I need to add how the Save Sirius case has not yet once been appealed. The judge has compassionately dismissed with “leave to amend”. I believe this shows the judge feeling that the case contains very important merit and “red meat”.
However, most of these cases hit the appeals court on several issues and levels. Most of these cases get sent to appeal 3 times before the establishment gets to work. This is a process of slowly hammering on the issues to be fair to all parties and in review of many peers. Sometimes it is corrupted, especially when big money is involved. But, this is the only system we have and usually it works in the end.
The Save Sirius case has just started the years that will be required.
Many of us Long Stock Holders may need the evidence produce in this case. It was worth every minute of my review…
Never before have flamed Tyler for any of his blogs. But this stinking article pushes the wrong buttons. He suggested we give up and let crooks win because lawyers make all the money? This is why this country is in trouble now. Everyone gives up without a fight and the crooks rip us off endlessly. The system sucks because you have to appeal a case 3 times to get it heard. But the only way to fix America is to fix it one case at a time.
After my many hours of review, IMO, the Save Sirius case is the root case for all recovery lawsuits that probably will hit “Mel Karmacrook” in his Belize, Camin, & Swiss Bank Accounts. However, I would rather this case be the pressure against Mel’s master plan that we stock holders need to save our investment without a lawsuit. What ever the end result, I am glad Mike H has provided us with a massive audit trail of Mel’s absolute corruption.
Tyler you’re just another stinking New World Order Sell Out. Your small time corruption is the root of all of America’s problems!
Tyler your article stinks. Tyler your opinion a bad influence on everyone who reads your crap!
Satellite Radio Is Not Immune to Big Three Troubles [View article]
THE LONG TERM
For guys like me, it does not matter if the RS happens or a BK. The bottom line is total red ink. Mel could avoid my future planned lawsuit with a BK. I would rather see Mel in jail via the RICO.
Most of us would rather see Sirius BK than see Mel start the shorts again with the RS. This RS thing will just give Mel more millions for his thieving friends…
Will Mel every try to get real financing? NO, not unless we turn up the heat on him…
Satellite Radio Is Not Immune to Big Three Troubles [View article]
Mel will not give any more information at the share holder meeting. He has no more information. He was and is going to fund all the debt from the merger on tha backs os us share holders.
It was his plan to fund the merger with our money. We have evidence outlined in the RICO against Mel. Now the FCC investigation is added to back up all the allegations and even add collusion.
The best part, because of this pressure, Mel could reverse his plan. That is what I pray for to happen. Just let this SP go to $ 2.30 and I am out of here…
Satellite Radio Is Not Immune to Big Three Troubles [View article]
YOU SAID --- "but I'm setting up for full dilution while maintaining all cash on hand post reverse and debt reduction. I think Mel's goal is to be able to say to the Street, "look, our SP is 3.50, our '09 debt is gone, we have 19M subs, our CF is positive and we have 500M in cash. You know you want to buy our stock."' ---
If your prediction is true, current stock holders would have a case against Mel and company. This is part of the RICO outline that is bouncing in and out of court now. Mel plan does not protect the intrest of stock holders. It is his plan and he could also go private and add to the case.
If your prediction rings true. SIRIUS will be sied to death. I prommis you.
Satellite Radio Is Not Immune to Big Three Troubles [View article]
YES EXACTLY!!!
"Following a R/S I can sell knowing recovery is no longer possible."
Most long terms like me would sell after a RS and take the lose. I predict 1 hour after the split the stock will start falling again. The RS will be the end of SIRIUS as a public traded company. That is Mels Plan...
Satellite Radio Is Not Immune to Big Three Troubles [View article]
Karmazin's sold the merger between XM and Sirius to regulators on the grounds that it would provide consumers with "a broader selection of content." But, we see less and less content with Mels every move.
February 2007, the combined market cap of the two satellite radio operators was $13 billion,
Today Sirius trades 16 cents a share, equity value of $510 million.
Satellite Radio Is Not Immune to Big Three Troubles [View article]
SIRIUS is dead
Todays line from Five Dumbest Things on Wall Street
Mel Karmazin can't play CEO, so he's playing disc jockey instead. The Sirius XM Radio(SIRI Quote - Cramer on SIRI - Stock Picks) chief told reporters at the Reuters Media Summit in New York last week that the satellite radio company is reducing its offerings as part of a $400 million cost-saving program. Karmazin said he will decide "the best channels" from now on, taking the best of breed in each music channel genre from either Sirius or XM.
"You as a subscriber, though you may miss your channel, you need to make sure we make money because you want us to be around so we can invest in programming and we can provide you with all these services," said Karmazin, whose company's stock trades around 16 cents a share, giving it an equity value of $510 million.
