----

----

----

| (Amounts      in 000’s)                                          |   | THREE      MONTHS ENDEDDECEMBER      31, |    |   | SIX      MONTHS ENDEDDECEMBER      31, |   |
|------------------------------------------------------------------------|--------|------------------------------------------|---------|--------|----------------------------------------|--------|
|                                                                   |   | 2008                                     |    |   | 2007                                   |   |   | 2008 |   |   | 2007 |   |
|                                                                   |   |                                     |    |   |                                   |   |   |   |   |   |   |   |
| Net      income (loss)                                                 |   | $                                        | (10,216 | )      |                                   | $      | 1,324 |   |   | $ | (9,966 | ) |   | $ | 1,413 |   |
|                                                                   |   |                                     |    |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                   |   |                                     |    |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Interest      expense – net                                      |   |                                     | 67      |   |                                   |   | 47 |   |   |   | 92 |   |   |   | 71 |   |
| Income      tax expense (benefit)                                      |   |                                     | (383    | )      |                                   |   | 744 |   |   |   | (230 | ) |   |   | 737 |   |
| Depreciation      and amortization                                     |   |                                     | 473     |   |                                   |   | 242 |   |   |   | 788 |   |   |   | 481 |   |
|                                                                   |   |                                     |    |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| EBITDA                                                                 |   |                                     | (10,059 | )      |                                   |   | 2,357 |   |   |   | (9,316 | ) |   |   | 2,702 |   |
| Share-based      compensation and other non-cash charges               |   |                                     | 38      |   |                                   |   | 95 |   |   |   | 89 |   |   |   | 177 |   |
| Change      in estimate of liabilities assumed in Airgroup acquisition |   |                                     | -       |   |                                   |   | (1,431 | ) |   |   | - |   |   |   | (1,431 | ) |
| Tax      indemnity                                                     |   |                                     | -       |   |                                   |   | (487 | ) |   |   | - |   |   |   | (487 | ) |
| Goodwill      impairment                                               |   |                                     | 11,403  |   |                                   |   |   |   |   |   | 11,403 |   |   |   |   |   |
|                                                                   |   |                                     |    |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Adjusted      EBITDA                                                   |   | $                                        | 1,382   |   |                                   | $      | 534 |   |   | $ | 2,176 |   |   | $ | 961 |   |

