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How do you plan on saving SIRI?

How do you know that they can't save themselves?

Just because you bring your toolbox full of tools to the job, doesn't mean you take them all out - but isn't it nice to have a toolbox full of tools?

They have to say stuff like this so that they have more strength going into financing negotiations......it doesn't mean that they will do it. Mel has stated very clearly that the company is not...

This is the most important part...

"Our board of directors intends to effect the reverse stock split only if it believes that a decrease in the number of
shares is likely to improve the trading...

Otone,

I would not jump to conclusions from this. Having something at your disposal is not the same thing as using it. Maybe Mel is sending a message to the bond holders that there is no way...