The Indy 500 is coming up!

Indy 500 is coming in just over 40 some odd days. I have had a whole year, to think about this wonderful race. The fans the come from all over the world, and experience the feelings of such a great experience for everyone. Now to be sure of what is to come here in Indiana, during these next few days of preparation for the biggest race in the world. Looking forward to the new motors; and new design of these race powerful cars. I remember the Jim Hall experience in the late 1970’s early 1980’s. What a great effective new design for this open wheel motor sports concept. Jim Hall and his team of race car designers in MIDLAND, TEXAS; had a vision, and that forever changed the face of Indy Car racing. Now we look to the best race on the planet this year, and the design plus the look is so great. I see that we will have a great month of May this 2012. I can’t see the future in all aspects in racing, the balance of safety. The heads of the racing world here in Indianapolis have thought of safety in a major way. I look to a great race this year. Yes; my friends it is always time to talk about the Indianapolis 500 Mile race!
Jim Gandolf

Starco Impex, Inc. d/b/a Wholesale Outlet Awarded $988,002 Jury Verdict Against Katalyst Beverage Corporation in Regards to Sippin Syrup®; Final Judgm

BEAUMONT, Texas--(BUSINESS WIRE)--Starco Impex d/b/a Wholesale Outlet announced that it was awarded $988,002 by a Dallas County jury on March 2, 2012, on its counterclaim for breach of contract against Katalyst Beverage Corporation, the manufacturers of Sippin Syrup®. After inclusion of stipulated attorneys’ fees, pre-judgment interest, and court costs, the Final Judgment entered on that verdict is expected to be in excess of $1,100,000.


“While it is unfortunate that Katalyst did not choose to live up to its contractual obligations, we look forward to being made whole through collection of the Judgment.”
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The jury verdict came after a four-day trial in which the jury heard evidence regarding Katalyst Beverage Corporation’s termination of its Master Distribution agreement with Starco Impex after only one year of its contractual three-year term. Although Katalyst Beverage had filed the Dallas County lawsuit and made numerous allegations in an attempt to justify the termination, the jury completely rejected all of Katalyst’s claims. Then, the jury found for Starco Impex on its counterclaim and made the award of $988,002 in lost profits pertaining to the remainder of the contract period. The jury heard from numerous witnesses in the trial including two of Katalyst’s principals, Ron Urban and Gino Ciaschetti.

“We are very pleased that the jury found the facts to be as they are – Starco fully lived up to its obligations under the Master Distributor Agreement, and in fact was an essential part of the greatly increased sales of Sippin Syrup® that took place during the time that Starco acted as Master Distributor,” stated M. Tahir Javed, principal of Starco Impex. “While it is unfortunate that Katalyst did not choose to live up to its contractual obligations, we look forward to being made whole through collection of the Judgment.”

The jury’s verdict was 11-1 and was issued in Cause Number DC-10-11012-K in the 192nd Judicial District Court of Dallas County, Texas.

Starco Impex was represented at trial by John Werner and Tom Kiehnhoff with the law firm of Reaud, Morgan & Quinn, LLP in Beaumont, Texas. Persons seeking publicly-available information about the trial can contact Reaud, Morgan & Quinn, LLP at 409-838-1000.

About Starco Impex, Inc. d/b/a Wholesale Outlet

Starco Impex, Inc., d/b/a Wholesale Outlet has been in business for over 20 years and has been a successful master distributor for several products that have become household names such as Kickback and Relax, Royal Smoke electronic cigarettes, Millennium Filtered Cigars and Enzyte male enhancement. Starco Impex not only prides itself on its vast array of general merchandise commonly found in convenience stores throughout the nation, but it also stays true on its promise to successfully launch new and innovative products within the convenience store industry.