Sirius is considering issuing stock to help raise the funds required to repay $1.05 billion of debt that matures next year. I would think the company would prefer to refinance the debt, but the market may not be all that receptive to that. They are also considering a reverse stock split (anywhere from 1:10 to 1:50) to help Sirius keep its NASDAQ listing. The reverse split would push the stock back over $1 per share. In the meantime, hopefully, Sirius will be doing things to help improve their cash flow.