Comments on: Sirius Shareholders Pass Reverse Split, Additional Shares http://digitaldaily.allthingsd.com/20081218/sirius-shareholders-pass-reverse-split-additional-shares/ by John Paczkowski Sat, 11 Feb 2012 19:03:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Approve a Massive Stock Dilution? Surely, You Can’t Be Serious…. I Am Sirius, and Stop Calling Me Shirley. | John Paczkowski | Digital Daily | AllThingsD http://digitaldaily.allthingsd.com/20081218/sirius-shareholders-pass-reverse-split-additional-shares/comment-page-1/#comment-3965 Approve a Massive Stock Dilution? Surely, You Can’t Be Serious…. I Am Sirius, and Stop Calling Me Shirley. | John Paczkowski | Digital Daily | AllThingsD Fri, 19 Dec 2008 17:12:10 +0000 http://digitaldaily.allthingsd.com/?p=9971#comment-3965 [...] Sirius XM’s annual meeting Thursday, shareholders approved a reverse stock split plan that empowers the board to split common Sirius shares by a 1-for-10 to 1-for-50 ratio by end of [...] [...] Sirius XM’s annual meeting Thursday, shareholders approved a reverse stock split plan that empowers the board to split common Sirius shares by a 1-for-10 to 1-for-50 ratio by end of [...]

]]> By: Approve a Massive Stock Dilution? Surely, You Can’t Be Serious. … I Am Sirius, and Stop Calling Me Shirley. | John Paczkowski | Digital Daily | AllThingsD http://digitaldaily.allthingsd.com/20081218/sirius-shareholders-pass-reverse-split-additional-shares/comment-page-1/#comment-3963 Approve a Massive Stock Dilution? Surely, You Can’t Be Serious. … I Am Sirius, and Stop Calling Me Shirley. | John Paczkowski | Digital Daily | AllThingsD Fri, 19 Dec 2008 17:04:32 +0000 http://digitaldaily.allthingsd.com/?p=9971#comment-3963 [...] Sirius XM’s annual meeting Thursday, shareholders approved a reverse stock split plan that empowers the board to split common Sirius shares by a 1-for-10 to 1-for-50 ratio by end of [...] [...] Sirius XM’s annual meeting Thursday, shareholders approved a reverse stock split plan that empowers the board to split common Sirius shares by a 1-for-10 to 1-for-50 ratio by end of [...]

]]> By: Jeff Stevens http://digitaldaily.allthingsd.com/20081218/sirius-shareholders-pass-reverse-split-additional-shares/comment-page-1/#comment-3951 Jeff Stevens Thu, 18 Dec 2008 20:56:24 +0000 http://digitaldaily.allthingsd.com/?p=9971#comment-3951 Individual investors can make noise but they don't have the voting power of Institutions; who in this case voted for the Reverse and Additional Shares prior to the meeting, and the guidance presentation. Otherwise the vote results would not have been announced days from now. Unlike at Yahoo where the institutions worked with management and rejected Microsoft's offer, over the objections of Individuals. Individual investors can make noise but they don’t have the voting power of Institutions; who in this case voted for the Reverse and Additional Shares prior to the meeting, and the guidance presentation. Otherwise the vote results would not have been announced days from now.

Unlike at Yahoo where the institutions worked with management and rejected Microsoft’s offer, over the objections of Individuals.

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