163888's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/163888/comments http://seekingalpha.com/article/132576-sirius-poised-to-benefit-from-auto-sector-upgrade?source=feed#comment-475291 475291

hernje, the problem I have with people like you is that you incurrage him to keep putting out that kind of garbage. You help in his short term memory. I say that because most after screwing up about that bankruptcy article after phase one of the Liberty deal was complete (off a boiler plate statement), would have made dam sure his ducks were in order before doing it ever again. But no what did we get next from him a article about SIRIXM lossing 2 MILLION net subs in 2009. He made a simple math error, that is something a average writer would try to get right. Then we have this mess about being able to totally reverse the Liberty deal. All he had to do is check the full agreement and not stop at a short version on the 8-K. Now what do I see, his mindless followers saying thats ok Brandon thats ok give us another shoty article. I say mindless because many of those same people were just bashing the WSJ, Barrons, ect., ect., ect., about them putting out those false articles. Even Bradon himself had a article here about the last bankruptcy article (that came out not to long ago) being bull crap. Basically they are cheering him on for doing the same crap they were bashing the other authers for doing. Now forgive me but if you cant see the illogic in that then you to are a idiot.]]> Fri, 24 Apr 2009 03:13:21 -0400

hernje, the problem I have with people like you is that you incurrage him to keep putting out that kind of garbage. You help in his short term memory. I say that because most after screwing up about that bankruptcy article after phase one of the Liberty deal was complete (off a boiler plate statement), would have made dam sure his ducks were in order before doing it ever again. But no what did we get next from him a article about SIRIXM lossing 2 MILLION net subs in 2009. He made a simple math error, that is something a average writer would try to get right. Then we have this mess about being able to totally reverse the Liberty deal. All he had to do is check the full agreement and not stop at a short version on the 8-K. Now what do I see, his mindless followers saying thats ok Brandon thats ok give us another shoty article. I say mindless because many of those same people were just bashing the WSJ, Barrons, ect., ect., ect., about them putting out those false articles. Even Bradon himself had a article here about the last bankruptcy article (that came out not to long ago) being bull crap. Basically they are cheering him on for doing the same crap they were bashing the other authers for doing. Now forgive me but if you cant see the illogic in that then you to are a idiot.]]> http://seekingalpha.com/article/132581-perspective-on-john-malone-s-sirius-stance?source=feed#comment-474954 474954





For the nit wits who cant grasp to much, I was being sarcastic.]]> Thu, 23 Apr 2009 18:05:35 -0400





For the nit wits who cant grasp to much, I was being sarcastic.]]> http://seekingalpha.com/article/132581-perspective-on-john-malone-s-sirius-stance?source=feed#comment-474565 474565
Brandon, Just admit it was a bad statement because you did not take the time to research the agreement fully. People will forgive that, they wont if you continue down this line. YOU MADE A BAD CALL, just admit to it and then you can move on.]]> Thu, 23 Apr 2009 14:11:48 -0400
Brandon, Just admit it was a bad statement because you did not take the time to research the agreement fully. People will forgive that, they wont if you continue down this line. YOU MADE A BAD CALL, just admit to it and then you can move on.]]> http://seekingalpha.com/article/132576-sirius-poised-to-benefit-from-auto-sector-upgrade?source=feed#comment-474549 474549 Thu, 23 Apr 2009 14:00:41 -0400 http://seekingalpha.com/article/132022-is-sirius-s-dilution-actually-dilutive-to-shareholders?source=feed#comment-473284 473284
Well, I see that Brandon is still sticking by the article today - even quoting eroneously again from the same 8-K, that is in my opinion misleading. Okay, I've let him suffer long enough -- here are the links and why he is wrong... although I'm only posting it over here...

Here is the actual Investment Agreement:
www.sec.gov/Archives/e...

Here is the Certificate of Designations for the Series B-1 Preferred Shares:
www.sec.gov/Archives/e...

Here is the Certificate of Designations for the Series B-2 Preferred Shares:
www.sec.gov/Archives/e...

