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Scott Greczkowski
Scott Greczkowski
Staff member HERE TO HELP YOU! Cutting Edge
Last reply · posted in SiriusXM Satellite Radio

Shareholders Sue Sirius

LOS ANGELES, Nov. 3 /PRNewswire/ -- The following is being issued by "Save Sirius":
A group of incensed shareholders, over 500 strong and growing, have banned together and accused SIRIUS XM management of unjustly enriching themselves at the expense of shareholders.

A derivative suit on behalf of shareholders has been filed in the United States District Court, Central District of California, Southern Division. Case number SACV08-00790CJC

The case accuses management of violations of the FEDERAL RACKETEER INFLUENCED AND CORRUPT ORGANIZATIONS ACT (RICO), BREACH OF THE FIDUCIARY DUTY AND THE SHERMAN ACT.

This suit seeks to prevent management from further damaging its shareholders with massive amounts of additional dilution (8 billion shares in the fully diluted float) and as much as a 1 for 50 reverse stock split.
"We are working to gain control of our company by seeking to remove current members of the board as well as top executive Mel Karmazin," said Michael Hartleib on behalf of Save Sirius and its members. In a September 15th 2008 Wall Street Journal article written by Sarah McBride, she states, "Given Sirius XM's low stock price, Mr. Karmazin said he would love to take the company private. But given the state of the credit markets, 'How do you find [the money] today?' If the company were generating positive cash flow, which he expects it to do for the full year in 2009, privatization would become much more feasible, he says."
It is clear that management under Mr. Karmazin's leadership has an agenda to steal this company from its shareholders.
Given Management's history of: -- Locking their shareholders into the longest merger delay in history; -- Preventing the Corporation from seeking alternatives or potential suitors; -- Failing to commercially introduce interoperable radios; -- Their insistence on going forward with the merger at any and all costs; -- Consummating the merger issuing 300 million shares to the financiers of XM's debt to be sold short on the open marketMr. Karmazin and the board have severely damaged shareholder value in violation of their fiduciary duties. Shareholders have lost over 90% of their value under Mr. Karmazin's leadership.

"In light of the aforementioned, it is clear that they have lost sight of their obligations to shareholders and have breached and will continue to breach their fiduciary duties in the future. We, as a group, will not stand for this and will use any means possible to prevent and preclude them from stealing this company from its rightful owners -- we the shareholders," said Michael Hartleib, on behalf of Save Sirius and its members.
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Foxbat
Foxbat
Hmmmmm, indeed. I bought my Mercury Milan just under six months ago and I recently received the "Subscribe now and save!" letter in the mail from Sirius. I don't think I'm going to throw any money their way until they clear this mess up. Besides, SYNC pulls music from my iPod and RAZR just fine, thank you very much, and good old analog radio continues to deliver programming for free.
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Neutron
Neutron
Shares are now down to 15 cents a share.
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Van
Van
Excuse me as I laugh and its not at those here who invested in Sirius so much as its at Stern and how much he's loosing after making such a huge deal out of his transition to Sirius and about browning his nose on Karmizans backside. I kind of liked the service but management has been questionable from the start and they could have had Stern for a heck of alot less and better utilized that savings.
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Van
Van
0.140
-0.022 (-13.58%)
Nov 20 - Close Open: 0.17 Mkt Cap: 491.88M P/E: - Dividend: -
High: 0.17 52Wk High: 3.94 F P/E: - Yield: -
Low: 0.14 52Wk Low: 0.14 Beta: 2.67 Shares: 3.51B
Vol: 64.99M Avg Vol: 54.90M EPS: -2.21 Inst. Own: 21%
After Hours: 0.150 +0.010 (7.14%) - Nov 20, 7:55PM EST
Not looking good, best of luck to the investors here.
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P
pso480
It's the market in general that's down. Sirius is hurt even worse because it's an option not a necessity that people can live without.
Personally I don't like the 50/60/70 FM sound they have now. It sounds like I am listening to my local FM only without the commercials.

I have two lifetimes so I hope they hang in there although I am about even as long as I have had them.:mad:
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Ham Radio 2.0
· posted in Ham Radio 2.0

The Best Black Friday Deals for Off-Grid Comms Right Now!

Time for another AWESOME video from Ham Radio 2.0!


View: https://www.youtube.com/watch?v=CFoqfrcM8pw


Direct YouTube Link - The Best Black Friday Deals for Off-Grid Comms Right Now!
Ham Radio 2.0 Website
Ham Radio 2.0 on Facebook
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TWiT Tech Podcast Network
· posted in TWiT Tech Podcast Network

AI Hiking Advice Nearly Turns Deadly on Mount Shasta #shorts

Time for another AWESOME video from the TWIT Network!


View: https://www.youtube.com/shorts/V6XzeaKDC0Y


Direct YouTube Link - AI Hiking Advice Nearly Turns Deadly on Mount Shasta #shorts
TWIT's Website
TWIT Live Feed
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TWiT Tech Podcast Network
· posted in TWiT Tech Podcast Network

Google's AI Ultimatum for Schools

Time for another AWESOME video from the TWIT Network!


