User 252443

Is a Reverse Split in the Cards for Sirius?

I still can't understand why they don't give some long term prepaid plans to raise some cash? 3 yr plan with the "best of" for $300, 5 yr plan for $400, throw in a free radio to new subs, and I'm sure they could raise the first loan due, by christmas, 1 mil subs at $300= 300 mil. They're practically giving away radios anyway at $49, eventually they will recoup this money in the longer term contract, if they need cashflow, there are many ways to get it, but this management has no imagination! Sorry Mel, great product,lousy management......