XYNH and Shareholders Prevail as Judge Imposes Injunction Against Fired CEO Marc Walther

MIAMI, Aug. 31 /PRNewswire-FirstCall/ - Xynergy Holdings, Inc., (XYNH.PK) announced today that a Florida State Court Judge in Miami, Florida on March 9th granted an emergency injunction against fired CEO Marc Walther, enjoining him from acting on behalf of the company as an officer and director or making representations to this effect. In the order, the judge ruled that Walther likely would cause irreparable harm to the Company if the injunction was not entered. Walther was fired for cause from both Hydrogenetics, Inc. and Xynergy Holdings, Inc., but refused to step down from the Companies. The Company is still pursuing damages in Miami-Dade County Florida Circuit Court Against fired CEO Walther for Breach of Fiduciary Duty and intends to seek damages and other relief based on the claim that he fraudulently and improperly issued a massive number of Preferred Shares to himself and a personal friend, Rhonda Windsor, after he was terminated by a majority of the shareholders for cause. The Company deems the preferred shares that were issued by Walther in an attempt to gain control of the Company to be void for the failure of Walther to comply with applicable law. The Company is exploring additional claims related to his acting wrongfully as CEO after being fired.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 a...
Click here to read the whole Article (external link)

Xynergy Holdings, Inc. to Hold CEO Broadcast to Refute Inaccurate Rumors

MIAMI, FL--(Marketwire - 07/16/09) - Xynergy Holdings, Inc. (Pinksheets:XYNH - News) will host a broadcast shortly to inform the public and its shareholders of its current objectives and focus; as well as to reassure shareholders of the health and well being of the company. The CEO broadcast date and time will be released in a separate press release. The company wishes to put all of our shareholders at ease. "We are very excited about our opportunities with the recent acquisition of ICCA - International Center of Commerce of The Americas, and look forward to further advances with our R&D of the Hydro X Assist(TM) Technology," says CEO J. Carlos Ley. "Despite recent rumors circulating on the Internet, I would like to assure the public and our shareholders that the company is healthy, excited, and striving toward creating a solid revenue stream and building shareholder equity through our myriad of exciting projects. Recently, we had a problem with our main phone line, resulting in an incorrect recording from the phone company. It has been fixed. We have never ceased operations. On the contrary, we have never been more excited and determined to move forward with our business objectives. We hope this will put an end to all rumors and concerns." 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 H...
Click here to read the whole Article (external link)

Xynergy Holdings, Inc. Announces Acquisition of International Center of Commerce of the Americas (ICCA)

MIAMI, FL--(Marketwire - 07/06/09) - Xynergy Holdings, Inc (Pinksheets:XYNH - News) is pleased to announce that it has acquired ICCA, an emerging global brokerage and consulting firm doing business in Central and South America, and currently brokering a 16.2 Billion Dollar Timber and Lumber deal in Nicaragua. In an effort to expand its scope of business, and build shareholder equity, Xynergy Holdings has been looking toward establishing strategic alliances with companies that are focused on establishing global commerce. As previously stated, Xynergy's CEO, J. Carlos Ley will continue to focus on current R&D projects, such as the Hydro X Assist(TM) Technology, while also taking the company in a new direction; Xynergy's acquisition of ICCA provides the company with such an opportunity."This deal marks a significant shift by Xynergy toward building an international presence," says CEO J. Carlos Ley. "This deal in particular, wherein we can leverage our interests in alternative energy against traditional business transactions like the 16 billion dollar wood extraction and brokerage opportunity in Nicaragua, is exactly how we intend on establishing our footprint in global business." Continues Ley, "We see a lot more than just a commission, we see a business going forward once the wood is extracted and sold."ICCA is a company focused on Global Commerce. They have established brokerage contracts for the exclusive representation and sale of exotic Tropical Hardwoods from Central America into the USA, and Asia with two di...
Click here to read the whole Article (external link)

