Thanks, I'll locate it. Do you want some of my popcorn Johnny?
I don't mind sharing it now. :p
Julie
Printable View
If Homer was bashing Tyler, I would have stated the exact same post. Charles, Orbitcast, whoever. All these sites are just trying to give our community a place to exchange ideas, not sell an agenda. If i thought any site was just pushing an agenda, then i wouldnbt post on it. I appreciate these site owners for the opportunity, I agree with zero of them, on every issue.
I'll be stay on my toes with him. If I see he's lurking I'll just
talk about the weather. That'll shut him up. No arguing
about the weather, it's too boring for him. He'll soon slink
away to look for other victims. :D
Julie
http://www.dealerscope.com/article/s...-411498_1.html
No worries there. I am linking with the best of 'em now. :cool:
By the way, i refuse to chat on orbitcast in protest, because i hear they have a forum, but after 5 attempts to find it, i have given up. Link? LOL
hey all....when is S-XM announcing skydock? is it tomorrow? thx.
Hey JohnnyIrish, in your opinion is there any reason to think that the SkyDoc announcement will have any positive impact on the share price? Or do you think that all of the positive news has already been absorbed and that's why we're a little stagnant right now?
OK, I just finished reading the comments at that crap ass site. First of all homer has bashed Tyler before I have seen it myself. As for why he does it where he does it I can understand, I dont trust Brandon with that kind of information ether (I did not register for the forums here until more then a year after because I wanted to make sure I could trust the site with that kind of information). Brandon has shown me already he cant be trusted.
Homer is doing the correct thing by telling how bad Brandon has been in his articles. My god I have been there and seen the cheerleaders over there and very few people ever say, boy are you way out there Brandon. Usually it is, "another great article Brandon, boy give us another" and that is just after he has been proven to be wrong on his last few articles.
The fact is Brandon cant get his shit straight and the site would be way way way better off without him. The problem is he is not just a poster or contributor, but the main owner. That means he should be extra careful of the quality of articles he puts up, he acts though like he is just a poster. He being the head of the site means he is the leader and therefore the one that leads where the site gos in its assumtions. relmor, If you cant see that then you really need to step back from the site over there and take a good look. I have seen it time and time again. I am sorry but "cos1000" and a few others are not enough to stem the tide of Brandon and his mindless followers.
Here is a good example, if the editor/owner of a newspaper sucks then so will the newspaper.
Agreed, There is just one logical answer to what has happen and what I have said about homer coming down on Brandon and why it is necessary!!!!!!!!!!!!!! Are you ready, BECAUSE BRANDON HAS NOT CHANGED AND KEEPS PUTTING UP CRAP ASS, FALSE ARTICLES. If the people over there were more responsive to this issue instead of being enablers Brandon would have been forced to change his ways already, THAT HAS NOT HAPPEN YET. There is no getting around that fact.
not really sure this run up is related to Skydock,but rather upgrade in credit rating and 2Qreport and improving auto sector,also improving balance sheet.
most smart investors are looking a year or more out,not the next news item or report..As i said,when the last 2 new bond offerings were done SXM had to show the books and provide guidance at least until bonds are due and you saw the result of this,heavy and greater interest in SXM debt..bond buyers are very conservative and wouldn't touch anything too risky,Street saw thisa and has been uptil 3 weeks ago getting in quietly,but not anymore,no shares available..Hence run up..
But tomorrow is also important to keep short term momentum going,all depends on what else is presented and how it's presented..
relmor, You say that the site (Stawaves) is a good site because it gives people that invest or are interested in SIRIXM a place to go. Well so does the Yahoo message boards. The problem with the Yahoo boards is that the few good posters are drowned out and buried by all the crap that is put up after.
P.S. I dont care about different IP names UNTIL the person uses those various names to agree with himself as Brandon has done in the passed and has most likely done now. You see the difference dont you.
"One reason is the big volume in shares of "bankrupt" companies such as Citigroup, Fannie Mae, Freddie Mac, Sirius XM Radio and AIG ..."
Here : http://tinyurl.com/kl5b99
By what measure is Sirius XM Bankrupt ?
