Originally Posted by
JetJock16
A company must maintain a specific amount of Cash On Hand; if they cannot then they lose their certification. Not sure how much this is and I'm sure some can add more insight but I’ve been told that if Mesa pays the $80M+ to Hawaiian then they will be below the minimum amount.
My question is, when are the investors going to start calling for Orenstein’s Blood?
I know, my point was more that your stock price really has nothing to do with weather or not you go in to bankruptcy. It is however a general indicator of the publics perception of the companies financial health.
On the topic of shady management and poor product. Read how a shady eletric car company never turned a profit (they turned one in a single quarter due to a write down), only released one vehicle, and its board manipulated the stock proce by releasing bogus press releases. The kick is that they are still in business, because the SEC does not have the manpower to investigate all the complaints it gets.
http://www.wired.com/cars/futuretran...6-04/ff_zapped