SirusDun's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/281410/comments http://seekingalpha.com/article/110955-analysts-zero-is-the-new-buy?source=feed#comment-332648 332648
“Mel turned down a very low rate, multi year, multi million dollar loan from an investment group”?

Who would pay more for that kind of information?

What are you going to do Mel? LOL…
]]> Wed, 17 Dec 2008 21:20:28 -0500
“Mel turned down a very low rate, multi year, multi million dollar loan from an investment group”?

Who would pay more for that kind of information?

What are you going to do Mel? LOL…
]]> http://seekingalpha.com/article/110651-major-league-baseball-hits-sirius-xm?source=feed#comment-332587 332587
However, what would be tomorrow’s value of Sirius if information was confirmed that:

“Mel turned down a very low rate, multi year, multi million dollar loan from an investment group”?

Who would pay more for that kind of information?

What are you going to do Mel? LOL…
]]> Wed, 17 Dec 2008 19:33:29 -0500
However, what would be tomorrow’s value of Sirius if information was confirmed that:

“Mel turned down a very low rate, multi year, multi million dollar loan from an investment group”?

Who would pay more for that kind of information?

What are you going to do Mel? LOL…
]]> http://seekingalpha.com/article/110651-major-league-baseball-hits-sirius-xm?source=feed#comment-332578 332578
Banks have been told more bad is on the way. This is why the Banks are still "Hording" the money. I happen to know Citi was told to get out of China as part of the bailout. I can't say more...

Sirius is an FCC protected monopoly of SATRAD band space. In one form or another Sirius can not fail. It could go into an operational BK or be stolen private on the cheap. But someone will make millions.

This meeting and Mel’s action in the next 10 days with bank financing this low, will tell the true story.

Was it the plan to rape stock holders with shorts and double down dilution? We may never hear the answer but it will be obvious.

Mr. Mel, now the economy really sucks. It is telling on you... LOL

So, what you going to do Mel? Our Lawyers are getting restless....
]]> Wed, 17 Dec 2008 19:19:44 -0500
Banks have been told more bad is on the way. This is why the Banks are still "Hording" the money. I happen to know Citi was told to get out of China as part of the bailout. I can't say more...

Sirius is an FCC protected monopoly of SATRAD band space. In one form or another Sirius can not fail. It could go into an operational BK or be stolen private on the cheap. But someone will make millions.

This meeting and Mel’s action in the next 10 days with bank financing this low, will tell the true story.

Was it the plan to rape stock holders with shorts and double down dilution? We may never hear the answer but it will be obvious.

Mr. Mel, now the economy really sucks. It is telling on you... LOL

So, what you going to do Mel? Our Lawyers are getting restless....
]]> http://seekingalpha.com/article/110546-open-letter-to-sirius-xm-take-us-listeners-into-consideration?source=feed#comment-332565 332565
This meeting and Mels action in the next 10 days with bank financing this low, will tell the true story.

Was it the plan to rape stock holders with shorts and double down dilution? We may never hear the answer but it will be obviose.

Now the econimy realy sucks Mel. It is telling on you... LOL

So, what you going to do Mel? Our Lawyers are getting restless....
]]> Wed, 17 Dec 2008 18:55:38 -0500
This meeting and Mels action in the next 10 days with bank financing this low, will tell the true story.

Was it the plan to rape stock holders with shorts and double down dilution? We may never hear the answer but it will be obviose.

Now the econimy realy sucks Mel. It is telling on you... LOL

So, what you going to do Mel? Our Lawyers are getting restless....
]]> http://seekingalpha.com/article/110955-analysts-zero-is-the-new-buy?source=feed#comment-332555 332555 That is not loving your feeling, it is pressure.

Your plan has come to an end and you better get financed.

How much money do you need from shorting? They already built a new vault just for you in the Bank of Belize.

Mel, what you going to do?
]]> Wed, 17 Dec 2008 18:48:39 -0500 That is not loving your feeling, it is pressure.

Your plan has come to an end and you better get financed.

How much money do you need from shorting? They already built a new vault just for you in the Bank of Belize.

Mel, what you going to do?
]]> http://seekingalpha.com/article/110955-analysts-zero-is-the-new-buy?source=feed#comment-332539 332539
Sirius is an FCC protected monopoly of SATRAD band space. In one form or another Sirius can not fail. It could go into an operational BK or be stolen private on the cheap. But someone will make millions.

This meeting and Mels action in the next 10 days with bank financing this low, will tell the true story.

Was it the plan to rape stock holders with shorts and double down dilution? We may never hear the answer but it will be obviose.

Now the econimy realy sucks Mel. It is telling on you... LOL

So, what you going to do Mel? Our Lawyers are getting restless....
]]> Wed, 17 Dec 2008 18:34:39 -0500
Sirius is an FCC protected monopoly of SATRAD band space. In one form or another Sirius can not fail. It could go into an operational BK or be stolen private on the cheap. But someone will make millions.

This meeting and Mels action in the next 10 days with bank financing this low, will tell the true story.

Was it the plan to rape stock holders with shorts and double down dilution? We may never hear the answer but it will be obviose.

Now the econimy realy sucks Mel. It is telling on you... LOL

So, what you going to do Mel? Our Lawyers are getting restless....
]]> http://seekingalpha.com/article/110955-analysts-zero-is-the-new-buy?source=feed#comment-332515 332515
I hope it is true. But, I don;t see how as MEl wants a Yes and the non vote usualy goes to company desire.

FREE BANK MONEY! FED 0% makes the effective bank rate 0.18% official. The morguage lending rate will soon be 4.5%. I am absolutly sure Mel could get cheap, very cheap financing now...

If Mel does not fund this debt now it means he never had any plan to finance and stock holders were always the patsy.

