We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Xynergy Holdings Inc (CE) | USOTC:XYNH | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 01:00:00 |
The court on September 25, 2009 entered an order denying Mr. Walther's Motion to Compel Arbitration, granted the Defendant's Motion to Dismiss Count III of the Complaint with leave to amend the claim as it relates to Xynergy which was a claim for breach of fiduciary duty.
In October 2009, Xynergy amended its Complaint and is still seeking damages against Marc Walther for breach of fiduciary duty, and declaratory relief claiming that the issuance of preferred shares issued by Walther was illegal and/or improper and that said shares issued to Defendant Rhonda Windsor and Marc Walther should be cancelled.
Defendant Marc Walther again moved to dismiss Plaintiff's declaratory relief count, and breach of fiduciary duty against Marc Walther. The court has not yet ruled on the Motion to Dismiss. A hearing will be set shortly on the Motion to Dismiss.
The parties are currently involved in pretrial discovery process; no trial date has yet been set.
About Xynergy Holdings, Inc.
Xynergy Holdings, Inc. is committed to meeting the world's growing energy needs while also promoting environmentally conscious business practices and sustainability. Their focus is on promoting global commerce within the realm of a global economy.
Safe Harbor Disclosure:
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Contact: Xynergy Holdings, Inc. Amber Rice 305-819-0453
1 Year Xynergy (CE) Chart |
1 Month Xynergy (CE) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions