I voted for Jeff smith and the other 3 he brought on. I voted against the rest of the board.
As long as nothing is improper I voted for Pricewaterhouse
Just to follow up: Only discussions with Stern were mentioned about video on demand.
SXM17 was NOT mentioned at all by anyone.
Yes I did. I'd say there were 30 people there total.
CEO Spoke the whole time.
HE made brief info about company and results then did about 40 minutes of Q & A.
2 people really got on him about the share price. One called him a fraud (He told me later because CEO wasn't giving detailed explanation about what he plans to do to increase share price)
I asked a question about connected vehicle and asked that they separate the results once its profitable.
He basically said he didn't have to do that....but i was trying to make a point that if results are going wall street would want to see that.
Anyways, bottom line, other than seeing CEO face down this two guys who were being a-holes to him, nothing was really learned by attending.
CEO seems very confident this company is going to continue to grow.
My problem is everything thing is in 5 years.
For example, merging XM and Sirius units to free up spectrum. He is waiting on attrition of new cars for this to happen.
Starboard has experience in these proxy fights and would not have jumped in without talking to other big shareholders.
Do any of the board members have Internet Advertising experience?
I think they should add someone with ad selling experience.
WSJ article today 2/22/2016 on Connected Car with Ford Motor CIO
Special Pull out section. Interview with Marcy Klevorn. Sirius stockholder should read some of her thoughts
Does this mean Honda offers it free to their customers?
I read Stephen Faulkner at Seeking Alpha and he puts out a share count article a few times a year. Sirius has bought back a lot of shares, but they need to buy back billions of dollars more.