No Financing yet Mel? You mean the quick and dirty thing was a cover for your plan to rape stock holders and short your own company?

Curent conditions and intrest rates are telling the true story. Mel did not count on historic low bank rates...]]> Wed, 17 Dec 2008 17:55:18 -0500
I hope it is true. But, I don;t see how as MEl wants a Yes and the non vote usualy goes to company desire.

FREE BANK MONEY! FED 0% makes the effective bank rate 0.18% official. The morguage lending rate will soon be 4.5%. I am absolutly sure Mel could get cheap, very cheap financing now...

If Mel does not fund this debt now it means he never had any plan to finance and stock holders were always the patsy.

No Financing yet Mel? You mean the quick and dirty thing was a cover for your plan to rape stock holders and short your own company?

Curent conditions and intrest rates are telling the true story. Mel did not count on historic low bank rates...]]> http://seekingalpha.com/article/110546-open-letter-to-sirius-xm-take-us-listeners-into-consideration?source=feed#comment-332326 332326
Will Mel finnance now?

Not if he never planned too...

This is the telling and defining moment Mel never thought would come... ]]> Wed, 17 Dec 2008 14:41:27 -0500
Will Mel finnance now?

Not if he never planned too...

This is the telling and defining moment Mel never thought would come... ]]> http://seekingalpha.com/article/110651-major-league-baseball-hits-sirius-xm?source=feed#comment-331588 331588
Will Mel finnance now?

Not if he never planned too...

This is the telling and defining moment Mel never thought would come...]]> Tue, 16 Dec 2008 22:49:26 -0500
Will Mel finnance now?

Not if he never planned too...

This is the telling and defining moment Mel never thought would come...]]> http://seekingalpha.com/article/110651-major-league-baseball-hits-sirius-xm?source=feed#comment-331571 331571
If Mel does not fund this debt now it means he never had any plan to finance and stock holders were always the patsy.
]]> Tue, 16 Dec 2008 22:30:34 -0500
If Mel does not fund this debt now it means he never had any plan to finance and stock holders were always the patsy.
]]> http://seekingalpha.com/article/110955-analysts-zero-is-the-new-buy?source=feed#comment-331570 331570
Free Money FED 0% makes the effective bank rate 0.18% official.

If Mel does not fund this debt now it means he never had any plan to finance and stock holders were always the patsy.

This POP on fed rate cut is a market joke. As for 09 markets, Citi got out of China and some say that is because the US debt held by China is going to drag them down. I see very bad 09. Enjoy this last few months before the very big crash. IMHO….
]]> Tue, 16 Dec 2008 22:26:22 -0500
Free Money FED 0% makes the effective bank rate 0.18% official.

If Mel does not fund this debt now it means he never had any plan to finance and stock holders were always the patsy.

This POP on fed rate cut is a market joke. As for 09 markets, Citi got out of China and some say that is because the US debt held by China is going to drag them down. I see very bad 09. Enjoy this last few months before the very big crash. IMHO….
]]> http://seekingalpha.com/article/110467-save-sirius-may-be-going-too-far?source=feed#comment-330645 330645
He shure sounds like a crook always talking up Sirius lies...

This artical truly sucks as do the Sirius goons who continue to sell us Sirius... All a bunch of crooks....]]> Tue, 16 Dec 2008 02:09:54 -0500
He shure sounds like a crook always talking up Sirius lies...

This artical truly sucks as do the Sirius goons who continue to sell us Sirius... All a bunch of crooks....]]> http://seekingalpha.com/article/107452-sirius-investors-face-difficult-decisions-it-all-boils-down-to-faith?source=feed#comment-313818 313818
We must get Mel and Sirius management the boot out the top floor window. I would like to see is Mel bounces like my checks will bounce after the RS.
]]> Mon, 24 Nov 2008 12:54:18 -0500
We must get Mel and Sirius management the boot out the top floor window. I would like to see is Mel bounces like my checks will bounce after the RS.
]]> http://seekingalpha.com/article/107452-sirius-investors-face-difficult-decisions-it-all-boils-down-to-faith?source=feed#comment-313112 313112
Last minute merger financing provided millions in shorts and delution!

Do you realy want this kind of managment holding your money?

Sirius was cought paying a stock holder and law firm to sue Sirius to provide an iron clad settlment that would have prevented stock holders from taking action against Mel and Sirius for these bad operations! They sued themselves to get protection!

Court room confirmed Proof that Mel is a Crook!

Vote NO and kick Mel OUT!!!
]]> Sun, 23 Nov 2008 16:52:14 -0500
Last minute merger financing provided millions in shorts and delution!

Do you realy want this kind of managment holding your money?

Sirius was cought paying a stock holder and law firm to sue Sirius to provide an iron clad settlment that would have prevented stock holders from taking action against Mel and Sirius for these bad operations! They sued themselves to get protection!

Court room confirmed Proof that Mel is a Crook!

Vote NO and kick Mel OUT!!!
]]> http://seekingalpha.com/article/107452-sirius-investors-face-difficult-decisions-it-all-boils-down-to-faith?source=feed#comment-313105 313105
Vote no ]]> Sun, 23 Nov 2008 16:37:14 -0500
Vote no ]]> http://seekingalpha.com/article/107452-sirius-investors-face-difficult-decisions-it-all-boils-down-to-faith?source=feed#comment-313103 313103
I feel like this board has been captured by Sirius paid advertisers.

Vote no and kick Mel out. The company sucks and Mel is a crook. All the paid advertising in the world will never cover the truth now. The truth about Mel and Sirius is out in full. We all know Mel has planned this low price and a takw over. They guy is a crook!

Vote no else lose your investment!!!
]]> Sun, 23 Nov 2008 16:36:21 -0500
I feel like this board has been captured by Sirius paid advertisers.