Item 1.01 Entry into a Material Definitive Agreement
On August 24, 2009, we issued $257 million aggregate principal amount of 9.75% Senior Secured Notes due 2015 (the “Notes”). We used the net proceeds from the sale of the Notes and cash on hand to terminate and repay in full the Credit Agreement, dated as of February 17, 2009, among us, Liberty Media Corporation, as administrative agent and collateral agent, and Liberty Media, LLC, as lender (the “LM Credit Agreement”). We had a $250 million term loan outstanding under the LM Credit Agreement and an approximately $380,000 purchase money loan outstanding under the LM Credit Agreement. We did not incur any penalties upon the termination and repayment of the LM Credit Agreement. Liberty Media Corporation purchased $50 million aggregate principal amount of Notes in the offering.
The terms of the Notes are governed by an Indenture, dated as of August 24, 2009, between us and U.S. Bank National Association, as trustee. The Notes were sold to J.P. Morgan Securities Inc., UBS Securities LLC and Morgan Stanley & Co. Incorporated as initial purchasers. The Notes were offered to certain non-U.S. persons pursuant to Regulation S under the Securities Act of 1933, as amended (the “Securities Act”) and to qualified institutional buyers pursuant to Rule 144A under the Securities Act at a purchase price equal to 97.248% of their principal amount. Interest is payable semi-annually in arrears on March 1 and September 1 at a rate of 9.75% per annum, commencing on March 1, 2010. The Notes will mature on September 1, 2015.
Satellite CD Radio, Inc. and Sirius Asset Management LLC, our wholly owned subsidiaries, guarantee our obligations under the Notes, including the payment of principal and interest. The Notes are not guaranteed by XM Satellite Radio Holdings Inc. (“XM Holdings”), XM Satellite Radio Inc. (“XM”) or any of their respective subsidiaries, which are unrestricted subsidiaries under the Indenture.
The Notes and related guarantees rank senior in right of payment to all of our and the subsidiary guarantors’ existing and future subordinated indebtedness; the Notes and related guarantees rank equal in right of payment with all our and the subsidiary guarantors’ existing and future senior indebtedness; the Notes and related guarantees are effectively senior to all of our and the subsidiary guarantors’ existing and future unsecured indebtedness to the extent of the value of the collateral securing the Notes and the related guarantees (after giving effect to any senior liens on the collateral); the liens on the collateral securing the $250 million Term Credit Agreement, dated as of June 20, 2007, among us, the lenders party thereto and Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent (the “Senior Secured Term Loan”) have priority over the liens securing the Notes and related guarantees, so long as the Senior Secured Term Loan is in existence; and the Notes and the related guarantees are structurally subordinated in right of payment to all existing and future indebtedness and other liabilities of any of our subsidiaries and the subsidiary guarantors’ subsidiaries that do not guarantee the Notes (including XM Holdings, XM and their respective subsidiaries). The Notes and related guarantees are secured by first-priority liens on substantially all of our assets and the assets of the subsidiary guarantors (subject to liens previously granted under the Senior Secured Term Loan and certain permitted liens and exceptions).
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At our option, we may redeem the Notes at a “make-whole” redemption price prior to September 1, 2012, subject to certain restrictions. In addition, prior to September 1, 2012, we may on any one or more occasions redeem up to 35% of the aggregate principal amount of the Notes at a redemption price equal to 109.75% of the principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to the date of redemption with the proceeds of certain equity offerings. The Notes are subject to covenants that, among other things, require us to make an offer to repurchase the Notes at 101% of their principal amount in the event of a change of control, and limit our ability and the ability of our restricted subsidiaries to incur more debt; pay dividends and make distributions; make certain investments; repurchase stock; create liens; enter into transactions with affiliates; enter into sale lease-back transactions; merge or consolidate; and transfer or sell assets.
Item 1.02 Termination of a Material Definitive Agreement
The response to Item 1.01 is hereby incorporated into this Item 1.02.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The response to Item 1.01 is hereby incorporated into this Item 2.03.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SIRIUS XM RADIO INC.
By:
/s/ Patrick L. Donnelly
Patrick L. Donnelly
Executive Vice President, General
Counsel and Secretary
Dated: August 25, 2009
I would think he meant "near bankrupt", because all of them were in the recent past. People ran for cover when a company is "near bankrupt", now that they are stabilizing, the stock comes back up to a level before the cover. If he is "clueless on the rally, I wonder why he is an "expert" . . . now he's in Chinese stocks.:confused: We all know SXM is far from going bankrupt now.:)