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you're NOT MAKING ANY SENSE AGAIN. GO BACK TO THE DRAWING BOARD AND COME UP WITH SOMETHING BETTER NEXT TIME.
PATHETIC PUMPING MAMALUKE!!!
NOBODY LISTENS TO A KNOWN SHILL...
Appeals aren't granted just because the defendant doesn't like the verdict. They would need a good legal basis, and the SEC's recent victories over toxic lenders haven't been successfully appealed. In other words, Auctus is probably toast -- and will never see collect another penny from XERI as a result of its illegal activities. Not only that, but they will probably have to forfeit any ill-gotten gains (plus damages) when XERI wins its appeal based on the precedent established by SEC's impending victory in court.
Is that the best argument you can come up with? Calling myself "Smartypants" was hardly a boast. Just as calling yourself "Killazilla" wasn't a confession of guilt...Or was it?
LOLOLOLOL...SURE!!!
FOR SOMEONE THAT CALLS themselve "smart". you SURE ARE PRETTY DUMB LETTING yourself GET SCAMMED SOO EASILY BY OBVIOUS LYING GRIFTERS...
SOO SAD!!
Having a live website doesn't mean that that the SEC is allowing them to continue doing business as usual. In fact, they aren't allowed to collect on their debts at lest until the SEC case is over.
DO you REALLY BELIEVE THAT IF AUCTUS WERE DOING ILLEGAL TRANSACTIONS AND SEC "SHUT THEM DOWN", THAT THEIR WEBSITE WOULD BE UP AND ACTIVE AND STILL DOING BUSINESS???
SILLY PATHETIC PUMPING MAMALUKE!!!
https://auctuscapitalinc.com/services/
IF you're TALKING TO ME. I'M NOT SIDING WITH ANYONE. JUST STATING THE FACTS!!!
I DEFINITELY DON'T HAVE ANYTHING GOOD TO SAY ABOUT LYING GRIFTERS SCAMMING NAIVE RETAIL THOUGH!!!
Check wdlf(decentral life, a.k.a social life network). they LOST using basile less than a year ago and had to pay attorney fees
And, once again, I wonder why you appear to be siding with the toxic lenders?
Oh really? Then cite those cases in which there were similar circumstances and the courts ruled that that precedent did not apply.
WRONG!!! EVEN IF SEC WINS. THERE'S APPEALS,, ETC...
ALSO, ONLY THING auctus WOULDN'T BE ABLE TO DO IS CONVERT AT THE HIGHER RATES. THE 6 MILLION DOESN'T DISSAPPEAR....MAMALUKE!!!
WRONG! Should the SEC prove its case against Auctus (which is highly likely), it will make XERI's case against Auctus much stronger -- as it will help establish that XERI was just another victim of Auctus' illegal activities as an unregistered trader / broker.
LOLOLOLOL...
THAT'S DEFINITELY NOT ANY "PRECEDENT" AS MANY CASES AFTER THAT WHERE WON BY THE "TOXIC" DEFENDANTS....
SILLY PATHETIC PUMPING MAMALUKE!!!
OBVIOUSLY WASN'T TALKING ABOUT SEC. THE ONLY LAWSUIT THAT MATTERS IS xeri VS auctus...
FYI: In 2021, a significant precedent was established affirming that toxic lenders could be held accountable for their practices, particularly those that exploit small businesses. Since then, the SEC -- as well as private law firms, like Basile -- have won a number of similar cases.
The U.S. District Court for the Southern District of New York ruled against Ibrahim Almagarby and his company, Microcap Equity Group, LLC, in a case involving alleged deceptive lending practices. The court found that the company had engaged in predatory lending, violating both federal and state laws.. The decision emphasized the importance of transparency and fairness in lending agreements, making it clearer that lenders could face legal repercussions for misleading terms and conditions. This case has been cited in subsequent legal actions as a benchmark for challenging similar predatory practices in the lending industry.
The SEC doesn't use outside law firms like Basile to prosecute its cases against toxic lenders!
1.) As does every law firm.
2.) So they figured out how to direct and cater a case to their clients strongest claim and likelihood to win.
Xeriant chose well.
BTW, basile WAS THE FIRM THAT LOST MANY OF THEM...
Here are the facts: SEC has been actively prosecuting toxic lenders for operating as unregistered brokers or dealers. In recent years, the SEC has seen a notable increase in success with these cases. For instance, the SEC has won judgments in at least four civil cases against convertible note lenders who acted as unregistered dealers1. Additionally, several other cases have either survived motions by the toxic lenders to dismiss or have been settled.
Previously, the SEC faced challenges in these prosecutions due to the complexity of proving that these lenders were acting as dealers under the legal definition. However, a significant change came with a series of rulings that supported the SEC’s stance. One pivotal case was the ruling against Ibrahim Almagarby and his company, Microcap Equity Group, LLC, which set a precedent for future actions2. This ruling, along with others, has clarified the legal boundaries and strengthened the SEC’s position in court2.
The SEC’s recent victories have been bolstered by a clearer legal framework and more robust enforcement strategies, which have helped them successfully argue that these toxic lenders must register as dealers and comply with regulatory requirements.
Oh, really? I heard the SEC has been very successful recently in prosecuting toxic lenders. If you have recent examples of similar cases in which toxic lenders were unsuccessfully prosecuted for illegally operating as an unregistered traders/brokers, please provide details and sources.
TOTAL BULLSHIT!!! I KNOW FOR A FACT MOST ALL THOSE CASES ARE DISMISSED!!! NOT ONLY THAT. THE PLAINTIFFS HAVE TO REIMBURSE THE DEFENDANT/S FOR LEGAL FEES!!!