Vote no and kick Mel out. The company sucks and Mel is a crook. All the paid advertising in the world will never cover the truth now. The truth about Mel and Sirius is out in full. We all know Mel has planned this low price and a takw over. They guy is a crook!

Vote no else lose your investment!!!
]]> http://seekingalpha.com/article/107241-sirius-investors-decline-in-oem-take-rate-something-to-watch?source=feed#comment-311454 311454
But, for this blog you must expect lots of new user names all spamming my comments. That is how it works. I hate liars, but this has become just plain funny.
]]> Fri, 21 Nov 2008 04:43:21 -0500
But, for this blog you must expect lots of new user names all spamming my comments. That is how it works. I hate liars, but this has become just plain funny.
]]> http://seekingalpha.com/article/107241-sirius-investors-decline-in-oem-take-rate-something-to-watch?source=feed#comment-311451 311451


The next step will be for one of the paid crew to post a long, long blog about nothing. Then, the next blog will be a short argument over some unrelated point. This will go on the 5 or 6 more post to cover up the real post.

Usually Cos will come in with some 5 paragraph description of some trend. Next the other two paid bloggers S163, and RELMOR or MIGHT BE SIRIUS, SIRIUS DEPRESED and more user names will all “ HAIL Cos for his expert opinion that we all should follow.

Now, when some one post that any of these guys are leading (Influencing Investors) a session of 4 posts will follow all telling the guy how dumb he is for taking advise from this board. That is exactly what they are paid to do, lead and not take any blame for posting optimism continuously about Sirius.

I have seen these guys use more than eight user names each. All posing good Sirius propaganda. They introduce each other with amusing techniques. My personal favor introduction of a new user name is when all the paid bloggers take tern welcoming some unknown back to the board. Yes, these things are done 20 times a day to cover up any true thinking about what a bad company Sirius is and what a crook is Mel.

Yes folks, Sirius is spending your money in advertising. But this season it is not to sell subscriptions. Mel is spending money to get people to vote for the reverse split so he can buy Sirius up cheap.
]]> Fri, 21 Nov 2008 04:31:44 -0500


The next step will be for one of the paid crew to post a long, long blog about nothing. Then, the next blog will be a short argument over some unrelated point. This will go on the 5 or 6 more post to cover up the real post.

Usually Cos will come in with some 5 paragraph description of some trend. Next the other two paid bloggers S163, and RELMOR or MIGHT BE SIRIUS, SIRIUS DEPRESED and more user names will all “ HAIL Cos for his expert opinion that we all should follow.

Now, when some one post that any of these guys are leading (Influencing Investors) a session of 4 posts will follow all telling the guy how dumb he is for taking advise from this board. That is exactly what they are paid to do, lead and not take any blame for posting optimism continuously about Sirius.

I have seen these guys use more than eight user names each. All posing good Sirius propaganda. They introduce each other with amusing techniques. My personal favor introduction of a new user name is when all the paid bloggers take tern welcoming some unknown back to the board. Yes, these things are done 20 times a day to cover up any true thinking about what a bad company Sirius is and what a crook is Mel.

Yes folks, Sirius is spending your money in advertising. But this season it is not to sell subscriptions. Mel is spending money to get people to vote for the reverse split so he can buy Sirius up cheap.
]]> http://seekingalpha.com/article/107241-sirius-investors-decline-in-oem-take-rate-something-to-watch?source=feed#comment-311444 311444
He built a solid foundation and tanked the stock. Then, he used a special Vehical to buy up the stock. Then he took it private for a few years. When the smoke cleared, Poof, you had Viacom...

Tanking Sirius was the plan. Mel is a historic and confirmed crook. We are the chumps!

If we only knew about his history...
]]> Fri, 21 Nov 2008 03:46:01 -0500
He built a solid foundation and tanked the stock. Then, he used a special Vehical to buy up the stock. Then he took it private for a few years. When the smoke cleared, Poof, you had Viacom...

Tanking Sirius was the plan. Mel is a historic and confirmed crook. We are the chumps!

If we only knew about his history...
]]> http://seekingalpha.com/article/107241-sirius-investors-decline-in-oem-take-rate-something-to-watch?source=feed#comment-311443 311443
IMO, the next 14 months is going to be all down hill. Inflation is nothing like it will be in a few more months. Jobs will be lost and homes will be lost. People will not have money to buy cars. God I hope I am wrong.

Upside, Remember the 70’s?
If people have the money we have “not one set” but “two sets” of car sales booms to look forward too.

First, people are already moving to efficient vehicles, compact and new technologies. Boom, Boom, Boom, China and Mexico will make loads of money, Thank you NAFTA.

Second, as gas prices lower with US local oil now allowed again, the gas monopolies will once again take out all the competition and new technologies just like in the 80’s. People will want those big gas hogs again.

As the economy improves and gas companies adjust in the endless cycle of consumer gouging, people will forget about solar, electric cars and demand that “umph” on the peddle. All good news for automakers because they just keep cycling the same old…

Vote No to REV-Split
Vote No Mo Shares
Kick Mel Out!

]]> Fri, 21 Nov 2008 03:42:48 -0500
IMO, the next 14 months is going to be all down hill. Inflation is nothing like it will be in a few more months. Jobs will be lost and homes will be lost. People will not have money to buy cars. God I hope I am wrong.

Upside, Remember the 70’s?
If people have the money we have “not one set” but “two sets” of car sales booms to look forward too.

First, people are already moving to efficient vehicles, compact and new technologies. Boom, Boom, Boom, China and Mexico will make loads of money, Thank you NAFTA.

Second, as gas prices lower with US local oil now allowed again, the gas monopolies will once again take out all the competition and new technologies just like in the 80’s. People will want those big gas hogs again.

