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XYIENCE SALE APPROVED IN BANKRUPTCY COURT

Posted on | April 3, 2008 | 2 Comments

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LAS VEGAS REVIEW JOURNAL REPORTS ON $15 MILLION XYIENCE PURCHASE

Comments by: Rich Bergeron

 

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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, pertinent new and past litigation involving the players, and a host of other major issues will soon be revealed.

Many of the victims of this unfortunate situation might be shaking their heads and taking the woe is me approach to this sale, but it’s important to remember that the sale of the company does not eliminate all culpability. Pandora’s Box has been opened, and it’s still producing incredible new information on a daily basis that may eventually lead to RICO Act proceedings against some of the pertinent players.

Over the next few days I will provide new updates. There is a tremendous amount of new facts emerging, and I’ve acquired multiple court documents I’ll be posting here soon, too. Though Xyience and those who have maliciously bankrupted the company to enrich themselves may feel victorious now, they will be singing a different tune when all is said and done. Some of them may even be singing it behind bars.

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