View: https://www.youtube.com/watch?v=yH-9zj0f7jQ


Direct YouTube Link - Google's AI Ultimatum for Schools
TWIT's Website
TWIT Live Feed
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TWiT Tech Podcast Network
· posted in TWiT Tech Podcast Network

Religious Exemption from Using AI?

Time for another AWESOME video from the TWIT Network!


View: https://www.youtube.com/watch?v=8m4uwajewUU


Direct YouTube Link - Religious Exemption from Using AI?
TWIT's Website
TWIT Live Feed
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TWiT Tech Podcast Network
· posted in TWiT Tech Podcast Network

The Binance Crypto Heist

Time for another AWESOME video from the TWIT Network!


View: https://www.youtube.com/watch?v=Zd5TCAV3Cek


Direct YouTube Link - The Binance Crypto Heist
TWIT's Website
TWIT Live Feed
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Lon.TV
· posted in Lon.TV

HP’s Answer to the MacBook Neo? OmniBook 5 14 Review

Time for another AWESOME video from Lon Seidman of LON.TV!


View: https://www.youtube.com/watch?v=o62FsJ2V5Cc


Direct YouTube Link - HP's Answer to the MacBook Neo? OmniBook 5 14 Review
The Official LON.TV Website
Lon on Facebook
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ewindowman
ewindowman
Lifetime Supporter
Last reply · posted in DISH Network Support Forum

Dish Bankruptcy - Business as Usual

Looks like dish is Bankrupt. Filling tomorrow Tuesday June 30th
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nelson61
nelson61
Washington Post

SpaceX has held talks with Boost's parent company EchoStar in recent months about launching its own signature wireless service through a deal with the company, according to two people familiar with the negotiations.
Musk, the SpaceX CEO, has discussed the deal personally, meeting with EchoStar chairman Charlie Ergen last month, according to the people. The potential deal may result in SpaceX acquiring Boost Mobile or SpaceX gaining access to its network, which it leases from AT&T and T-Mobile US, the people said.
Access to those lease agreements would be a coup for SpaceX. The back door would allow Musk to make a play for a U.S. wireless market that equity research firm MoffettNathanson estimates is worth $235 billion. But the proposed service may need consent from those carriers for the service to actually launch, the people said.
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Scott Greczkowski
Scott Greczkowski
nelson61 said:
Washington Post

SpaceX has held talks with Boost's parent company EchoStar in recent months about launching its own signature wireless service through a deal with the company, according to two people familiar with the negotiations.
Musk, the SpaceX CEO, has discussed the deal personally, meeting with EchoStar chairman Charlie Ergen last month, according to the people. The potential deal may result in SpaceX acquiring Boost Mobile or SpaceX gaining access to its network, which it leases from AT&T and T-Mobile US, the people said.
Access to those lease agreements would be a coup for SpaceX. The back door would allow Musk to make a play for a U.S. wireless market that equity research firm MoffettNathanson estimates is worth $235 billion. But the proposed service may need consent from those carriers for the service to actually launch, the people said.
Click to expand...
Can't remember where or who I saw predict this. :D

It wouldn't surprise me to see Elon soon own all of DISH / Echostar in the future.
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Bruce
Bruce
Scott Greczkowski said:
It wouldn't surprise me to see Elon soon own all of DISH / Echostar in the future.
Click to expand...
Again, why would Musk want a TV Service, specially one that is losing over a million subscribers a year.

Phone service…maybe, but not TV.
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Scott Greczkowski
Scott Greczkowski
Bruce said:
Again, why would Musk want a TV Service, specially one that is losing over a million subscribers a year.

Phone service…maybe, but not TV.
Click to expand...
I know he wants TV. He wants to deliver EVERYTHING to EVERYWHERE.
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Bruce
Bruce
Scott Greczkowski said:
I know he wants TV. He wants to deliver EVERYTHING to EVERYWHERE.
Click to expand...
Again, if so, why would he want Dish/Sling of all the providers?

He could deliver anything without actually owning, for example, watching the Lions game in my Tesla Y on it's screen via the YT app, while on the way to my future in-laws on Sunday.
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Bruce
Bruce
www.lightreading.com

SpaceX boldly goes into 'huge' 5G network rollout with Qualcomm

After trying satellites and small cells, Elon Musk's SpaceX is to build a terrestrial mobile network across tens of thousands of sites with Qualcomm.
www.lightreading.com
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Bruce
Bruce
nelson61 said:
Washington Post

SpaceX has held talks with Boost's parent company EchoStar in recent months about launching its own signature wireless service through a deal with the company, according to two people familiar with the negotiations.
Musk, the SpaceX CEO, has discussed the deal personally, meeting with EchoStar chairman Charlie Ergen last month, according to the people. The potential deal may result in SpaceX acquiring Boost Mobile or SpaceX gaining access to its network, which it leases from AT&T and T-Mobile US, the people said.
Access to those lease agreements would be a coup for SpaceX. The back door would allow Musk to make a play for a U.S. wireless market that equity research firm MoffettNathanson estimates is worth $235 billion. But the proposed service may need consent from those carriers for the service to actually launch, the people said.
Click to expand...
If Musk really wants to buy Boost, he might get a great price once Dish Wireless is out of Chapter 11.

