LEAVING LAS VEGAS

[mpinpage] THE XYIENCE SAGA CONTINUES By: Rich Bergeron From my window-seat vantage point on my under-booked flight back to Boston from Sunny Vegas last Tuesday morning, I counted 15 towering cranes in the skyline of the famous strip. As the economy sours, so too do the big crowds and floods of tourists once willing and […]

Fertitta Enterprises, the Fertitta Brothers, PRIDE, Zuffa, and Xyience: Inside the pattern of fraud

[mpinpage] Xyience, Incorporated completed a sale of the company recently (see April Fools Day Sale article) through bankruptcy court, leaving creditors and investors looking elsewhere to lay the blame for the damages done to them. Fertitta Enterprises may be the first in line to face the throng of disappointed and devastated folks left in […]

XYIENCE SALE APPROVED IN BANKRUPTCY COURT

LAS VEGAS REVIEW JOURNAL REPORTS ON $15 MILLION XYIENCE PURCHASE Comments by: Rich Bergeron [mpinpage] Manchester Consolidated Corporation, an investment group consisting of just 4 employees, managed to gain approval to buy Xyience on April Fools Day, but the fat lady is not singing just yet. Emerging details regarding the principals, the sale negotiations, […]

XYIENCE BANKRUPTCY CRUISES TOWARD APRIL FOOLS DAY AUCTION

By: Rich Bergeron One of the greatest lessons a writer can ever learn is that fact is stranger than fiction. It’s one of the hallmark themes of the hit movie No Country For Old Men and a reality that is overwhelmingly supported by the ongoing scandal regarding Xyience, Zuffa, and Fertitta Enterprises. Some new developments […]

XYIENCE ASSIGNS THIRD LAW FIRM TO CASE AGAINST RICH BERGERON

[mpinpage] I got this message from the THIRD Xyience lawyer today: Mr. Bergeron: On January 18, 2008, Xyience filed a voluntary Chapter 11 petition in the United States Bankruptcy Court, District of Nevada, No. BK-S-08-10474-MKN (“Bankruptcy Case”). This firm, Fennemore Craig, P.C. (“Fennemore”), is Xyience’s reorganization counsel in the Bankruptcy Case. On February 25, […]

XYIENCE CO-CEOS ADAM FRANK AND KIRK SANFORD RESIGN FROM BOARD OF DIRECTORS AS THE COMPANY PREPARES FOR A SALE

[mpinpage] CEOS BAIL OUT WHILE CORNER OFFICE MANAGEMENT GETS TO COLLECT ON THEIR SIX-FIGURE SALARIES By: Rich Bergeron Even while the company is steamrolling through bankruptcy with the help of more capital infusions from Fertitta Enterprises to facilitate exploration of the company’s sale, recent court filings from Xyience indicate that the latest casualties include […]

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