NASDAQ delisting to resume Aug 3, 2009 - Bye, Bye Mesa

[dash8driver64]

Die motherfukr die!!!!!!!!!!!!!!!!!!!!!!!

 

[WayBack]

Die motherfukr die!!!!!!!!!!!!!!!!!!!!!!!

Those scum bag pilots would fly for free, if JO asked them too.
Guys like PDubs are just happy to have a job flying a nice shiny jet!

 

[CX880]

This is a non issue. NASDAQ has said that the clock starts again for all companies (i.e. Mesa gets 6 months) and they can do a reverse split and put the issue to bed.

Yea then why didn't they do this before like Xjet did the moment they stayed under a dollar for more than a couple of months??? When Mesa reverse splits, assuming they are still around, the stock and the company will be completely worthless. goodbye day traders and major investors.. Honestly delistment should be the last of Mesas problems.

 

[Andy Neill]

Yea then why didn't they do this before like Xjet did the moment they stayed under a dollar for more than a couple of months

XJT closed under a dollar 23 Jun 08. The 1:10 reverse split was 2 Oct 08 - more than 4 months later.

 

[Broke in CVG]

This is a non issue. NASDAQ has said that the clock starts again for all companies (i.e. Mesa gets 6 months) and they can do a reverse split and put the issue to bed.

From the NASDAQ: "For more clarity, companies that have already
received an initial delisting notice and are in their 180 day grace
period, the 180 day period will be frozen but not reset."

This applies to Mesa as their initial delisting notice was June 18, 2008. They were in the middle of their 180 days when NASDAQ suspended delisting. Their 180 day was frozen in Nov when NASDAQ suspended the rule and the clock will start ticking again on Aug 3, 2009 with whatever days they had remaining of the 180.

 

[atpcliff]

Hi.

Mesa already did a reverse split, a couple of months ago, and they're still around.

cliff
NBO

 

[Andy Neill]

Hi.

Mesa already did a reverse split, a couple of months ago, and they're still around.

cliff
NBO

I don't show a split since the 2:1 in 93. What date do you have for that?

 

[dowhite2]

no they didn't, they issued a bunch of new shares to pay off bonds that were coming due

 

[cessnamann]

Die die die die die die!

 

[pdub20s]

Those scum bag pilots would fly for free, if JO asked them too.
Guys like PDubs are just happy to have a job flying a nice shiny jet!

if this is the case(which it isnt)...id take a pay cut just to take your job Wayback....