That’s also a very plausible story, one to add to the rest. Probably true, along with others. That’s how CIA “proprietary” fronts work. I remember “Southern Air Transport” operating out of a back part of the Fort Lauderdale airport. That was part of the contra era, hell, maybe it’s still operating under a new name.
True, they are still operating under “new management” for the same alphabet entity. Same game, different clients and missions.