----

----

|                                                                                                                                                                      |   | December      31, |          |   | June      30, |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|---------------|--------|---------------|--------|
|                                                                                                                                                                      |   | 2008              |          |   | 2008          |   |
| ASSETS                                                                                                                                                                    |   |              |          |   |          |   |
| Current      assets -                                                                                                                                                     |   |              |          |   |          |   |
| Cash      and cash equivalents                                                                                                                                            |   | $                 | 1,023,812     |   |          | $      | 392,223 |   |
| Accounts      receivable, net of allowance for doubtful accounts of $994,439      at December 31, 2008 and $513,479 at June 30, 2008                                      |   |              | 21,047,684    |   |          |   | 14,404,002 |   |
| Current      portion of employee loan receivables and other receivables                                                                                                   |   |              | 704,576       |   |          |   | 68,367 |   |
| Prepaid      expenses and other current assets                                                                                                                            |   |              | 381,609       |   |          |   | 425,657 |   |
| Income      tax deposit                                                                                                                                                   |   |              | 2,037,642     |   |          |   | - |   |
| Deferred      tax asset                                                                                                                                                   |   |              | -             |   |          |   | 292,088 |   |
|               Total      current assets                                                             |   |              | 25,195,323    |   |          |   | 15,582,337 |   |
|                                                                                                                                                                      |   |              |          |   |          |   |   |   |
| Technology,      furniture and equipment, net                                                                                                                             |   |              | 977,495       |   |          |   | 717,542 |   |
|                                                                                                                                                                      |   |              |          |   |          |   |   |   |
| Acquired      intangibles, net                                                                                                                                            |   |              | 3,877,353     |   |          |   | 1,242,413 |   |
| Goodwill                                                                                                                                                                  |   |              | -             |   |          |   | 7,824,654 |   |
| Employee      loan receivable                                                                                                                                             |   |              | 40,000        |   |          |   | 40,000 |   |
| Investment      in real estate                                                                                                                                            |   |              | 40,000        |   |          |   | 40,000 |   |
| Deposits      and other assets                                                                                                                                            |   |              | 397,125       |   |          |   | 131,496 |   |
| Minority      interest                                                                                                                                                    |   |              | 26,931        |   |          |   | 24,784 |   |
|               Total      long term assets                                                           |   |              | 4,381,409     |   |          |   | 9,303,347 |   |
| Total      assets                                                                                                                                                         |   | $                 | 30,554,227    |   |          | $      | 25,603,226 |   |
|                                                                                                                                                                      |   |              |          |   |          |   |   |   |
| LIABILITIES AND STOCKHOLDERS'      EQUITY                                                                                                                                 |   |              |          |   |          |   |   |   |
| Current      liabilities -                                                                                                                                                |   |              |          |   |          |   |   |   |
| Notes      payable                                                                                                                                                        |   | $                 | 633,333       |   |          | $      | 113,306 |   |
| Accounts      payable and accrued transportation costs                                                                                                                    |   |              | 12,340,748    |   |          |   | 9,914,831 |   |
| Commissions      payable                                                                                                                                                  |   |              | 1,361,060     |   |          |   | 1,136,859 |   |
| Other      accrued costs                                                                                                                                                  |   |              | 903,162       |   |          |   | 221,808 |   |
| Income      taxes payable                                                                                                                                                 |   |              | -             |   |          |   | 498,142 |   |
| Deferred      tax liability                                                                                                                                               |   |              | 1,112,965     |   |          |   | - |   |
| Due      to former Adcom shareholder                                                                                                                                      |   |              | 2,201,849     |   |          |   | - |   |
| Total      current liabilities                                                                                                                                            |   |              | 18,553,117    |   |          |   | 11,884,946 |   |
|                                                                                                                                                                      |   |              |          |   |          |   |   |   |
| Long      term debt                                                                                                                                                       |   |              | 12,049,790    |   |          |   | 4,272,032 |   |
| Deferred      tax liability                                                                                                                                               |   |              | 800,232       |   |          |   | 422,419 |   |
| Total      long term liabilities                                                                                                                                          |   |              | 12,850,022    |   |          |   | 4,694,451 |   |
| Total      liabilities                                                                                                                                                    |   |              | 31,403,139    |   |          |   | 16,579,397 |   |
|                                                                                                                                                                      |   |              |          |   |          |   |   |   |
| Stockholders'      equity (deficit):                                                                                                                                      |   |              |          |   |          |   |   |   |
| Preferred      stock, $0.001 par value, 5,000,000 shares authorized; no shares issued or      outstanding                                                                 |   |              | -             |   |          |   | - |   |
| Common      stock, $0.001 par value, 50,000,000 shares authorized: issued      and outstanding: 34,701,960 at December 31, 2008 and 34,660,293      at June 30, 2008 |   |              |   16,158 |   |          |   |   16,116 |   |
|             Additional      paid-in capital                                                                   |   |              | 7,796,392     |   |          |   | 7,703,658 |   |
|             Retained      earnings (deficit)                                                                  |   |              | (8,661,462    | )      |          |   | 1,304,055 |   |
| Total      stockholders’ equity (deficit)                                                                                                                           |   |              | (848,912      | )      |          |   | 9,023,829 |   |
|                                                                                                                                                                      |   | $                 | 30,554,227    |   |          | $      | 25,603,226 |   |