Yes, Sirius subscribers, Uncle Mel, whose 2007 compensation topped $5 million, says it's your duty to keep his company afloat and his lofty paycheck coming. Not to forget Howard Stern, Martha Stewart, Oprah Winfrey and all the talent he signed to expensive contracts.
What makes Karmazin's pleas most galling, however, is the fact that he sold the merger between XM and Sirius to regulators on the grounds that it would provide consumers with "a broader selection of content." In February 2007, when the combined market cap of the two satellite radio operators was $13 billion, Sirius announced the merger saying, "The combined company is committed to consumer choice, including offering consumers the ability to pick and choose the channels and content they want on a more a la carte basis."
Not anymore. Karmazin is calling the tunes from here on in.
At least until the company's crushing $3.4 billion debt load turns his airwaves to static.
Sirius XM Radio From the Analyst Report: "Sirius XM's crushing debt burden, slowing subscriber growth, and looming debt maturities are such that we think shareholders are at risk of total loss."
WITH LEAVE TO AMEND The Judge is showing us the case has merrit!
Again, we all knew this was going to be dismissed 2 or 3 times. Mel is calling on old favors. But Mike H will never quit.
Mel is a crook and this RECO case will be heard. This is unfortianatly how our justice system works. Any case involving big money is dismissed several times untill the establishment figures out the complaint will not go away
Mike is NOT done yet. He is the mad dog that will keep going back till they figgure out that this case is the real thing.
A second notice of amend was already sent...
The Judge is showing us the case has merrit! I am happy to see the judge paving the clear opening in this case. By leaving open to amend a second time, he is telling all our lawyers that this case has merrit and red meat...
Ousting Sirius CEO Karmazin Is a Crazy Idea [View article]
Cleaning out the great Mel SIRIUS CEO
My lawyer and I have a 364 page draft ready to go. We are waiting for Mel to make his mistake and repeat what he did to build Viacom by destroying investor value. His history will be the thing he can not defend this time around.
'Save Sirius' May Be Going Too Far [View article]
I need to add how the Save Sirius case has not yet once been appealed. The judge has compassionately dismissed with “leave to amend”. I believe this shows the judge feeling that the case contains very important merit and “red meat”.
However, most of these cases hit the appeals court on several issues and levels. Most of these cases get sent to appeal 3 times before the establishment gets to work. This is a process of slowly hammering on the issues to be fair to all parties and in review of many peers. Sometimes it is corrupted, especially when big money is involved. But, this is the only system we have and usually it works in the end.
The Save Sirius case has just started the years that will be required.
Many of us Long Stock Holders may need the evidence produce in this case. It was worth every minute of my review…
'Save Sirius' May Be Going Too Far [View article]
After my many hours of review, IMO, the Save Sirius case is the root case for all recovery lawsuits that probably will hit “Mel Karmacrook” in his Belize, Camin, & Swiss Bank Accounts. However, I would rather this case be the pressure against Mel’s master plan that we stock holders need to save our investment without a lawsuit. What ever the end result, I am glad Mike H has provided us with a massive audit trail of Mel’s absolute corruption.
Tyler you’re just another stinking New World Order Sell Out. Your small time corruption is the root of all of America’s problems!
Tyler your article stinks. Tyler your opinion a bad influence on everyone who reads your crap!
Satellite Radio Is Not Immune to Big Three Troubles [View article]
For guys like me, it does not matter if the RS happens or a BK. The bottom line is total red ink. Mel could avoid my future planned lawsuit with a BK. I would rather see Mel in jail via the RICO.
Most of us would rather see Sirius BK than see Mel start the shorts again with the RS. This RS thing will just give Mel more millions for his thieving friends…
Will Mel every try to get real financing? NO, not unless we turn up the heat on him…
Satellite Radio Is Not Immune to Big Three Troubles [View article]
It was his plan to fund the merger with our money. We have evidence outlined in the RICO against Mel. Now the FCC investigation is added to back up all the allegations and even add collusion.
The best part, because of this pressure, Mel could reverse his plan. That is what I pray for to happen. Just let this SP go to $ 2.30 and I am out of here…
Satellite Radio Is Not Immune to Big Three Troubles [View article]
Who has seen:
-Last weeks FCC investigation report slamming SIRIUS and the FCC,
-RICO documents on the SIRIUS XM Merger,
-Fed judge kicking law firm out of state for being part of SIRIUS suing SIRIUS to get protection from stock holders.
-Past lawsuits against Mel building Viacom, destroying stock holders in the past?