As the economy improves and gas companies adjust in the endless cycle of consumer gouging, people will forget about solar, electric cars and demand that “umph” on the peddle. All good news for automakers because they just keep cycling the same old…

Vote No to REV-Split
Vote No Mo Shares
Kick Mel Out!

]]> http://seekingalpha.com/article/107241-sirius-investors-decline-in-oem-take-rate-something-to-watch?source=feed#comment-311442 311442
Can it be more obvious that Sirius pays advertisers, bloggers, and people to post good things about Sirius?

Well, Mel the vote is pretty much over. You can stop paying people to post confusion and start paying for Xmass sales. Like you have a clue what the company needs (You don’t). I want to know how much Sirius paid this quarter for blogging advertising?

STOCK PREDICTION

Sirius at .06 before the split…
50 to 1 split puts it at 3.00
Shorts continue.
When it hits 1.00 after the split Mel will take it private 50 million on the cheap…

Yes, I am already prepared to sue Mel directly when he does the reverse split.

Economy hell, Mel is just another NWO elitist clown…
]]> Fri, 21 Nov 2008 03:37:32 -0500
Can it be more obvious that Sirius pays advertisers, bloggers, and people to post good things about Sirius?

Well, Mel the vote is pretty much over. You can stop paying people to post confusion and start paying for Xmass sales. Like you have a clue what the company needs (You don’t). I want to know how much Sirius paid this quarter for blogging advertising?

STOCK PREDICTION

Sirius at .06 before the split…
50 to 1 split puts it at 3.00
Shorts continue.
When it hits 1.00 after the split Mel will take it private 50 million on the cheap…

Yes, I am already prepared to sue Mel directly when he does the reverse split.

Economy hell, Mel is just another NWO elitist clown…
]]> http://seekingalpha.com/article/101407-finally-some-good-news-for-sirius-shareholders?source=feed#comment-290501 290501
You find that it was brought by a guy who owned 250.00 of stock and was indirectly working for Sirius.

The reason for the sute?

To settle with an agreement that provides class action protection to Sirius.

Sirius sude it's self to protect it;s self from us.

To crash the stock and take it private!!!

Any questions email Mike savesirius@gmail.com

Vote no the the REV SPLIT]]> Sat, 25 Oct 2008 21:17:05 -0400
You find that it was brought by a guy who owned 250.00 of stock and was indirectly working for Sirius.

The reason for the sute?

To settle with an agreement that provides class action protection to Sirius.

Sirius sude it's self to protect it;s self from us.

To crash the stock and take it private!!!

