I'm no finance guru, but the only way this thing gets above $1.00 is if they reverse-split the heck out of this thing!

Perhaps I missed all the other ones....you guys post a vast amount on here, it's hard to keep up with all the posts if you don't get on here every day!!!

Simple search reveals a bunch since the beginning of February

http://www.airlinepilotforums.com/re...te-agrmnt.html

http://www.airlinepilotforums.com/re...-04-cents.html

http://www.airlinepilotforums.com/re...mesa-news.html

http://www.airlinepilotforums.com/re...air-group.html

http://www.airlinepilotforums.com/re...per-share.html

http://www.airlinepilotforums.com/re...ight-mesa.html

Another way would be if:
The Sun, Mars, Venus, Earth, Jupiter, Saturn, Mercury, Uranus, Pluto, and Neptune all aligned perfectly for one day, and on that day J.O. found millions of dollars in a trash can and paid off all debt....and then died.

Then, just maybe, the stock could top $1.00 for ten days in the next few months.:D

Well the other problem is the bond holders that took the stock deal....last month there was 75 million shares....today there are about 106 million and change. When the flooding is done there will be about 975 million at the very least.....this will further pressure the stock downward.

Fast forward to this being done and if the shares have any value you would be looking at about 1 cent. That would mean there would have to be a 9,750,000 to 1 split minimum. Of course a reverse split would also pressure the stock lower, so you would really have to shoot for a 10,000,000 to 1.

So the chance of coming out of this without being delisted slim to none, although being delisted isn't the end of the world...that would be losing the Delta injunction where the clock is ticking on that.

Mesa isn't issuing 975,000,000 new shares. That was the amount that they got authorization for, though.

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How many shares are in Mesa? Could we pool enough money and buy a 50% share and fire JO? Of course hypothetically speaking.

EDIT: Looked up on Yahoo and with 272,556 shares you would need $6815 to buy a controlling interest. That would be 20 people chipping in $370. That assumes the share count is accurate.

Wow another post about another Mesa threads. How original. Try to stay on topic, it gets as old as multiple threads and its already been done.

Its amazing how a company that may or may not be teetering on the verge of bankruptcy and failure is interesting to some people. The best Idea is if your sick of reading threads on Mesa, stop clicking the link. No one is forceing you to read anything.