SILLY PATHETIC PUMPING MAMALUKE!!!
BTW: The courts have determined that toxic lenders which have been proven guilty by the SEC in similar cases must forfeit their illegal profits and cannot even recoup any unpaid loan balances from their borrowers!
Again, you are defending the ability of illegally unregistered brokers to victimize cash poor companies (and their investors) while generating obscene profits -- in violation of State and Federal laws, as clearly described in the SEC's current legal action against Auctus as well as numerous other similar cases. Furthermore, Auctus has probably recouped every penny (and then some) by converting and dumping tens of millions of XERI shares -- in the same manner as the SEC has demonstrated those other cases!
Are you questioning a lender to get SCREWED and never payed back???
SILLY MAMALUKE!!!
Are you seriously questioning the right of a victim of illegal activity by a toxic lender to fight back against its victimizer? I guess that proves which side you're on!
SUCH A MAMALUKE!!!
How dare they recover $ owed...
DUFFY SCAMMED you. GO DEAL WITH THAT. CALL him AND ASK him why he LIED to you, about EVERYTHING!!!
Because XTI had agreed to merge with XERI, which would have allowed them to uplist to NASDAQ at a time when the market was strongly supporting VTOL technologies. However, XTI apparently thought they could get a better deal with a SPAC and backed out the deal...TWICE! So they left XERI stuck with a $6 million toxic loan, even though XERI had funded XTI's development of the TriFan! This was all detailed in XERI's $500 million lawsuit against XTI.
Then why did Duffy take money from them?
Yes! That is the business model of toxic lenders. They try to tank the share price of their borrowers by converting and dumping their shares, often driving them into a death spiral. Look at the SEC's complaint against Auctus!
Crickets from Quester. Again! Seems he cannot-support-his-claims.
We get crickets and his "like I've said for three years" fabrications.
Where's the 8-K, or 10-K or S-1 saying Auctus Note shares have been converted?
The schedule Quester provided shows a schedule, so what. does not show shares issued.
And, LOL, even if Notes shares were issued (his crickets are the evidence this occurred), Quester also hasn't proven these shares were transferred to Auctus. LOL LOL!!
Hey,
Where's the 10-K or even a Quarterly stating cash paid to Xeriant by XTI, as XTI's debt liability obligation to Xeriant?
And, Quester can not locate the real actual XTI audited financials, those audited financials that state tha5 XTI shares were issued to Xeriant?
Quester, the false claims cricket farmer.
.
Dilution Duffy blaming everyone else for taking money from known toxic lenders. What a crook.
Is that what your insider Xeriant, Inc. scam-buddies are manipulating?
you HAVE ABSOLUTELY ZERO KNOWLEDGE OF ANYTHING!!!
LOL @ they "forced" xeri to miss payments
We'll have to wait for XERI's appeal to be made public. But according to the SEC suit, that's exactly Auctus' business model! They basically force companies into missing convertible note payments and then convert and dump millions of shares. Their illegal profits far eclipse the original value of the loans!
Quester 'Like I Stated' will prove it.
PROVE auctus CONVERTED A SINGLE SHARE OTHER THAN INTEREST OWED TO THEM. they CERTAINLY DIDN'T RECOVER A FRACTION OF THE 6 MILLION OWED!!!
Typo, meant *CAN'T PAY BACK, CAUSE they(LYING GRIFTERS) ARE BROKE!!!!
Is that what Duffy told you? Where in the Xeriant financials is this Auctus Note conversion specified and accounted?
Save that post so we can all have a good laugh when XERI gets its financing thanks to that Green Bond Fund.
Of course they did. And Auctus has probably made way more than that from XERI already through its illegal actions as an unregistered broker. And as long as the SEC wins its legal action against Auctus, XERI won't owe Auctus anything more.
Auctus has been converting part of XERI's unpaid loan balance to free-trading shares and then dumping them on the market. Who is implying that they aren't?
OK. So, where's the 8-K saying shares converted?
You're all about an 8-K, right?
Where's the 10-K saying Note shares have been converted?
Where's the S-1 saying Note shares have been converted?
Where's the 8-K saying Auctus Note shares converted?
.
No, they're not. Further, was making distinction that the fire tests require details on composition.
(but you'll pretend you can't read this, so you can continue to pretend your lie is legit)
Can't make up your mind on your fabrications n bullshit?
"If" ?? You don't know?
"If some of this hasn't been payment..." ??
There's NOT enough IDIOTS, with enough $ to support the ENDLESS DILUTION. NO lenders, including TOXIC ones will give these LYING GRIFTERS a penny after DEFAULTING on the 6m auctus loan. Then sued them cause they can pay them back.
This POS SCAM IS OVER!!!
SO, they(LYING GRIFTERS) DIDN'T BORROW 6M?
THAT'S NOT A FACT???
Some may try to imply that Auctus hasn't been receiving shares as payment for the TOXIC loan. There has been OVER A HALF A BILLION SHARES added to the OS in the past 4 years. If some of this hasn't been payment to Auctus this will fall into trips soon.
As of September 30, 2020, the registrant had outstanding 69,584,149 shares of common stock.
https://www.sec.gov/Archives/edgar/data/1481504/000147793220005677/banj_10k.htm
Share Structure
Market Cap Market Cap 10,953,244 09/13/2024
Authorized Shares 5,000,000,000 09/13/2024
Outstanding Shares 570,184,486 09/13/2024
Restricted 219,151,718 09/13/2024
Unrestricted 351,032,768 09/13/2024
Sounds like someone is confusing NEXBOARD's proprietary production PROCESS with the chemical make-up and physical composition of the actual construction panels. They're TWO entirely different things!
Anything else...You mean, like facts?
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