Any questions email Mike savesirius@gmail.com

Vote no the the REV SPLIT]]> http://seekingalpha.com/article/101407-finally-some-good-news-for-sirius-shareholders?source=feed#comment-290497 290497 Claim for Breach of Fiduciary Duties Against all Defendants
65. Plaintiffs repeat and reallege each allegation set forth herein.
66. The defendants have violated fiduciary duties of care, loyalty, candor and
independence owed under Delaware law to Plaintiffs as public shareholders ofSirius and have acted
to put their personal interests ahead ofthe interests of Plaintiffs.
67. By the acts, transactions and courses of conduct alleged herein, defendants,
individually and acting as a part of a common plan, are attempting to advance their interests at the
expense of Plaintiffs.
68. The Individual Defendants have violated their fiduciary duties by entering into the
Merger Agreement without regard to strategic alternatives, information disclosed as material matters
or the fairness ofthe transaction to Plaintiffs. Defendant Sirius directly breached and/or aided and
abetted the other defendants' breaches of fiduciary duties owed to Plaintiffs.
69. As demonstrated by the allegations above, the Individual Defendants failed to
exercise the care required, and breached their duties ofloyalty, good faith, candor and independence
owed to Plaintiffs because, among other reasons:
(a) they failed to properly disclose all material information a reasonable
shareholder will need in casting an informed vote;
(b) they failed to properly value Sirius;
(c) they failed to properly value XM;
(d) they failed to properly ascertain the profitability ofthe combined company;
and
(e) they ignored or did not protect against the numerous conflicts of interest
resulting from their own interrelationships or connection with the Merger.
70. Because the Individual Defendants dominate and control the business and corporate
affairs of Sirius, and are in possession of private corporate information concerning Sirius' assets,
business and future prospects, there exists an imbalance and disparity of knowledge and economic
- 16-
power between them and Plaintiffs which makes it inherently unfair for them to pursue any proposed
transaction whercin they will reap disproportionate benefits.
71. The Individual Defendants caused Sirius to aid and abet their breaches of fiduciary
duties owed to Plaintiffs.
72. By reason ofthe foregoing acts, practices and course ofconduct, the defendants have
failed to exercise care, diligence and candor in the exercise of their fiduciary obligations toward
Plaintiffs.
73. As a result ofthe actions of defendants, Plaintiffs will suffer irreparable injury as a
result of defendants' self-dealing.
74. The Individual Defendants are engaging in self-dealing, arc not acting in good faith
toward Plaintiffs, and have breached and are breaching their fiduciary duties to Plaintiffs.
75. Unless the proposed Merger is enjoined by the Court, defendants will continue to
breach their fiduciary duties owed to Plaintiffs, will not engage in arm's-length negotiations on the
Merger terms, and did not supply to Plaintiffs sufficient information to enable them to cast informed
votes on the proposed Merger and may consummate the proposed Merger, all to the irreparable hann
of Plaintiffs.
76. Plaintiffs have no adequate remedy at law. Only through the exercise ofthis Court's
equitable powers can Plaintiffs be fully protected from the immediate and irreparable injury which
defendants' actions threaten to inflict.
WHEREFORE, Plaintiffs demand preliminary and permanent injunctive reliefin their favor
and against defendants as follows:
A. Declaring and decreeing that the Merger Agreement was entered into in breach ofthe
fiduciary duties of the defendants and is therefore unlawful and unenforceable;
B. Enjoining defendants, their agents, counsel, employees and all persons acting in
concert with them from consummating the Merger, unless and until the Company and the Individual
Defendants proceed into Merger negotiations compatible with their fiduciary duties and disclose all
relevant information to Plaintiffs;
- 17 -
C. Directing the Individual Defendants to exercise their fiduciary duties to consummate
a transaction which is in the best interests of Plaintiffs as Sirius shareholders;
D. Rescinding, to the extent already implemented, the Merger or any of the terms
thereof;
E. Imposition ofa constructive trust, in favor ofPlaintiffs, upon any benefits improperly
received by defendants as a result of their wrongful conduct;
F. Awarding Plaintiffs the costs and disbursements ofthis action, including reasonable
attorneys' and experts' fees; and
G. Granting such other and further equitable reliefas this Court may deemjust and prope
DATED: May;a),2008 LAW OFFICES OF THOMAS G. AMON]]> Sat, 25 Oct 2008 21:10:57 -0400 Claim for Breach of Fiduciary Duties Against all Defendants
65. Plaintiffs repeat and reallege each allegation set forth herein.
66. The defendants have violated fiduciary duties of care, loyalty, candor and
independence owed under Delaware law to Plaintiffs as public shareholders ofSirius and have acted
to put their personal interests ahead ofthe interests of Plaintiffs.
67. By the acts, transactions and courses of conduct alleged herein, defendants,
individually and acting as a part of a common plan, are attempting to advance their interests at the
expense of Plaintiffs.
68. The Individual Defendants have violated their fiduciary duties by entering into the
Merger Agreement without regard to strategic alternatives, information disclosed as material matters
or the fairness ofthe transaction to Plaintiffs. Defendant Sirius directly breached and/or aided and
abetted the other defendants' breaches of fiduciary duties owed to Plaintiffs.
69. As demonstrated by the allegations above, the Individual Defendants failed to
exercise the care required, and breached their duties ofloyalty, good faith, candor and independence
owed to Plaintiffs because, among other reasons:
(a) they failed to properly disclose all material information a reasonable
shareholder will need in casting an informed vote;
(b) they failed to properly value Sirius;
(c) they failed to properly value XM;
(d) they failed to properly ascertain the profitability ofthe combined company;
and
(e) they ignored or did not protect against the numerous conflicts of interest
resulting from their own interrelationships or connection with the Merger.
70. Because the Individual Defendants dominate and control the business and corporate
affairs of Sirius, and are in possession of private corporate information concerning Sirius' assets,
business and future prospects, there exists an imbalance and disparity of knowledge and economic
- 16-
power between them and Plaintiffs which makes it inherently unfair for them to pursue any proposed
transaction whercin they will reap disproportionate benefits.
71. The Individual Defendants caused Sirius to aid and abet their breaches of fiduciary
duties owed to Plaintiffs.
72. By reason ofthe foregoing acts, practices and course ofconduct, the defendants have
failed to exercise care, diligence and candor in the exercise of their fiduciary obligations toward
Plaintiffs.
73. As a result ofthe actions of defendants, Plaintiffs will suffer irreparable injury as a
result of defendants' self-dealing.
74. The Individual Defendants are engaging in self-dealing, arc not acting in good faith
toward Plaintiffs, and have breached and are breaching their fiduciary duties to Plaintiffs.
75. Unless the proposed Merger is enjoined by the Court, defendants will continue to
breach their fiduciary duties owed to Plaintiffs, will not engage in arm's-length negotiations on the
Merger terms, and did not supply to Plaintiffs sufficient information to enable them to cast informed
votes on the proposed Merger and may consummate the proposed Merger, all to the irreparable hann
of Plaintiffs.
76. Plaintiffs have no adequate remedy at law. Only through the exercise ofthis Court's
equitable powers can Plaintiffs be fully protected from the immediate and irreparable injury which
defendants' actions threaten to inflict.
WHEREFORE, Plaintiffs demand preliminary and permanent injunctive reliefin their favor
and against defendants as follows:
A. Declaring and decreeing that the Merger Agreement was entered into in breach ofthe
fiduciary duties of the defendants and is therefore unlawful and unenforceable;
B. Enjoining defendants, their agents, counsel, employees and all persons acting in
concert with them from consummating the Merger, unless and until the Company and the Individual
Defendants proceed into Merger negotiations compatible with their fiduciary duties and disclose all
relevant information to Plaintiffs;
- 17 -
C. Directing the Individual Defendants to exercise their fiduciary duties to consummate
a transaction which is in the best interests of Plaintiffs as Sirius shareholders;
D. Rescinding, to the extent already implemented, the Merger or any of the terms
thereof;
E. Imposition ofa constructive trust, in favor ofPlaintiffs, upon any benefits improperly
received by defendants as a result of their wrongful conduct;
F. Awarding Plaintiffs the costs and disbursements ofthis action, including reasonable
attorneys' and experts' fees; and
G. Granting such other and further equitable reliefas this Court may deemjust and prope
DATED: May;a),2008 LAW OFFICES OF THOMAS G. AMON]]> http://seekingalpha.com/article/101407-finally-some-good-news-for-sirius-shareholders?source=feed#comment-290496 290496 53. By reason oftheir positions with Sirius, the Individual Defendants are in possession
ofnon-public information concerning the financial condition and prospects ofSirius, and especially
the true value and expected increased future value ofSirius and XM including the companies' assets
and prospects as a combined company, which they have not disclosed to Plaintiffs. Moreover,
despite their duty to maximize shareholder value, the defendants have clear and material conflicts of
interest and are acting to better their own interests at the expense of Plaintiffs.
54. Defendant Karmazin, as it has been shown, was very interested in pursuing a deal
with XM. Specifically, without further discloses, it seemingly appears that Karmazin's initially
contacted XM's CEO without the necessary Board authorization to negotiate a deal on behalf of
Sirius. Therefore, on information and belief, Karmazin was only acting on his behalfto protect his
- 13-
reputation in the entertainment industry. Without further disclosures, Karmazin had clear conflicts
of interest in pursuing this deal.
55. Ifcertain Individual Defendants, including Karmazin, do not continue with the post-
Merger company, they stand to gain substantially more compensation from termination clauses in
their employment agreements in the short term than they would otherwise be entitled to, creating a
financial conflict of interest.
56. There are also insufficient disclosures on the amount ofstock options controlled by
the Individual Defendants in the Proxy, the vesting schedule ofthese options, how that schedule will
be affected by the Merger or whether they would be entitled to immediately vest those options if
they do not continue as directors of the post-Merger company.
57. The proposed Merger is wrongful, unfair and harmful to Plaintiffs, and represents an
effort by defendants to aggrandize their own financial position and interests at the expense ofand to
the detriment ofPlaintiffs. The Merger is an attempt to deny Plaintiffs oftheir rights while usurping
the same for the benefit of defendants.
58. In light of the foregoing, the Individual Defendants must, as their fiduciary
obligations require:
• Withdraw their consent to the Merger and allow the shares to trade
freely - without impediments;
• Act independently so that the interests ofPlaintiffs will be protected,
including, but not limited to, the retention of truly independent
advisors and/or the appointment of a truly independent Special
Committee; and
• Adequately ensure that no conflicts of interest exist between
defendants' own interests and their fiduciary obligation to maximize
stockholder value or, ifsuch conflicts exist, to ensure that all conflicts
be resolved in the best interests of Plaintiffs as Sirius public
stockholders.]]> Sat, 25 Oct 2008 21:09:41 -0400 53. By reason oftheir positions with Sirius, the Individual Defendants are in possession
ofnon-public information concerning the financial condition and prospects ofSirius, and especially
the true value and expected increased future value ofSirius and XM including the companies' assets
and prospects as a combined company, which they have not disclosed to Plaintiffs. Moreover,
despite their duty to maximize shareholder value, the defendants have clear and material conflicts of
interest and are acting to better their own interests at the expense of Plaintiffs.
54. Defendant Karmazin, as it has been shown, was very interested in pursuing a deal
with XM. Specifically, without further discloses, it seemingly appears that Karmazin's initially
contacted XM's CEO without the necessary Board authorization to negotiate a deal on behalf of
Sirius. Therefore, on information and belief, Karmazin was only acting on his behalfto protect his
- 13-
reputation in the entertainment industry. Without further disclosures, Karmazin had clear conflicts
of interest in pursuing this deal.
55. Ifcertain Individual Defendants, including Karmazin, do not continue with the post-
Merger company, they stand to gain substantially more compensation from termination clauses in
their employment agreements in the short term than they would otherwise be entitled to, creating a
financial conflict of interest.
56. There are also insufficient disclosures on the amount ofstock options controlled by
the Individual Defendants in the Proxy, the vesting schedule ofthese options, how that schedule will
be affected by the Merger or whether they would be entitled to immediately vest those options if
they do not continue as directors of the post-Merger company.
57. The proposed Merger is wrongful, unfair and harmful to Plaintiffs, and represents an
effort by defendants to aggrandize their own financial position and interests at the expense ofand to
the detriment ofPlaintiffs. The Merger is an attempt to deny Plaintiffs oftheir rights while usurping
the same for the benefit of defendants.
58. In light of the foregoing, the Individual Defendants must, as their fiduciary
obligations require:
• Withdraw their consent to the Merger and allow the shares to trade
freely - without impediments;
• Act independently so that the interests ofPlaintiffs will be protected,
including, but not limited to, the retention of truly independent
advisors and/or the appointment of a truly independent Special
Committee; and
• Adequately ensure that no conflicts of interest exist between
defendants' own interests and their fiduciary obligation to maximize
stockholder value or, ifsuch conflicts exist, to ensure that all conflicts
be resolved in the best interests of Plaintiffs as Sirius public
stockholders.]]> http://seekingalpha.com/article/101407-finally-some-good-news-for-sirius-shareholders?source=feed#comment-290494 290494 fjallfoss.fcc.gov/prod...