----

|                                                               |   | THREE      MONTHS ENDEDDECEMBER      31, |        |   | SIX      MONTHS ENDEDDECEMBER      31, |   |
|--------------------------------------------------------------------|--------|------------------------------------------|-------------|--------|----------------------------------------|--------|
|                                                               |   | 2008                                     |        |   | 2007                                   |   |   | 2008 |   |   | 2007 |   |
|                                                               |   |                                     |        |   |                                   |   |   |   |   |   |   |   |
| Revenue                                                            |   | $                                        | 42,513,263  |   |                                   | $      | 23,108,798 |   |   | $ | 74,907,962 |   |   | $ | 48,666,031 |   |
| Cost      of transportation                                        |   |                                     | 29,023,751  |   |                                   |   | 14,712,256 |   |   |   | 50,235,011 |   |   |   | 31,828,629 |   |
| Net      revenues                                                  |   |                                     | 13,489,512  |   |                                   |   | 8,396,542 |   |   |   | 24,672,951 |   |   |   | 16,837,402 |   |
|                                                               |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Agent      commissions                                             |   |                                     | 9,000,585   |   |                                   |   | 6,154,416 |   |   |   | 16,553,457 |   |   |   | 12,006,234 |   |
| Personnel      costs                                               |   |                                     | 2,110,217   |   |                                   |   | 1,090,305 |   |   |   | 3,723,841 |   |   |   | 2,637,240 |   |
| Selling,      general and administrative expenses                  |   |                                     | 1,026,362   |   |                                   |   | 740,164 |   |   |   | 2,125,384 |   |   |   | 1,435,032 |   |
| Depreciation      and amortization                                 |   |                                     | 472,709     |   |                                   |   | 241,734 |   |   |   | 788,066 |   |   |   | 481,602 |   |
| Restructuring      charge                                          |   |                                     | -           |   |                                   |   | - |   |   |   | 220,000 |   |   |   | - |   |
| Total      operating expenses                                      |   |                                     | 12,609,873  |   |                                   |   | 8,226,619 |   |   |   | 23,410,748 |   |   |   | 16,560,108 |   |
|                                                               |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Income      from operations                                        |   |                                     | 879,639     |   |                                   |   | 169,923 |   |   |   | 1,262,203 |   |   |   | 277,294 |   |
|                                                               |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Other      income (expense):                                       |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Interest      income                                               |   |                                     | 5,429       |   |                                   |   | 1,200 |   |   |   | 6,417 |   |   |   | 2,400 |   |
| Interest      expense                                              |   |                                     | (72,381     | )      |                                   |   | (48,131 | ) |   |   | (98,077 | ) |   |   | (73,871 | ) |
| Other-      non recurring                                          |   |                                     | -           |   |                                   |   | 1,918,146 |   |   |   | - |   |   |   | 1,918,146 |   |
| Goodwill      impairment                                           |   |                                     | (11,403,342 | )      |                                   |   | - |   |   |   | (11,403,342 | ) |   |   | - |   |
| Other                                                              |   |                                     | 108         |   |                                   |   | 13,005 |   |   |   | 35,104 |   |   |   | (6,738 | ) |
| Total      other income (expense)                                  |   |                                     | (11,470,186 | )      |                                   |   | 1,884,220 |   |   |   | (11,459,898 | ) |   |   | 1,839,937 |   |
|                                                               |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Income      (loss) before income tax benefit and minority interest |   |                                     | (10,590,547 | )      |                                   |   | 2,054,143 |   |   |   | (10,197,695 | ) |   |   | 2,117,231 |   |
|                                                               |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Income      tax (expense) benefit                                  |   |                                     | 382,690     |   |                                   |   | 744,269 |   |   |   | 230,031 |   |   |   | 736,537 |   |
|                                                               |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Income      (loss) before minority interest                        |   |                                     | (10,207,857 | )      |                                   |   | 1,309,874 |   |   |   | (9,967,664 | ) |   |   | 1,380,694 |   |
|                                                               |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Minority      interest                                             |   |                                     | (7,843      | )      |                                   |   | 14,334 |   |   |   | 2,147 |   |   |   | 31,946 |   |
|                                                               |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Net      income (loss)                                             |   | $                                        | (10,215,700 | )      |                                   | $      | 1,324,208 |   |   | $ | (9,965,517 | ) |   | $ | 1,412,640 |   |
|                                                               |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Net      income (loss) per common share – basic              |   | $                                        | (.29        | )      |                                   | $      | .04 |   |   | $ | (.29 | ) |   | $ | .04 |   |
| Net      income (loss) per common share – diluted            |   | $                                        | (.29        | )      |                                   | $      | .04 |   |   | $ | (.29 | ) |   | $ | .04 |   |
|                                                               |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted      average shares outstanding:                          |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      shares                                                  |   |                                     | 34,701,960  |   |                                   |   | 33,961,639 |   |   |   | 34,698,563 |   |   |   | 33,961,639 |   |
| Diluted      share                                                 |   |                                     | 34,701,960  |   |                                   |   | 34,078,947 |   |   |   | 34,698,563 |   |   |   | 34,260,955 |   |