If you go to section 4.6 on page 16 and section 5.15 on page 40, it covers the termination process. Section 5.15 even notes that if the agreement is terminated -- all liabilities and obligations to each party will terminate EXCEPT Sirius' obligations under the Registration Rights of the preferred shares... that is because Liberty would continue to hold the shares and Sirius is still obligated to register them. Furthermore, at no point in Section 4.6, does it state that Liberty is obligated to return the preferred shares. The fact is, Liberty purchased the Preferred Shares from Sirius for $12,500 - and they are under no obligation to return them to Sirius. Yes, Liberty PURCHASED the Preferred Shares from Sirius. Bet you didn't know that, did you Brandon?

The portion of the 8-K that Brandon keeps referring to, is a shortened quote taken from Section 4.6 - which is primarily how Sirius can get out of the agreement prior to Phase II closing. However, as you all know, Phase II closed on 3/6/2009... making that point moot. The agreement does continue on and state that Sirius can still terminate the agreement(s) after the non-solicitation period (after Phase II is closed), whenever they want. For which there isn't even an end date to such an option -- however, they are obligated to a $7MM termination fee... while at the same time, Liberty is not obligated to return the shares. The 12/31/2009 date is for if Phase II is not closed yet -- again, that is moot.

Brandon really should just give up on this one. His new site is looking bad over this.]]> Wed, 22 Apr 2009 17:13:40 -0400
Well, I see that Brandon is still sticking by the article today - even quoting eroneously again from the same 8-K, that is in my opinion misleading. Okay, I've let him suffer long enough -- here are the links and why he is wrong... although I'm only posting it over here...

Here is the actual Investment Agreement:
www.sec.gov/Archives/e...

Here is the Certificate of Designations for the Series B-1 Preferred Shares:
www.sec.gov/Archives/e...

Here is the Certificate of Designations for the Series B-2 Preferred Shares:
www.sec.gov/Archives/e...

If you go to section 4.6 on page 16 and section 5.15 on page 40, it covers the termination process. Section 5.15 even notes that if the agreement is terminated -- all liabilities and obligations to each party will terminate EXCEPT Sirius' obligations under the Registration Rights of the preferred shares... that is because Liberty would continue to hold the shares and Sirius is still obligated to register them. Furthermore, at no point in Section 4.6, does it state that Liberty is obligated to return the preferred shares. The fact is, Liberty purchased the Preferred Shares from Sirius for $12,500 - and they are under no obligation to return them to Sirius. Yes, Liberty PURCHASED the Preferred Shares from Sirius. Bet you didn't know that, did you Brandon?

The portion of the 8-K that Brandon keeps referring to, is a shortened quote taken from Section 4.6 - which is primarily how Sirius can get out of the agreement prior to Phase II closing. However, as you all know, Phase II closed on 3/6/2009... making that point moot. The agreement does continue on and state that Sirius can still terminate the agreement(s) after the non-solicitation period (after Phase II is closed), whenever they want. For which there isn't even an end date to such an option -- however, they are obligated to a $7MM termination fee... while at the same time, Liberty is not obligated to return the shares. The 12/31/2009 date is for if Phase II is not closed yet -- again, that is moot.

Brandon really should just give up on this one. His new site is looking bad over this.]]> http://seekingalpha.com/article/132240-clarifying-sirius-ambiguities-over-liberty-shares?source=feed#comment-473267 473267 Wed, 22 Apr 2009 16:59:11 -0400 http://seekingalpha.com/article/132240-clarifying-sirius-ambiguities-over-liberty-shares?source=feed#comment-473249 473249

tabularasa, It is a clear as a bell what Brandon is saying and if you cant get that then you really should keep your money in the bank or under the mattress. You just had Brandon here why did he not clearify it for you or why didn't you just ask him yourself. I'll tell you why he didn't because I am totally correct in what he was saying and the last thing he is going to do is say I am correct.


]]> Wed, 22 Apr 2009 16:43:57 -0400

tabularasa, It is a clear as a bell what Brandon is saying and if you cant get that then you really should keep your money in the bank or under the mattress. You just had Brandon here why did he not clearify it for you or why didn't you just ask him yourself. I'll tell you why he didn't because I am totally correct in what he was saying and the last thing he is going to do is say I am correct.


