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Mesa Laboratories Inc. Message Board

reversesplit 8 posts  |  Last Activity: Feb 3, 2016 10:37 AM Member since: Apr 19, 2001
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  • reversesplit by reversesplit Feb 3, 2016 10:37 AM Flag

    Does anyone know whether the receivables from Brazil are payable in US Dollars?

  • Reply to


    by chtt69bed Jan 7, 2016 10:10 AM
    reversesplit reversesplit Jan 13, 2016 10:09 AM Flag

    Tom, don't forget, the $14 high was prior to the 1 for 4 reverse split, so the high was $54/ worst hold decision ever!


  • reversesplit by reversesplit Jan 11, 2016 6:37 PM Flag

    Silly to announce this contract when the purchaser has 45 days to walk away. Plus they've played their hand in public. Everyone will know they'll accept $200,000 less than the asking price.

    After closing costs (and that's a big "if" it closes), the company will net $1.5 million. That's a $200,000 loss on an investment that should never had been made. Bright investors!

  • reversesplit by reversesplit Dec 23, 2015 11:02 AM Flag

    Why aren't these sold in drugstores such as Walgreen's & CVS?

  • reversesplit by reversesplit Dec 16, 2015 1:14 PM Flag

    I sure would like to know the real history of this note purchase. Why were corporate funds (raised by issuing discounted stock in a rights offering) used to bail out a bank on a non-performing loan at par? I don't think Swenson has a clue regarding any type of real estate transaction. Did he not even check to see if taxes were current on the real estate that collateralized the loan? Let's see if I got this right: The company paid $1.2 million for the loan, lent the borrower an additional $300,000, took a deed in lieu of foreclosure, and then paid $210,000 in back taxes. Now they have a 30,000 square foot vacant property with an asking rental rate of $2.50 per square foot per year NNN (net of all expenses). If they could get their asking rental rate, the property would be worth at most $30 per square foot or $900,000, and this doesn't include transaction costs for the lease or sale of the property. So now we're looking at a loss on this investment of close to $900,000 not including the opportunity costs. In my opinion, the purchase of this asset was a mis-use of the company's funds and a violation of fiduciary responsibility.

  • reversesplit by reversesplit Dec 11, 2015 9:59 AM Flag

    Coconut oil is well known as a natural treatment for vaginal atrophy. Since the company blends their estradiol with coconut oil, it's not surprising that it has some efficacy. I'd be willing to bet that if they just put coconut oil in the placebo softgels, that they would not see results that were significantly better than the placebo.

  • Reply to


    by russnhub Nov 17, 2015 1:38 PM
    reversesplit reversesplit Dec 2, 2015 2:21 PM Flag

    Hey Bruce Russell! Don't you ever get tired of making excuses for the Cyanotech board and senior management?

  • Reply to

    Composition of Board

    by reversesplit Oct 2, 2015 10:53 AM
    reversesplit reversesplit Nov 23, 2015 1:10 PM Flag

    I'll be honest with you Badgrass, I absolutely look at the Board and senior management before I invest. So how much have you made on your investment in this company?

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