Xynergy Corporation (XYNH)

[sorkasaur]

So if was payable to Mitch Brown:

then that's what he got in lieu of the shares.

The transaction was challenged, that is why Ley posted the bond.

He did not want to complete the deal with him.

Bouttime is right about the opinion letter, he may never get one.

He has a worthless stock cert and the right to keep the bond money if the judge released it for damages.

If my interpretation is correct, its like when you break a real estate deal and the seller gets to keep the deposit for his troubles..