Boost just lost 182,000 subs in the 3rd quarter-

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M
man00
Is Dish like Iran in one way...they both will totally collapse by end of week :)
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Foxbat
Foxbat
Other than the price, my experience with Boost is not that different than what I experienced with my years with Cricket. I will be curious to see what happens if SpaceX takes the reins.
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S
slow_poke_pete
Bruce said:
Again, if so, why would he want Dish/Sling of all the providers?

He could deliver anything without actually owning, for example, watching the Lions game in my Tesla Y on it's screen via the YT app, while on the way to my future in-laws on Sunday.
Click to expand...
dish has new sats dtv does not
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Scott Greczkowski
Scott Greczkowski
Staff member HERE TO HELP YOU! Cutting Edge
Last reply · posted in The Chit Chat Club

Song Name Game Part 3!

Sometimes a thread gets so many posts in it that is can cause issues for the server so that why today we introduce The Song Name Game Part 3!

So let the game continue!

The last song was added by Bobby who posted...

One Meat Ball - Andrews Sisters

CONTINUE ON AND HAVE FUN! WELCOME HOME TO SATELLITEGUYS.US!

Here are the original rules for the game as posted by WebbyDude back in 2006. http://www.satelliteguys.us/threads/68645-Song-Name-Game

Just name a song title and the band who performed it. The next person does the same thing, but needs to list a song title or band name which includes a word from the previous entry. Pick songs from any genre.

Example:

Long Live Rock and Roll -- Rainbow

Rainbow in the Dark -- Dio

Another example:

Ride the Lightning -- Metallica

Lightning Strikes -- Ozzy Osbourne


Get it?


An additional note: we all know that song titles, sometimes, use profane words. Because this is a family friendly website it is advised that you clean up that title up a bit. This is accomplished by using something like sh!t instead of the real word. Thanks....
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gms49ers
gms49ers
Shooz - Styx
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dishstaller
dishstaller
Too Much Time on My Hands - Styx
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sdfntx
sdfntx
Time Has Come Today - The Chambers Brothers
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long_time_Dish
long_time_Dish
No Time - The Guess Who
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H
hwkn
TIME Won't Let Me-The Outsiders
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dishstaller
dishstaller
Pub Member / Supporter Lifetime Supporter
Last reply · posted in The Chit Chat Club

I think we could all use a laugh - Rodney Dangerfield on Carson

Good...simple humor. Enjoy


View: https://www.youtube.com/watch?v=E92AtfTLge4

View: https://www.youtube.com/watch?v=HJy0WnejlF4
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dishstaller
dishstaller
Sorry for posting the wrong link. Just corrected it.
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dfergie
dfergie
I loved it when Rodney was on the Tonight Show...
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Foxbat
Foxbat
dishstaller said:
Sorry for posting the wrong link. Just corrected it.
Click to expand...
Thanks, I wasn't sure if you had the wrong Subject or the wrong YouTube link.
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osu1991
osu1991
Was a Don Rickles fan. I've dvr'd most of his appearances on Carson from the antenna tv replays.

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dishstaller
dishstaller
More Dangerfield rapid fire on Carson.


View: https://www.youtube.com/watch?v=scEQFHQHHhU
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dishdude
dishdude
Rodney Dangerfield is great. One of his best one liners - "My wife likes to talk to me during sex, last night she called me from Florida!"

Jackie Gleason is another one of the greats.


View: https://youtu.be/ciUV77AzIB4
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dfergie
dfergie
Staff member HERE TO HELP YOU!
Last reply · posted in Movie Talk

Godzilla Minus Zero


View: https://youtu.be/n-NDYWPXpKg?si=hcI4ueMkFCreZ8Qq
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primestar31
primestar31
dfergie said:

View: https://youtu.be/n-NDYWPXpKg?si=hcI4ueMkFCreZ8Qq
Click to expand...

Wait, didn't this one come out a few years ago? It was all in Japanese. It was also VERY good!

OK, looked it up, that was Godzilla Minus One
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Bruce
Bruce
primestar31 said:
Wait, didn't this one come out a few years ago? It was all in Japanese. It was also VERY good!

OK, looked it up, that was Godzilla Minus One
Click to expand...
At theaters, only in Japanese, on Disc and Netflix, available in English.
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Foxbat
Foxbat
New trailer has dropped:
​
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dishstaller
long_time_Dish
long_time_Dish
Looks good! I'm interested...
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