]]> http://seekingalpha.com/article/132240-clarifying-sirius-ambiguities-over-liberty-shares?source=feed#comment-472934 472934 Wed, 22 Apr 2009 13:29:20 -0400 http://seekingalpha.com/article/132240-clarifying-sirius-ambiguities-over-liberty-shares?source=feed#comment-472768 472768 Wed, 22 Apr 2009 12:06:57 -0400 http://seekingalpha.com/article/132240-clarifying-sirius-ambiguities-over-liberty-shares?source=feed#comment-472703 472703
Upon expiration of the applicable waiting period under the Hart-Scott-Rodino Act, the preferred stock will be convertible into 40% of our outstanding shares of common stock (after giving effect to such conversion). Issuance of the preferred stock is subject to the satisfaction of certain conditions, including the conditions to funding under the XM Credit Agreement described below.

That is done and they are able to convert at any time.


Here is another little tid bit to chew on;

The preferred stock will be issued concurrently with the funding under the XM Credit Agreement described below. The rights, preferences and privileges of the preferred stock will be set forth in a Certificate of Designations to be filed with the Secretary of State of the State of Delaware. The preferred stock is convertible at any time, at the option of the holder, into shares of our common stock equal to 40% of our outstanding common stock (after giving effect to such conversion).


You do understand now right.]]> Wed, 22 Apr 2009 11:39:37 -0400
Upon expiration of the applicable waiting period under the Hart-Scott-Rodino Act, the preferred stock will be convertible into 40% of our outstanding shares of common stock (after giving effect to such conversion). Issuance of the preferred stock is subject to the satisfaction of certain conditions, including the conditions to funding under the XM Credit Agreement described below.

That is done and they are able to convert at any time.


Here is another little tid bit to chew on;

The preferred stock will be issued concurrently with the funding under the XM Credit Agreement described below. The rights, preferences and privileges of the preferred stock will be set forth in a Certificate of Designations to be filed with the Secretary of State of the State of Delaware. The preferred stock is convertible at any time, at the option of the holder, into shares of our common stock equal to 40% of our outstanding common stock (after giving effect to such conversion).


You do understand now right.]]> http://seekingalpha.com/article/132240-clarifying-sirius-ambiguities-over-liberty-shares?source=feed#comment-472674 472674 Wed, 22 Apr 2009 11:29:44 -0400 http://seekingalpha.com/article/132022-is-sirius-s-dilution-actually-dilutive-to-shareholders?source=feed#comment-472357 472357 Wed, 22 Apr 2009 09:02:38 -0400 http://seekingalpha.com/article/132240-clarifying-sirius-ambiguities-over-liberty-shares?source=feed#comment-472315 472315
"The Liberty deal had two specific phases that dealt with two very specific issues. The preferred shares were part of phase 2, and are not reversible. The loan terms are reversible, but the shares would not be a part of any such reversal. Again, the 12.5 million shares are in the control of Liberty, and will be until such time that Liberty decides to convert and sell them."


Besides that, it does not matter they can convert them at any time of their choosing. There is not anything SIRIXM can do to stop it. You really should get off the Brandon band wagon and do your own research. Read the agreement for yourself, Not just the SEC filing of it. You will realize Brandon is off his rocker.

]]> Wed, 22 Apr 2009 08:37:41 -0400
"The Liberty deal had two specific phases that dealt with two very specific issues. The preferred shares were part of phase 2, and are not reversible. The loan terms are reversible, but the shares would not be a part of any such reversal. Again, the 12.5 million shares are in the control of Liberty, and will be until such time that Liberty decides to convert and sell them."


Besides that, it does not matter they can convert them at any time of their choosing. There is not anything SIRIXM can do to stop it. You really should get off the Brandon band wagon and do your own research. Read the agreement for yourself, Not just the SEC filing of it. You will realize Brandon is off his rocker.

