Replies to post #9324 on Xynergy Corporation (XYNH)

[Cuda426]

Wrong. The Judge ordered a injunction bond (this happens a lot of the time) to be provided by the plaintiff, payable to the defendant, for any damages occurred as a result of an improperly obtained temporary injunction.
The plaintiff never progressed with the case to the courts so a FWOP notice was sent out and no response from the party, so the case and injunction were dismissed.

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.