http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/10/25/BUIH13NRHH.DTLCiting "almost unprecedented turmoil" in world financial markets, Nasdaq put on hold some of the minimum requirements that companies must ordinarily meet to maintain a listing on the exchange. Under interim orders that expire Jan. 16, companies will not be delisted if their share price or total market value stalls below Nasdaq standards.
This is total BS (Mesa not being delisted, not your post). They've had six months and have done NOTHING! They're stock was down before the economy why should there be a exception for them.Not gonna happen today...
Who's going to buy diluted shares backed by nothing???Mesa is attempting to issue hundreds of millions of more shares of stock, if you check their filings.
Cannot kill JO the cockroach.