----

|                                                                                                                   |   | THREE      MONTHS ENDEDDECEMBER      31, |        |   | SIX      MONTHS ENDEDDECEMBER      31, |   |
|------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------|-------------|--------|----------------------------------------|--------|
|                                                                                                                   |   | 2008                                     |        |   | 2007                                   |   |   | 2008 |   |   | 2007 |   |
| Adjusted      EBITDA                                                                                                   |   | $                                        | 1,381,957   |   |                                   | $      | 533,523 |   |   | $ | 2,176,191 |   |   | $ | 960,098 |   |
| Stock-based      compensation and other non-cash charges                                                               |   |                                     | (37,344     | )      |                                   |   | (94,527 | ) |   |   | (88,671 | ) |   |   | (176,523 | ) |
| Change      in Estimate of liabilities assumed in Airgroup Acquisition                                                 |   |                                     | -           |   |                                   |   | 1,431,452 |   |   |   | - |   |   |   | 1,431,452 |   |
| Goodwill      impairment                                                                                               |   |                                     | (11,403,342 | )      |                                   |   | - |   |   |   | (11,403,342 | ) |   |   | - |   |
| Tax      indemnity                                                                                                     |   |                                     | -           |   |                                   |   | 486,694 |   |   |   | - |   |   |   | 486,694 |   |
| EBITDA                                                                                                                 |   |                                     | (10,058,729 | )      |                                   |   | 2,357,142 |   |   |   | (9,315,822 | ) |   |   | 2,701,721 |   |
|                                                                                                                   |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Depreciation      and amortization                                                                                     |   |                                     | (472,709    | )      |                                   |   | (241,734 | ) |   |   | (788,066 | ) |   |   | (481,073 | ) |
| Interest      expense, net                                                                                             |   |                                     | (66,952     | )      |                                   |   | (46,931 | ) |   |   | (91,660 | ) |   |   | (71,471 | ) |
| Income      tax expense (benefit)                                                                                      |   |                                     | 382,690     |   |                                   |   | (744,269 | ) |   |   | 230,031 |   |   |   | (736,537 | ) |
| Net      income (loss)                                                                                                 |   |                                     | (10,215,700 | )      |                                   |   | 1,324,208 |   |   |   | (9,965,517 | ) |   |   | 1,412,640 |   |
|                                                                                                                   |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| ADJUSTMENTS      TO RECONCILE NET INCOME (LOSS) TO NET CASH                                                            |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| PROVIDED      BY (USED FOR) OPERATING ACTIVITIES:                                                                      |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Non-cash      compensation expense (stock options)                                                                     |   |                                     | 32,779      |   |                                   |   | 31,844 |   |   |   | 80,692 |   |   |   | 93,102 |   |
| Stock      issued for investor relations services                                                                      |   |                                     | -           |   |                                   |   | - |   |   |   | 12,084 |   |   |   | - |   |
| Amortization      of intangibles                                                                                       |   |                                     | 348,045     |   |                                   |   | 136,840 |   |   |   | 565,060 |   |   |   | 273,680 |   |
| Change      in deferred taxes                                                                                          |   |                                     | (518,926    | )      |                                   |   | (628,321 | ) |   |   | 566,866 |   |   |   | (674,847 | ) |
| Depreciation      and amortization of bank fees                                                                        |   |                                     | 129,229     |   |                                   |   | 104,365 |   |   |   | 230,984 |   |   |   | 207,393 |   |
| Goodwill      impairment                                                                                               |   |                                     | 11,403,342  |   |                                   |   | - |   |   |   | 11,403,342 |   |   |   | - |   |
| Tax      indemnity                                                                                                     |   |                                     | -           |   |                                   |   | (486,694 | ) |   |   | - |   |   |   | (486,694 | ) |
| Minority      interest in income (loss) of subsidiaries                                                                |   |                                     | 7,844       |   |                                   |   | (14,334 | ) |   |   | (2,147 | ) |   |   | (31,946 | ) |
| Provision      for doubtful accounts                                                                                   |   |                                     | 53,682      |   |                                   |   | 189,639 |   |   |   | 149,095 |   |   |   | 215,904 |   |
|                                                                                                                   |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                   |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| CHANGE      IN OPERATING ASSETS AND LIABILITIES:                                                                       |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Accounts      receivable                                                                                               |   |                                     | 3,820,991   |   |                                   |   | 4,393,828 |   |   |   | 3,657,072 |   |   |   | 1,927,468 |   |
| Employee      receivable and other receivables                                                                         |   |                                     | 3,423       |   |                                   |   | (53,401 | ) |   |   | (36,813 | ) |   |   | (91,417 | ) |
| Prepaid      expenses and other assets                                                                                 |   |                                     | 9,065       |   |                                   |   | 911,926 |   |   |   | 161,670 |   |   |   | 377,827 |   |
| Accounts      payable & accrued transportation costs                                                               |   |                                     | (6,212,557  | )      |                                   |   | (3,815,638 | ) |   |   | (6,518,887 | ) |   |   | (3,486,772 | ) |
| Commissions      payable                                                                                               |   |                                     | (1,065,356  | )      |                                   |   | (82,247 | ) |   |   | 224,201 |   |   |   | 4,636 |   |
| Other      accrued costs                                                                                               |   |                                     | (99,852     | )      |                                   |   | (50,652 | ) |   |   | 130,571 |   |   |   | (153,475 | ) |
| Income      tax payable                                                                                                |   |                                     | -           |   |                                   |   | 1,146,369 |   |   |   | (498,142 | ) |   |   | 1,038,789 |   |
| Income      tax deposits                                                                                               |   |                                     | (1,604,225  | )      |                                   |   | - |   |   |   | (1,952,614 | ) |   |   | - |   |
|                 Total      adjustments |   |                                     | 6,307,484   |   |                                   |   | 1,783,524 |   |   |   | 8,173,034 |   |   |   | (786,352 | ) |
|                                                                                                                   |   |                                     |        |   |                                   |   |   |   |   |   |   |   |   |   |   |   |
| Net      cash provided by (used for)operating  activities                                                    |   | $                                        | (3,908,216  | )      |                                   | $      | 3,107,732 |   |   | $ | (1,792,483 | ) |   | $ | 626,288 |   |

----