Mesa At $0.04 a Share

[Jon Rivoli]

I just bout 15,000 shares, if it goes to a nickle, I make 20%. I might also get a seat on the board.

 

[10nCLR]

I think JO must have a ACE up his sleeve...interesting to see what it is.

A cockroach?

 

[Andy Neill]

At 1:51 ET, some lucky soul got in at a penny.

 

[Flyprdu]

Apparently MESA has issued 65.7 million additional shares as compensation to bond holders for $120.3 million in outstanding debt the company has.

That more than triples the amount of outstanding shares of the company. *Which also explains why the stock value plummeted yesterday.

 

[Metro752]

Apparently MESA has issued 65.7 million additional shares as compensation to bond holders for $120.3 million in outstanding debt the company has.

That more than triples the amount of outstanding shares of the company. *Which also explains why the stock value plummeted yesterday.

This isn't exactly correct.

Mesa Filings Today
8-KFeb 12, 2009
http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=6402343


And

SC TO-I/A
AMENDMENT NO. 3 TO SCHEDULE TO
http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=6402351

 

[Flyprdu]

This isn't exactly correct.

Mesa Filings Today
8-KFeb 12, 2009
http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=6402343


And

SC TO-I/A
AMENDMENT NO. 3 TO SCHEDULE TO
http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=6402351

http://www.moviesoundscentral.com/sounds/dumb_and_dumber/dumb43.wav

 

[Sherpa]

One of my favorite sayings from the Navy:

"You can't polish a terd."

I hope the economy sucks long enough to flush this one.

 

[Mach]

One of my favorite sayings from the Navy:

"You can't polish a terd."

I hope the economy sucks long enough to flush this one.

Well according to Mythbusters. You can.

 

[jumppilot1000]

you can also polish one if you freeze it

 

[CX880]

One of my favorite sayings from the Navy:

"You can't polish a terd."

I hope the economy sucks long enough to flush this one.

I have another analogy but it would probably get me in trouble with mods here.

 

[sniper]

I think JO must have a ACE up his sleeve...interesting to see what it is.

He does, Air Wisconsin will buy Mesa after the Delta settlement......



give it a month

 

[pdub20s]

He does, Air Wisconsin will buy Mesa after the Delta settlement......



give it a month

Source?

 

[n757st]

He does, Air Wisconsin will buy Mesa after the Delta settlement......



give it a month

God I hope not. As an AWAC'r, that could only mean bad things for us. I could see us buying assets, but I don't think this company would buy their entire organization.

 

[tiffanytaylor]

Mesa was probably part of the pork in the stimulas bill that was passed that no one read. Obama probably bailed them out.

 

[pdub20s]

Mesa was probably part of the pork in the stimulas bill that was passed that no one read. Obama probably bailed them out.

Thats funny... If that was the case the republicans in the house and senate would of seen it and said, " If Mesa is bailed out and avoids Ch7. How is that going to save jobs??? We need tax cuts for JO and his management team"