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Jim Bishop

11/28/07 1:32 PM

#158590 RE: SSP #158589

IYXI that could be very important.

"Inyx, Inc. and Inyx USA, together with Dr. Kachkar and his wife, filed suit against
Westernbank in New York State Supreme Court, asserting various causes of
action seeking no less that $500 million in compensatory damages as well as
punitive damages. The complaint charges, among other things, that Westernbank
acted in bad faith and in a commercially unreasonable manner by blocking the
flow of funds from Inyx's customers to the company, and preventing the Inyx
companies from paying their debts. The complaint asserts causes of action for
breach of contract and breach of the implied covenant of good faith and fair
dealing, promissory estoppel, wrongful dishonor of checks, wrongful impairment
of collateral, tortious interference or impairment with prospective business
relations, and third-party beneficiary of contract and tortious interference
with contracts and prospective business relations."

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Stock

11/28/07 1:36 PM

#158593 RE: SSP #158589

How's their aerosol manufacturing revenues been going through all this?
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kewlassht

11/28/07 1:53 PM

#158606 RE: SSP #158589

Wow so does this mean a settlment could be coming soon? even for 10% that would be 50 mil$.

"The Company is currently in the final stage of its previously announced evaluation and review of (i) the Inyx, Inc. credit,"
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bonedaddy77

11/28/07 3:37 PM

#158675 RE: SSP #158589

IYXI...grabbed myself a few...figured I'll roll the dice
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chart_md

12/05/07 10:58 AM

#159768 RE: SSP #158589

** IYXI - so if we haven't heard nothing on Dec.3-4,

does it mean we should see something in the 10-Q?