LOL go ahead and think positive.
Call Mr. Madoff and you can buy into his 50 billion PONZI.
Satellite Radio Is Not Immune to Big Three Troubles [View article]
It is in the Mike H RICO. Glad you are starting to see the light…
Satellite Radio Is Not Immune to Big Three Troubles [View article]
YOU SAID
---
"but I'm setting up for full dilution while maintaining all cash on hand post reverse and debt reduction. I think Mel's goal is to be able to say to the Street, "look, our SP is 3.50, our '09 debt is gone, we have 19M subs, our CF is positive and we have 500M in cash. You know you want to buy our stock."'
---
If your prediction is true, current stock holders would have a case against Mel and company. This is part of the RICO outline that is bouncing in and out of court now. Mel plan does not protect the intrest of stock holders. It is his plan and he could also go private and add to the case.
If your prediction rings true. SIRIUS will be sied to death. I prommis you.
Satellite Radio Is Not Immune to Big Three Troubles [View article]
"Following a R/S I can sell knowing recovery is no longer possible."
Most long terms like me would sell after a RS and take the lose. I predict 1 hour after the split the stock will start falling again. The RS will be the end of SIRIUS as a public traded company. That is Mels Plan...
Satellite Radio Is Not Immune to Big Three Troubles [View article]
February 2007, the combined market cap of the two satellite radio operators was $13 billion,
Today Sirius trades 16 cents a share, equity value of $510 million.
Mel Karmazin is all static.
Vote NO and Mel needs to GO!!!
Satellite Radio Is Not Immune to Big Three Troubles [View article]
Todays line from Five Dumbest Things on Wall Street
Mel Karmazin can't play CEO, so he's playing disc jockey instead.
The Sirius XM Radio(SIRI Quote - Cramer on SIRI - Stock Picks) chief told reporters at the Reuters Media Summit in New York last week that the satellite radio company is reducing its offerings as part of a $400 million cost-saving program. Karmazin said he will decide "the best channels" from now on, taking the best of breed in each music channel genre from either Sirius or XM.
"You as a subscriber, though you may miss your channel, you need to make sure we make money because you want us to be around so we can invest in programming and we can provide you with all these services," said Karmazin, whose company's stock trades around 16 cents a share, giving it an equity value of $510 million.
Yes, Sirius subscribers, Uncle Mel, whose 2007 compensation topped $5 million, says it's your duty to keep his company afloat and his lofty paycheck coming. Not to forget Howard Stern, Martha Stewart, Oprah Winfrey and all the talent he signed to expensive contracts.
What makes Karmazin's pleas most galling, however, is the fact that he sold the merger between XM and Sirius to regulators on the grounds that it would provide consumers with "a broader selection of content." In February 2007, when the combined market cap of the two satellite radio operators was $13 billion, Sirius announced the merger saying, "The combined company is committed to consumer choice, including offering consumers the ability to pick and choose the channels and content they want on a more a la carte basis."
Not anymore. Karmazin is calling the tunes from here on in.
At least until the company's crushing $3.4 billion debt load turns his airwaves to static.
Vote NO and Mel needs to GO!!!
Hartleib vs. Sirius XM: Dismissed [View article]
Mel is a crook and this RECO case will be heard.
Hartleib vs. Sirius XM: Dismissed [View article]
The Judge is showing us the case has merrit!
Again, we all knew this was going to be dismissed 2 or 3 times. Mel is calling on old favors. But Mike H will never quit.
Mel is a crook and this RECO case will be heard. This is unfortianatly how our justice system works. Any case involving big money is dismissed several times untill the establishment figures out the complaint will not go away
Mike is NOT done yet. He is the mad dog that will keep going back till they figgure out that this case is the real thing.
A second notice of amend was already sent...
The Judge is showing us the case has merrit!
I am happy to see the judge paving the clear opening in this case. By leaving open to amend a second time, he is telling all our lawyers that this case has merrit and red meat...
Ousting Sirius CEO Karmazin Is a Crazy Idea [View article]
And now many more words from the Sirius Sponsors…
Ousting Sirius CEO Karmazin Is a Crazy Idea [View article]
Mel has been sued in 23 States in the past 12 years. Most states Mel has been sued more than several times.
Mel settled several stock holder cases after he retired from Viacom. All the cases were failing to protect stock holder interest.
Ousting Sirius CEO Karmazin Is a Crazy Idea [View article]
My lawyer and I have a 364 page draft ready to go. We are waiting for Mel to make his mistake and repeat what he did to build Viacom by destroying investor value. His history will be the thing he can not defend this time around.