]]> http://seekingalpha.com/article/131613-sirius-xm-gets-creative-on-youtube?source=feed#comment-469232 469232 Mon, 20 Apr 2009 03:10:27 -0400 http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-406585 406585
First, you say you own a business yet you never broken your electric bill (gas, rent/mortgage, yearly maintence) down to a daily cost basis. So yes there is a hourly cost that the CEOs of the Big 3 can be equated to, you MORON.

Second, the fact that you disagree with me on this issue means you have your head up your arse.

Third, the fact you choice the person that would through his own grandmother under the bus just to get ahead, over a person that says no I will do the right thing and wait my turn in line to go home (all the while knowing it ment more torture), just gos to show your kind of character to. Also dont even get into Palin when you vote for a man that said we had 57 states. (there were many others but you never heard them because as I said before you got hood winked by the MSM) Also need I remind you he had less experince then she did. She had more executive experence then all three of them combined. You do know the last time there was a senator that was elected president, thats right JFK. Now lets get into Obamas choice, I am sure you never heard Bidin say that when FDR got on TV and talked about the depression in 1929. Lets break that dumb arse comment down. First there was no TV in 1929. Second FDR was not president in 1929 it was Hoover. Also once again that was just one of a very, very, very many goofs that man made. Once again you never heard of any of them because you were duped by the MSM, just like most of the dumb arsed public.


Forth, while the market and the economy are two seperate things they are directly connected. Only a dumb arse would not know that.


Fifth, Lets see how you like you Obamas economy in 2 years when we are still in the crapper because like most of the general public you change your mind if something doesn't happen soon after.

Finally, how did I know you voted for Obama (killerkaul by now knows). What is it called commonsense and logic.]]> Fri, 27 Feb 2009 19:20:34 -0500
First, you say you own a business yet you never broken your electric bill (gas, rent/mortgage, yearly maintence) down to a daily cost basis. So yes there is a hourly cost that the CEOs of the Big 3 can be equated to, you MORON.

Second, the fact that you disagree with me on this issue means you have your head up your arse.

Third, the fact you choice the person that would through his own grandmother under the bus just to get ahead, over a person that says no I will do the right thing and wait my turn in line to go home (all the while knowing it ment more torture), just gos to show your kind of character to. Also dont even get into Palin when you vote for a man that said we had 57 states. (there were many others but you never heard them because as I said before you got hood winked by the MSM) Also need I remind you he had less experince then she did. She had more executive experence then all three of them combined. You do know the last time there was a senator that was elected president, thats right JFK. Now lets get into Obamas choice, I am sure you never heard Bidin say that when FDR got on TV and talked about the depression in 1929. Lets break that dumb arse comment down. First there was no TV in 1929. Second FDR was not president in 1929 it was Hoover. Also once again that was just one of a very, very, very many goofs that man made. Once again you never heard of any of them because you were duped by the MSM, just like most of the dumb arsed public.


Forth, while the market and the economy are two seperate things they are directly connected. Only a dumb arse would not know that.


Fifth, Lets see how you like you Obamas economy in 2 years when we are still in the crapper because like most of the general public you change your mind if something doesn't happen soon after.

Finally, how did I know you voted for Obama (killerkaul by now knows). What is it called commonsense and logic.]]> http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-406549 406549 Fri, 27 Feb 2009 18:37:31 -0500 http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-406535 406535 Fri, 27 Feb 2009 18:21:31 -0500 http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-406478 406478 Fri, 27 Feb 2009 17:26:56 -0500 http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-405995 405995 Fri, 27 Feb 2009 12:20:08 -0500 http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-405981 405981
"They want to know how it’s possible for fat-cat CEOs from Detroit to have the utter audacity to fly to Washington D.C. in private jets, while seeking a $50 billion taxpayer bailout".

They have no clue that it would cost more for them to drive considering the amount they get paid. All the lawers pay rate alone would have been worth the cost of the private jet. Also dont even get me started about they are paid way to much because those same people have no problem paying a sports star twice as much to play a sport for god sake. ]]> Fri, 27 Feb 2009 12:13:12 -0500
"They want to know how it’s possible for fat-cat CEOs from Detroit to have the utter audacity to fly to Washington D.C. in private jets, while seeking a $50 billion taxpayer bailout".

