FightLine.com FightLine.com FightLine.com

Poll
Which fight are you most excited about at UFC 92?
   Griffin - Evans
   Wanderlei - Rampage
   Mir - Nogueira
   Undecided



<<  Prev Headline  |   Headlines   |  Next Headline  >> Email Updates Email Updates    Email Story Email Story    Print Story Print Story
Xyience Files For Bankruptcy



Xyience Files For Bankruptcy
The following is provided courtesy of Las Vegas Review Journal:

Xyience Inc., the energy drink company headquartered at 4572 Hacienda Ave., reported $42.3 million in liabilities and $5.3 million in assets. Xyience sells its energy drink through 230 convenience and grocery stores, mostly in the Southwest.

The voluntary bankruptcy petition, filed on Friday, follows an involuntary petition that was filed Jan. 3 by founder and former CEO Russell Pike and others. The involuntary petition remains pending.

Frank and Lorenzo Fertitta, members of the family that founded Station Casinos, own UFC. They also are creditors of Xyience with $12.5 million in unsecured claims and $5.3 million in secured claims, according to the bankruptcy filing. Attempts to reach the Fertittas on Monday were unsuccessful.

To read the rest of this article, click here.

AddThis Social Bookmark Button




<<  Prev Headline  |   Headlines   |  Next Headline  >> Email Updates Email Updates    Email Story Email Story    Print Story Print Story