First today

Is a Reverse Split in the Cards for Sirius?

I may be wrong, but I the action of a reverse stock split does NOT affect the authorized shares. In other words, a 1-10 reverse split would not reduce the number of authorized shares from 8B to 800M.

That is how some penny stocks continue to thrive after a reverse split. A company with a 50 cent stock price, 1M authorized shares and 500,000 outstanding shares does a 1-10 reverse split which results in a $5 stock price, 50K outstanding shares, but still has 1M authorized. Now they can sell 950,000 more shares, theoretically, which dilutes the shares even further, and so on.

Please correct me if I'm wrong.

Sirius XM On the Rise - Does Microsoft Want a Piece?

Other than the headline and first line, where is the MSFT link to Sirius?

More Evidence of Sirius Stock Manipulation

If this is going on wouldn't Mel and the gang explore it with the SEC and the Atty General?