Just saw that Mesa cancelled the agreement with the bondholders. I believe that was the one issuing all that new stock?

damn beat me to it heres the link though


Mesa Air Group Announces Termination of Agreements with Certain Holders of Senior Convertible Notes due 2024

What does this mean?

couple things.

1. sounds like JO may have been up to something illegal again...
"In response to a recent regulatory inquiry regarding such exchange agreements"

2. The holders of these notes can now demand payment. Payment JO cant make.

how much was due on these particular bonds?

Here's their money ...... no worries.....



http://www.monopoly-history.com/images/1985money.jpg

Im having trouble finding the press release on these but I believe it was 73 million on Jan 30th and something like 20 million first week of Feb. Anyone have that info?

Strange that there has been no reaction in the price of Mesa stock today.

I meant the press release regarding the exact amount of the notes due.