http://biz.yahoo.com/ap/080511/mesa_air_group.html

Just posted this afternoon. I have never been much to speak out mesa and wanting them to close or anything like that.
Howerver, I thought their desire to issue stock was put on the back burner.
It has been noticed by S&P that this could cause some problems with stock value just to pay off debt.

I am not sure if it is interesting or not, I thought I read in this article that they want to issue 37.8 million in stock, and the article says that is the value of the notes that are due payable on june 16th