DEFENDANTS FAILED TO DISCLOSE ALL MATERIAL INFORMATION
CONCERNING THE MERGER
44. The Proxy, filed jointly by Sirius and XM, failed to include an evaluation of the
Merger from Sirius' position. This alone establishes a violation ofthe Individual Defendants' duty of
candor. In order to fulfill their duty ofcandor, the Individual Defendants must disclose information
regarding Sirius as a stand-alone company and how that information would be affected in a Merger
with XM. The Proxy, however, is silent as to any analysis of this key information needed for an
informed vote by Plaintiffs.
45. The Proxy suffers from further numerous material deficiencies, the most glaring of
which is the Board's failure to inquire about any other strategic alternative or transaction, and the
resulting failure to obtain and maintain the best value for Plaintiffs. For example, a primary driver of
a merger with XM would be to acquire subscribers, build revenues and build a larger base to spread
costs. As such, Plaintiffs could not cast an informed vote on the Merger without disclosures on the
acquisition's effect on the marginal benefit ofeach such subscriber, in terms of, among other things,
revenues, reach and brand recognition, versus the marginal costs of each such subscriber. These
revenues, costs and projections must be weighed by Plaintiffs to determine whether it would be
preferable to acquire subscribers through XM or acquire them as a stand-alone Company.
- 11 -
46. Moreover, the Proxy contains incomplete financial information and inadequate
information concerning the Merger process. For example, the Proxy does not disclose what
authority, ifany, Karmazin was granted when pursuing the meetings with XM's management prior to
December 2006. Nor does the Proxy disclose the information Karmazin was privy to that prompted
the meeting with XM or anything related to Karmazin's motives in approaching XM's CEO in
February 2006.
47. The Proxy selectively discloses numbers used to value Sirius and XM, and
consistently evaluates the deal in the aggregate, as opposed to considering the fairness ofthe deal to
Plaintiffs as public shareholders ofSirius. Finally, the Proxy omits information used by the Board to
determine that the Merger was the one and only strategic option that should be explored prior to
entering into the Merger Agreement.
48. The Merger is contingent upon obtaining appropriate approvals from varIOus
governmental agencies. Despite the sudden announcement ofa shareholder meeting to approve the
Merger, the Proxy does not contain any indication that such approvals are forthcoming or what
factors the Board weighed in concluding the Merger was the best choice for shareholders given the
antitrust issues it identified. Additionally, Karmazin has made it clear he is willing to compromise
the business model of the post-Merger company to obtain the necessary regulatory approvals.
However, no disclosures were made detailing the concessions he, any ofthe Individual Defendants
or the Company have made to the government agencies overseeing the Merger, what effect these
concessions will have on the future profits of the post-Merger company or the effects upon share
value.
49. The Proxy glances over the regulatory approval problem. It discloses that the legal
counsel of both Sirius and XM analyzed the possibility of the Merger obtaining the necessary
regulatory approvals. But neither these analyses nor the results are disclosed. Plaintiffs should
know how defendants weighed the regulatory risks of not obtaining regulatory approval.
50. The Proxy does not fairly disclose the process by which the Individual Defendants
determined that 4.6 Sirius shares for every XM share was a fair exchange or why that ratio should
not be changed despite the changed market conditions since the execution ofthe Merger Agreement
- 12 -
over a year ago. Plaintiffs must be provided information that the 4.6: I ratio agreed to in February is
a beneficial transaction.]]> Sat, 25 Oct 2008 21:08:00 -0400 fjallfoss.fcc.gov/prod...