They have no clue that it would cost more for them to drive considering the amount they get paid. All the lawers pay rate alone would have been worth the cost of the private jet. Also dont even get me started about they are paid way to much because those same people have no problem paying a sports star twice as much to play a sport for god sake. ]]> http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-405959 405959
Now we have this ontop of Netflex adding 700,000 subcribers in the 4th quarter, and churn staying the same during that quarter.]]> Fri, 27 Feb 2009 11:59:31 -0500
Now we have this ontop of Netflex adding 700,000 subcribers in the 4th quarter, and churn staying the same during that quarter.]]> http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-405930 405930 Fri, 27 Feb 2009 11:38:14 -0500 http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-405907 405907 Fri, 27 Feb 2009 11:25:28 -0500 http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-405868 405868 Fri, 27 Feb 2009 11:03:33 -0500 http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-405830 405830 Fri, 27 Feb 2009 10:41:12 -0500 http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-405797 405797 Fri, 27 Feb 2009 10:27:00 -0500 http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-quarter-results?source=feed#comment-405488 405488

cos1000, I have already corrected the churn number at Sirius Buzz. I told his arse he better fix it before it gets picked up by Seeking Alpha. That churn number makes him sound dumb. He said he was simplifing it but unless that was stated it dosent make any sence. The churn at 1.7 means almost 1 million lost subscribers. Now he says over 570 OEMs that is doable and so is the almost1 million gross retail adds. As we know the 4th quarter has always been a retail quarter and not a OEM one. ]]> Fri, 27 Feb 2009 07:13:59 -0500

cos1000, I have already corrected the churn number at Sirius Buzz. I told his arse he better fix it before it gets picked up by Seeking Alpha. That churn number makes him sound dumb. He said he was simplifing it but unless that was stated it dosent make any sence. The churn at 1.7 means almost 1 million lost subscribers. Now he says over 570 OEMs that is doable and so is the almost1 million gross retail adds. As we know the 4th quarter has always been a retail quarter and not a OEM one. ]]> http://seekingalpha.com/article/121488-the-sirius-price-of-liberty?source=feed#comment-404117 404117

P.S. we will see what the 4th Quarter holds I say it will show a ARPU of closer to 10 then 7. Which by the way was the point of your original arguement. 8.5 and below you are right and 9.5 and above I am way right, because if you notice I did not even bother to go as low as 8.56 (that would make me sound as dumb as you). Just to let you know now, I am the type of guy who says "I TOLD YOU SO", so when I am right be ready to expect it. ]]> Thu, 26 Feb 2009 07:15:53 -0500

P.S. we will see what the 4th Quarter holds I say it will show a ARPU of closer to 10 then 7. Which by the way was the point of your original arguement. 8.5 and below you are right and 9.5 and above I am way right, because if you notice I did not even bother to go as low as 8.56 (that would make me sound as dumb as you). Just to let you know now, I am the type of guy who says "I TOLD YOU SO", so when I am right be ready to expect it. ]]> http://seekingalpha.com/article/122221-sirius-xm-media-s-fear-mongering-has-gone-on-long-enough?source=feed#comment-403478 403478 Wed, 25 Feb 2009 15:34:00 -0500 http://seekingalpha.com/article/122221-sirius-xm-media-s-fear-mongering-has-gone-on-long-enough?source=feed#comment-403441 403441
Also who are you fooling you had to know I was talking about active duty when I said the Marine Corp had just over 200,000 marines, other wise I would have said just over 250,000. 40,000 is not just over. Next what are you going to include the inactive reserve to (for many that dont know you dont just sign up for your normal tour commitment (3, 4, or 6 years), you are really signing up for a 20 year commitment. They have the right to call you back if they feel they need to.)]]> Wed, 25 Feb 2009 15:00:36 -0500
Also who are you fooling you had to know I was talking about active duty when I said the Marine Corp had just over 200,000 marines, other wise I would have said just over 250,000. 40,000 is not just over. Next what are you going to include the inactive reserve to (for many that dont know you dont just sign up for your normal tour commitment (3, 4, or 6 years), you are really signing up for a 20 year commitment. They have the right to call you back if they feel they need to.)]]>