Xynergy Holdings Set to Apply to U.S. Dept of Energy for Financial Award

MIAMI, FL--(Marketwire - 07/01/09) - Xynergy Holdings, Inc. (Pinksheets:XYNH - News) is proud to announce it has begun the application process for receiving a USDE Financial award for its innovative hydro assist kit and installation project, which the company just announced this past Monday garnered an impressive 87.5% increase in fuel efficiency in its first installation prototype, a 2008 Toyota Yaris. "We have researched, and now believe that our system of installation, combined with Hydro X Assist(TM) Technology warrants consideration for this award," says J Carlos Ley, Xynergy's CEO. "We are starting protocol on even newer vehicles and will hopefully have another prototype installed within the next several weeks." The company believes that installing a system in a traditionally lower mileage yielding, higher technology truck or SUV will demonstrate the effectiveness and ease of its system, so that the government award decision makers realize the uniformity of the machining that makes this system so unique. It is also believed that the company will begin to establish its first service center shortly, though it is not yet a certainty. Says CEO Ley, "That is a distinct possibility, and we will hopefully have more data with the installation of our system in trucks and SUVs."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 t...
Click here to read the whole Article (external link)

Xynergy Holdings Announces Breakthrough Results for Hydro X Assist(TM) Technology

MIAMI, FL--(Marketwire - 06/26/09) - Xynergy Holdings, Inc (Pinksheets:XYNH - News) is pleased to announce that results achieved during its three month Research and Development project involving the company�s Hydro X Assist� Technology and a 2008 Toyota Yaris were impressive, and have surpassed the company�s expectations in terms of gaining fuel efficiency increases. A video demonstrating the installation is now posted on the company website (http://www.xynergyusa.com). The Yaris has a factory MPG listing of 29/36. With the installation of the Hydro X Assist kit in the test vehicle, the tests yielded an amazing 60 average MPG using top off methodology."Needless to say, in light of what appears to be another upward tick in oil prices, our results signify a milestone for hydro assist technologies and consumer vehicles; consumers will have the ability to improve their fuel efficiency even in new vehicles, and more particularly in vehicles that already are considered to be fuel efficient," says CEO J. Carlos Ley. �The consumer will always look to save money on fuel, and this test proves that it can be done.�The Hydro X Assist� Technology and installation process is extremely effective, using distilled water combined with electrolysis to produce hydrogen using only 12 volts. Using water al...
Click here to read the whole Article (external link)

Xynergy Holdings, Inc. Announces New CEO

Expired Yahoo - Document Has Expired/iw/090521/0503811.html Options that might be of interest: Go to the Yahoo! home page. Go to the Yahoo! Finance home page. Go to the Yahoo! Loan Center. Go to the Yahoo! Insurance Center. Other resources: Message Boards - Stock Chat - Finance Clubs ...
Click here to read the whole Article (external link)

XYNERGY CORP Financials

PERIOD ENDING31-Dec-0430-Sep-0330-Jun-0331-Mar-03Total Revenue -   -   -  0  Cost of Revenue -   -   -   -  Gross Profit -   -   -  0  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative205  3  12  6  Non Recurring -   -   -   -  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss(205)(3)(12)(5)Income from Continuing OperationsTotal Other Income/Expenses Net(63) -   -   -  Earnings Before Interest And Taxes(268)(3)(12)(5)Interest Expense36   -   -   -  Income Before Tax(304)(3)(12)(5)Income Tax Expense -   -   -   -  Minority Interest -   -   -   -  Net Income From Continuing Ops(304)(3)(12)(5)Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes -   ...
Click here to read the whole Article (external link)

XYNERGY CORP Files SEC form 8-K, Change in Directors or Principal Officers, Other Events

Show all filings for XYNERGY CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for XYNERGY CORP 3-Feb-2009Change in Directors or Principal Officers, Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purpose...
Click here to read the whole Article (external link)

Xynergy Holdings, Inc. Shareholders Terminate CEO Marc Walther For Cause

Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....
Click here to read the whole Article (external link)