In the event of BK, will you cancels subs?
In the event that Sirius XM declares bankruptcy, will you cancel some or all of your subs? This assumes that the common shareholders will be wiped out.
I have three subs and will cancel two, one right away and one when it is time to renew. I will keep the one in my car. I have common shares and two bonds. I hope in the event of BK the bonds will be converted into equity in the future company and not paid off for cents on the dollar. I'll still be out a lot of money.