squall line
Well-known member
- Joined
- Mar 12, 2003
- Posts
- 62
Prediction:
I think this is the "big one" as Fred Sanford would say....
I think these guys are going "BK" as General Lee would term the situation PDQ. These "convertible notes" are a form of security in which the holder is compensated by means of future stock shares, as well as interest-in many cases.
The only reason I can think that Mesa would be cancelling these things is that they are about to hit "BK" and the notes will be unavailable for conversion due to the stock becoming worthless.
There could be an alternate explanation, but I can't think of anything which would make sense given the poor condition of Mesa's finances!
DIE MESA DIE!!!!!!!
wow, please tell us how you really feel......