Mr. Wagman's responsibilities. "
 
http://biz.yahoo.com/e/130326/aair8-k.html

"Effective March 21, 2013, the President of the Company, Stephen M. Wagman, resigned his position with the Company to pursue other opportunities. Mr. Wagman will remain with the Company in order to transition his previous responsibilities through April 14, 2013. Upon Mr. Wagman's departure from the Company, David Haslett, will be appointed President and assume Mr. Wagman's responsibilities. "


Avantair guys, is this "Pan, Pan, Pan" or "Mayday, Mayday, Mayday"?

From the cheap seats, the CFO and the President departing the pattern within days of each other sure doesn't look good.

Best of luck.
 
http://biz.yahoo.com/e/130326/aair8-k.html

"Effective March 21, 2013, the President of the Company, Stephen M. Wagman, resigned his position with the Company to pursue other opportunities. Mr. Wagman will remain with the Company in order to transition his previous responsibilities through April 14, 2013. Upon Mr. Wagman's departure from the Company, David Haslett, will be appointed President and assume Mr. Wagman's responsibilities. "

Yes guys. Get your resumes out now. Actively be looking. This is an ominous sign. Take something, anything, if you are offered.

Good luck.
 
It's either the death spiral is tightening up, or the take over is starting. For the pilots' sake, I hope it is the latter.
 
It's either the death spiral is tightening up, or the take over is starting. For the pilots' sake, I hope it is the latter.
 

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