Comments on: Report: Xyience files for Chapter 11 protection

By: shannon

shannon — Tue, 29 Jan 2008 06:53:46 +0000

Russell Pike & a few others who are in management at Xyience are complete sleeze balls. I cannot tell you how crooked these men are. I am glad all of their poor business decisions caught up with them. It just shows what goes around comes around.

By: dice

dice — Mon, 28 Jan 2008 04:36:08 +0000

Icemuncher says:
“It kind of makes sense to me. Their biggest sponsor, a significant source of income for the UFC, comes into financial problems. If your company made 10% of it’s cash from a single, long-time buyer, you’d probably see if there was anything you could do to help out as well.”

It makes sense to invest in a company that is losing money like crazy because it pays out money in sponserships of which is cannot afford, that are going to you, the investor? I guess we have two different meanings of “making sense”.

Typically companies that receive revenue from advertisers don’t reinvest in those advertisers if the advertisers are suffering financial hardships; especially if the money is just getting recycled back to them. It defeats the whole purpose of being in business, which is to maximize profits (and market share).

Icemuncher says:
“You’ll have to tell me who that is and what he does. I don’t keep up to date with conspiracy theories.”

Apparently you don’t keep up with legitimate stories either. If you don’t know who Russell Pike is then I would refrain from even talking about this story anymore. Read bergeron’s story first and then talk.(and there are numerous other journalists who are now jumping on this bandwagon, just mentioning that in case you think Bergeron is one of those crazy conspiracy theorist).

By: Rich Bergeron

Rich Bergeron — Fri, 25 Jan 2008 04:41:31 +0000

I have been trying to tell everyone all along. I reported over a month ago these guys would go bankrupt. Read all about it on my site:

http://www.unlimitedfightnews.com/xyiencewow.htm

oh, and Russell Pike’s wife went to high school with the Fertittas, not Pike himself.

By: JP

JP — Wed, 23 Jan 2008 21:43:56 +0000

This site blows Sherdog out of the water.

FO>Sherdog

By: Jeremy (not that Jeremy)

Jeremy (not that Jeremy) — Wed, 23 Jan 2008 11:48:22 +0000

There are some extremely unpleasant commenters around here lately.

By: Aaron Crossen

Aaron Crossen — Wed, 23 Jan 2008 07:34:00 +0000

I hate the word amid. You’ll never hear a human being say it speaking extemporaneously.

By: The Gaijin

The Gaijin — Tue, 22 Jan 2008 23:16:55 +0000

If I picked up a book would I learn such academic pursuits as how to point out to them “You’re eating your own shit, how does it taste?”?

Wow, you use big words from the thesaurus – apparently where you’re from that makes you smart in spite of the fact that what you write is complete drivel not to mention it makes absolutely ZERO sense.

If not following your completely irrational babbling makes me an ‘illiterate rube’, I’m perfectly content with that.

By: The Gaijin

The Gaijin — Tue, 22 Jan 2008 22:53:51 +0000

“You’ll have to tell me who that is and what he does. I don’t keep up to date with conspiracy theories.”

Uhhh, that would be the FOUNDER of Xyience. Maybe you should read up on things before just making comments off the cuff?

By: IceMuncher

IceMuncher — Tue, 22 Jan 2008 22:44:09 +0000

“IceMuncher— One also has to take into consideration the fact that Russell Pike is another one of Lorenzo Fertitta’s high school friends.”

You’ll have to tell me who that is and what he does. I don’t keep up to date with conspiracy theories.

By: IceMuncher

IceMuncher — Tue, 22 Jan 2008 22:42:27 +0000

“I think the question hints at the possibility of money laundering (which traditionally involves shifting money between several parties back and forth in order to ‘remove the stench’ of bad money) being a factor. Whether or not that is true, it certainly does raise red flags (since traditionally a company does not reinvest into the sponsor which is supposed to be investing into them in return for advertising space on the program).”

#1 – They left a paper trail using their own names and not an associate or company of theirs. If they were laundering money they were irrationally stupid.

#2 – They own gaming casinos. That’s the easiest business in the world to launder money with, and a hell of a lot easier than investing in an outside company in financial woes.