Sorry, no the 400k bid came in before 48 hours after the last bid. Minax bid at 400k is valid. Thanks.
Not to stick my nose in here but that's what I'm going to do. Seems like you posted a auction with a 24h multiple bidder, 48 hour single bidder timer which means that 24h would be enough time for @lhyroy to have won. Even setting all that aside @lhyroy's 350k bid was Wednesday at 1:59pm EST and @Minax's bid was on Friday at 2:49pm EST so that's 48h + 50 minutes. Either way I think @lhyroy is the winner here at 350k.
My mistake I had the 24/48 rules reversed. I thought it was 24 hrs on one bid and 48 after more than one bid. Sorry for any confusion. Ihyyroy has the winning bid at 350k. Minax bid was just after the 24 hrs.