DEFENDANTS FAILED TO DISCLOSE ALL MATERIAL INFORMATION
CONCERNING THE MERGER
44. The Proxy, filed jointly by Sirius and XM, failed to include an evaluation of the
Merger from Sirius' position. This alone establishes a violation ofthe Individual Defendants' duty of
candor. In order to fulfill their duty ofcandor, the Individual Defendants must disclose information
regarding Sirius as a stand-alone company and how that information would be affected in a Merger
with XM. The Proxy, however, is silent as to any analysis of this key information needed for an
informed vote by Plaintiffs.
45. The Proxy suffers from further numerous material deficiencies, the most glaring of
which is the Board's failure to inquire about any other strategic alternative or transaction, and the
resulting failure to obtain and maintain the best value for Plaintiffs. For example, a primary driver of
a merger with XM would be to acquire subscribers, build revenues and build a larger base to spread
costs. As such, Plaintiffs could not cast an informed vote on the Merger without disclosures on the
acquisition's effect on the marginal benefit ofeach such subscriber, in terms of, among other things,
revenues, reach and brand recognition, versus the marginal costs of each such subscriber. These
revenues, costs and projections must be weighed by Plaintiffs to determine whether it would be
preferable to acquire subscribers through XM or acquire them as a stand-alone Company.
- 11 -
46. Moreover, the Proxy contains incomplete financial information and inadequate
information concerning the Merger process. For example, the Proxy does not disclose what
authority, ifany, Karmazin was granted when pursuing the meetings with XM's management prior to
December 2006. Nor does the Proxy disclose the information Karmazin was privy to that prompted
the meeting with XM or anything related to Karmazin's motives in approaching XM's CEO in
February 2006.
47. The Proxy selectively discloses numbers used to value Sirius and XM, and
consistently evaluates the deal in the aggregate, as opposed to considering the fairness ofthe deal to
Plaintiffs as public shareholders ofSirius. Finally, the Proxy omits information used by the Board to
determine that the Merger was the one and only strategic option that should be explored prior to
entering into the Merger Agreement.
48. The Merger is contingent upon obtaining appropriate approvals from varIOus
governmental agencies. Despite the sudden announcement ofa shareholder meeting to approve the
Merger, the Proxy does not contain any indication that such approvals are forthcoming or what
factors the Board weighed in concluding the Merger was the best choice for shareholders given the
antitrust issues it identified. Additionally, Karmazin has made it clear he is willing to compromise
the business model of the post-Merger company to obtain the necessary regulatory approvals.
However, no disclosures were made detailing the concessions he, any ofthe Individual Defendants
or the Company have made to the government agencies overseeing the Merger, what effect these
concessions will have on the future profits of the post-Merger company or the effects upon share
value.
49. The Proxy glances over the regulatory approval problem. It discloses that the legal
counsel of both Sirius and XM analyzed the possibility of the Merger obtaining the necessary
regulatory approvals. But neither these analyses nor the results are disclosed. Plaintiffs should
know how defendants weighed the regulatory risks of not obtaining regulatory approval.
50. The Proxy does not fairly disclose the process by which the Individual Defendants
determined that 4.6 Sirius shares for every XM share was a fair exchange or why that ratio should
not be changed despite the changed market conditions since the execution ofthe Merger Agreement
- 12 -
over a year ago. Plaintiffs must be provided information that the 4.6: I ratio agreed to in February is
a beneficial transaction.]]> http://seekingalpha.com/article/101407-finally-some-good-news-for-sirius-shareholders?source=feed#comment-290483 290483
The best thing about this bad news is it’s no longer bad. Now that we know what is happening we can and are already on the road to preventing it. In a few weeks Mel will have us believing it never happened.

