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"Its somewhere in the lake off of Oswego, but where it is, we dont know yet." This wouldn't be the first aircraft Kennard has searched for.

A number of people and divers have looked for this aircraft for years, but Lake Ontario is a big place, 7,540 square miles," said Kennard.

The New Jersey-based companys shipping business is operated in Canada by Lower Lakes Towing Ltd., and in the United States by Lower Lakes Transportation Company (Lower Lakes Transportation). The firm transports construction aggregates, salt, grain, coal, iron ore, and other dry bulk commodities for clients in the construction, electric utility, food and integrated steel industries.

It thanked creditor groups one led by Bank of America, another led by Guggenheim Corporate Funding for their support and confidence in the negotiations.

And it pledged to continue improving its balance sheet with initiatives on work processes, budget reductions and cost-saving measures.

Rand also filed an overdue quarterly report with Nasdaq to regain compliance from that stock exchange. When Sleeping Bear Dunes celebrated the National Park Service's 100th anniversary last week, their local Coast Guard station sent them a little love, flyover-style.

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