I enjoyed listening to the show. lots of good information. the documentary coming out memorial day, if it goes viral, may help the price concidering.
great show. hope you establish a regular schedule even if once or twice a month.
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I enjoyed listening to the show. lots of good information. the documentary coming out memorial day, if it goes viral, may help the price concidering.
great show. hope you establish a regular schedule even if once or twice a month.
Hope this helps you Rick
Attachment 41
DJ Sirius XM Files Mixed Securities Shelf >SIRI
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DOW JONES NEWSWIRES
Ê Sirius XM Radio Inc. (SIRI) on Friday registered with the Securities and Exchange Commission to sell an undisclosed amount of mixed securities from time to time. Ê The satellite radio company said the securities include debt securities, preferred stock, common stock, despositary shares, stock purchase contracts, warrants and units. Ê Sirius XM also plans to sell 37.4 million in common shares for the selling shareholders. Ê The New York company said it plans to use any proceeds from the offering for working capital and general corporate purposes.
Ê -Yogita Patel, Dow Jones Newswires; 202-862-1343; yogita.patel@dowjones.com
Here is Homer's post from another board (not to be named) in regards to this...
I thought it was in regards to the recent deals...
As you remember, there was this filing a few days ago on the 12th.......Quote:
It's a part of the same registration statement filed 8 days ago. Then delayed it a couple days ago.
No news here.
It's all related to the registration of the shares given to holders of XM's 10% Convertibles that exchanged for new Notes.
Most growing public companies like Sirius and XM always keep a "shelf" on file with the SEC -- which allows them to quickly issue shares or place debt, if the opportunity arises.
Without a shelf on file, they have to go through a process that may take too long... so they keep them on file. Shelf offerings are good for 2 years. When they expire or are maxed out, companies issue new ones.
Sirius' last shelf was all used up when they closed the merger with XM.
The current one filed on 3/12 was delayed a couple days ago -- and appears to have been refiled tonight. It's the same thing (for the most part) as the one filed on 3/12. It registers the shares given to the Dec09 XM Note holders -- as well as places a certain amount "on the shelf" for Sirius to issue if they need it.
No news here.
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S-3 Registration Statement Mar 12, 2009
http://investor.sirius.com/sec.cfm
DJ Sirius XM Files $1B Mixed-Securities Shelf >SIRI
. Ê DOW JONES NEWSWIRES
Ê Sirius XM Radio Inc. (SIRI) on Thursday registered with the Securities and Exchange Commission to sell from time to time up to $1 billion of debt securities, preferred stock, depositary shares, common stock, warrants or purchase rights, stock purchase contracts and units. Ê The satellite radio company said it intends to use the net proceeds for working capital and general corporate purposes. Ê No underwriters were listed in the filing. Ê Shares of the company closed Thursday at 19 cents, up 3 cents, or 19.63%.
Ê -By Denise Jia, Dow Jones Newswires; 202-862-1359; denise.jia@dowjones.com
That would explain why mine blew off the bumper LOL
I should have used some of my Duct Tape
If nothing else, they should have something for you to proudly display. Maybe we need to take up a collection and get em made.
http://www.zazzle.com/custom/bumperstickers
I saw that on my power etrade ah screen, I could not figure it out
Paratrooper Rick....Don't sweat plumbing up a poster from time to time if needed...I use to do the same when I first posted here...
Its the positivity and dedication that keeps us going....If the information thats voiced hear is true but not pretty...the truth may not be pretty but it will always be the truth...But if its just BS bashing or venting because of their own faults or not happy with their situation because they jumped into something without doing their homework....No worries.. if someone is out of line usually you will see them bum rushed by most of us here...
So keep up the good work....and don't dissapear to the sidelines we need people like you to keep this site informative, positive and the productive community it is...Thanks Tony:cool:
We may hit .32 in the ah at some point today.
Just got back in to see a nice hold (as suspected). I thought we could get back to even as I said this morning but .31 will do just fine. A very good hold. We had two scenarios this week. 1. Enough big money would come in and lift us past that deadly .43 wall (that we know about from the October Limit Down Monday). I thought we had a chance, watching the bullish action up around there. All we needed was OUR white knight big money guy to swoop in and make the shorts scramble. That didn't happen but I wasn't going anywhere until I saw it wasn't. Scenario 2 is one I mentioned on the way up, which is that we'd get up here in the 30's and create a new waterline...hopefully setting the table for that next push. We still have a few more proving days next week but so far it's scenario 2. The new Miller Tabak target news could hit the SP on a delay next week. Esp. if we see one more raised target. I'm ecstatic to finish this week @ .31. Esp. after a few days of getting rocked. Hope every one else is too. Don't want to be too overconfident going forward. Humility will take us to the promised land no question. It all seems to be falling in place in its own time. I always used to say on the SA boards this phrase: "at the time and place of their choosing." What this means is we are along for the ride. We do our homework and try to decipher the news best we can. The rest is up to the big money, both long and short. We're parasites just like even the people higher than us on the chain. All of us slave to the dudes (and women) who say "when." And when they do, we move. Good news now is, our ship has been repaired and we have turned it around so we're heading back out to open waters once again. The days of being anchored in the port of despair are over...Long live SIRI and may she sail proud... :walkman:
guys..
I was going through today's S3 Prospectus (more housekeeping) and this happened to catch my eye. I'm sure this is in all other Prospecti but it just jumped at me today...as if we didn't know :p
>>No Stockholder Rights Plan
We currently do not have a stockholder rights plan. <<