Bob Hedrick bought the name rights along with a 135 certificate a few months ago... Never met him, but know more than a few who have been approached for financing. He has the city of Brownsville and their EDC eating out of his hand. His business plan has big ideas, but dude, there's only so much you can do in Brownsville, and I don't know if he can get the funding he needs to support the plan.
He also claims to be a former USAF general, but there is no evidence of that in all the historical general bios. Who the heck knows anymore...