Never trust a company that sues itself!

Vote No to REV-Split
Vote No Mo Shares
Kick Mel Out!
]]> Sat, 25 Oct 2008 20:39:13 -0400
The best thing about this bad news is it’s no longer bad. Now that we know what is happening we can and are already on the road to preventing it. In a few weeks Mel will have us believing it never happened.

Never trust a company that sues itself!

Vote No to REV-Split
Vote No Mo Shares
Kick Mel Out!
]]> http://seekingalpha.com/article/101407-finally-some-good-news-for-sirius-shareholders?source=feed#comment-290464 290464
Sirius hires 13 year old big farmer to troll chat rooms!

Heheehhe... LOL...

Vote No to REV-Split
Vote No Mo Shares
Kick Mel Out!
]]> Sat, 25 Oct 2008 19:48:34 -0400
Sirius hires 13 year old big farmer to troll chat rooms!

Heheehhe... LOL...

Vote No to REV-Split
Vote No Mo Shares
Kick Mel Out!
]]> http://seekingalpha.com/article/101407-finally-some-good-news-for-sirius-shareholders?source=feed#comment-290454 290454
IMO, the next 14 months is going to be all down hill. Inflation is nothing like it will be in a few more months. Jobs will be lost and homes will be lost. People will not have money to buy cars. God I hope I am wrong.

Upside, Remember the 70’s?
If people have the money we have “not one set” but “two sets” of car sales booms to look forward too.

First, people are already moving to efficient vehicles, compact and new technologies. Boom, Boom, Boom, China and Mexico will make loads of money, Thank you NAFTA.

Second, as gas prices lower with US local oil now allowed again, the gas monopolies will once again take out all the competition and new technologies just like in the 80’s. People will want those big gas hogs again.

As the economy improves and gas companies adjust in the endless cycle of consumer gouging, people will forget about solar, electric cars and demand that “umph” on the peddle. All good news for automakers because they just keep cycling the same old…

Vote No to REV-Split
Vote No Mo Shares
Kick Mel Out!
]]> Sat, 25 Oct 2008 19:39:02 -0400
IMO, the next 14 months is going to be all down hill. Inflation is nothing like it will be in a few more months. Jobs will be lost and homes will be lost. People will not have money to buy cars. God I hope I am wrong.

Upside, Remember the 70’s?
If people have the money we have “not one set” but “two sets” of car sales booms to look forward too.

First, people are already moving to efficient vehicles, compact and new technologies. Boom, Boom, Boom, China and Mexico will make loads of money, Thank you NAFTA.

Second, as gas prices lower with US local oil now allowed again, the gas monopolies will once again take out all the competition and new technologies just like in the 80’s. People will want those big gas hogs again.

As the economy improves and gas companies adjust in the endless cycle of consumer gouging, people will forget about solar, electric cars and demand that “umph” on the peddle. All good news for automakers because they just keep cycling the same old…

Vote No to REV-Split
Vote No Mo Shares
Kick Mel Out!
]]> http://seekingalpha.com/article/101407-finally-some-good-news-for-sirius-shareholders?source=feed#comment-290443 290443
Well for the 100th time.

If we actualy get a no on the Rev-Split and No more shares, they will be forced to find other ways to pay the debt. Ways that are avalible but have not been used because the stock holders are being abused.

If all else failes to finance. The Bond holders will renew at 3.8% like they have been trying to get Mel to do since the merger. Last resort becasue the shhorts will continue. But, on the upside, shorting will casue fluctuation and profit for people who know how to trade the ups and downs. Not the answer I want but it is the last resort and ready way to do the debt today.

IMO, that is what will happen if we vote no to the Rev Split. OK?

But on news supressed but given to us this week, Sirius is involved in racketeering and deception. So, do you think any of that matters? Well?

Vote no to the Rev Split]]> Sat, 25 Oct 2008 18:52:17 -0400
Well for the 100th time.

If we actualy get a no on the Rev-Split and No more shares, they will be forced to find other ways to pay the debt. Ways that are avalible but have not been used because the stock holders are being abused.

If all else failes to finance. The Bond holders will renew at 3.8% like they have been trying to get Mel to do since the merger. Last resort becasue the shhorts will continue. But, on the upside, shorting will casue fluctuation and profit for people who know how to trade the ups and downs. Not the answer I want but it is the last resort and ready way to do the debt today.

IMO, that is what will happen if we vote no to the Rev Split. OK?

But on news supressed but given to us this week, Sirius is involved in racketeering and deception. So, do you think any of that matters? Well?

Vote no to the Rev Split]]> http://seekingalpha.com/article/101407-finally-some-good-news-for-sirius-shareholders?source=feed#comment-290433 290433
IMO, what ever the hold up of this product, it is not technology. Could be more like marketing next years faster CPU before the next better generation CPU is released.

But, if Sirius has it, a new set of stock holders will pay dearly before they too lose all their investment. “Never trust a company that sues itself”.

I am very LONG and very heavy in this disgusting mess.

VOTE NO REV-SPLIT
VOTE NO MORE SHARE ISSUE
KICK MEL OUT
]]> Sat, 25 Oct 2008 18:40:26 -0400
IMO, what ever the hold up of this product, it is not technology. Could be more like marketing next years faster CPU before the next better generation CPU is released.

But, if Sirius has it, a new set of stock holders will pay dearly before they too lose all their investment. “Never trust a company that sues itself”.

I am very LONG and very heavy in this disgusting mess.

VOTE NO REV-SPLIT
VOTE NO MORE SHARE ISSUE
KICK MEL OUT
]]>