bananaz

Sirius Finally Provides Wall Street the Clarity It Demanded

Relmor, it is always good to have options. The option to dilute, however distasteful to the shareholders, of which I am one, is one of the few arrows in Mel's quiver. It gives him negotiating leverage.

De-listing is always a possibility down the line. A reverse split while it may have generally negative connotations may be needed. It should not be a problem if they can avoid it before they have better financials to report. A rising company will likely be forgiven more than a declining company.

Sirius was caught in a "Perfect Storm" of the Hell of FCC approval, the shorts running wild and now horrible market conditions. To my way of thinking they are trying to thread not just one needle but a moving line of needles. I think that they are doing as well as anyone possibly could under the circumstances.

I'll hang in there beacuse I love the product and, at this point have little more to lose. Relmor, Why are you still in there?