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Did Mesa get the votes?

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OK Bud!

Active member
Joined
Mar 21, 2006
Posts
35
Anyone know the status of JO's bid to issue 900,000,000 more shares of stock? The vote was today and I can't find any info.
Disclaimer: We all know Mesa sucks. I am looking for some actual news.
 
"Working as hard as we had, we tend to relax," the 53-yr-old captain told NTSB investigators in a recently released factual report on the incident by the agency. "We had gotten back on schedule [after a 30min departure delay due to a flight attendant scheduling issue], it was comfortable in the cockpit, the pressure was behind us. The warm Hawaiian sun was blaring in as we went eastbound. I just kind of closed my eyes for a minute, enjoying the warm sunshine, and dozed off."

http://www.flightglobal.com/article...-pilot-napped-regularly-in-mesa-cockpits.html
 
Bueller?

Anyone?

Frankly I'm surprised we haven't heard anythign yet. If they got the approval, you'd think it would be announced right away. Maybe they didn't get it and are scrambling?

Who knows.
 
I've been monitoring Yahoo finance news all day and haven't seen a thing. It's very surprising, you figure there would be a report either way. The stock has been down at times today but currently trading at yesterday's closing price of $.28.
 
Lynn, who fielded my Investor Relations question, said the additional shares measure passed and that a press release was issued this afternoon.
 
So...

Lynn, who fielded my Investor Relations question, said the additional shares measure passed and that a press release was issued this afternoon.


So, who wants to lay out exactly what this means for Mesa? They issue hundreds of millions of new shares to raise cash to cover debts outstanding? Is that right? What happens to their share price with ths issuance of so much new stock? When does this take place? Does this mean that those bonds coming due at the end of the month are now not a concern?
 

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