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If even a FRACTION of the complaints against XTI are true...for shame!
Regarding the Lawsuit, if all the counts against XTI Aircraft Company are true... For shame!!!
GARBAGE COMPANY FULL OF LYING GRIFTERS SCAMMING NAIVE RETAIL!!!
There are 3 parts to XERIANT's complaint against XTI...https://www.reddit.com/r/XERI/ Definitely worth reading!
LOLOLOLOL...."REAL PAIN". COMING FROM LYING GRIFTERS. JUDGE WILL THROW OUT THIS BULLSHIT CASE THE SECOND IT COMES UP. STUPID LAWYER FOR xeri DOESN'T EVEN KNOW HOW TO FILE CASE AS ERRORS FOR PUTTING DEFENDANTS IN ALL CAPS(MY FAVORITE) IS WRONG. HOW DUMB IS THAT....MUST BE A REAL MAMALUKE!!!
I suggest XTI honor their agreements with Xeriant, Inc. And do it quickly before real pain enters here.
IMHO GLTA!
Read the filings. MULTIPLE ERRORS, xeri Attorney is an IDIOT!!!
https://dockets.justia.com/docket/new-york/nysdce/1:2023cv10656/611598
PATHETIC PUMPING FOOL....
they(LYING GRIFTERS) DON'T HAVE A SNOWBALLS CHANCE IN HELL TO GET ANYTHING AS they DON'T HAVE A CASE...
AIN'T KARMA A BITCH...
FULL TEXT OF XERIANT'S $500 MILLION LAWSUIT / COMPLAINT AGAINST XTI! (https://www.reddit.com/r/XERI/comments/18ehg91/xeriants_36page_complaint_against_xti_full_text/ (Part 1 of 2)
PUMPING FOOL...xeriant IS NOTHING BUT A POS SCAM RUN BY LYING GRIFTERS!!!
you're GONNA LOSE ALL your $...
It looks like XTI Aircraft, and Inpixon just threw a wrench in their works. Let's see what happens tomorrow. This is good news for Xeriant (XERI).
XERIANT is suing XTI for breach of contract, presumably regarding the IP for the TriFan 600! I don't see how INPX investors can vote on the merger while this is hanging over XTI's head. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173380287
Inpixon (INPX) filed Form 10-Q.
Deadline to file... Unless they file a NT 10-Q (Five day extension).
Tomorrow is the last day of the Quarter.
Who in their right mind votes to decrease their holdings?
Like I said, the insiders control the vote. Pretending retail investors have a say is just show.
Agreed. I pray for the best deal.
I agree. Hopefully, it turns around, and runs up a little. I don't know if the investors will go for 1 for 200.
By the time the reverse is voted the PPS could be .02!, @ 200 for 1, thats only a $4.00 PPS. They would have to reverse more. The longer they wait the worse it gets. Just saying....
The vote will be what they want it to be, company insiders have the majority of shares. A 50 for 1 gives them a $3.00 PPS, that won't keep them in the NAZ. A 200 for 1 gives them a $12.00 PPS that will support the NAZ listing and a whole lot of managerial dumping.
Remember, the 1 for 200 is still subject to the stockholders approval. They still have to vote on it.
NOTICE OF SPECIAL MEETING IN LIEU OF 2023 ANNUAL MEETING OF STOCKHOLDERS
TO BE HELD ON DECEMBER [ ], 2023
7. To consider and vote on an increase in the reverse split ratio previously approved by the stockholders of Inpixon at the special meeting of Inpixon stockholders held on September 29, 2023, from a ratio of 1-for-2 to 1-for-50 to a ratio of 1-for-2 to 1-for-200 (the “Reverse Split Ratio Proposal” or “Proposal No. 7”);
https://www.sec.gov/ix?doc=/Archives/edgar/data/1529113/000121390023084418/fs42023a2_inpixon.htm
Thank you. I guess I will have to read the filing in it's entirety.
88, the latest filing added 1 for 200. A 1 for 50 will not be enough.
When the investors voted, they only authorized between 1 for 2, and 1 for 50.
I didn't say I would buy any, Most likely I'll abstaine. How well will XERI do?
Good luck with that.
XTI has a lot of pre orders, being a NAZ co. Gives them better access to cash. It may work out, this could turn out to be a decent buy.
See any similarities with these mergers outside of what they were started as??
Maybe they should look at NNC and their African building project... LOLOL
What does the company INPX do?
Inpixon is an Indoor Intelligence company focused on delivering actionable insights for people, places and things
https://www.reuters.com/markets/companies/INPX.O/#:~:text=Inpixon%20is%20an%20Indoor%20Intelligence,Indoor%20Intelligence%2C%20Shoom%20and%20SAVES.
200 will be the number, imagine the dumping that will take place emedialy following the reverse. INPX is the king or Queen of dilution.
I would expect the highside just to keep them above the NASDAQ minimum SP requirement longer.
The Inpixon Reverse Stock Split, at a ratio of 1-for-2 to 1-for-50, has been approved by Inpixon’s stockholders. We are seeking approval from Inpixon stockholders to increase the maximum reverse split ratio from 1-for-50 to 1-for-200 at the Inpixon special meeting.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1529113/000121390023084418/fs42023a2_inpixon.htm
The REVERSE will more than likely be 200 for 1, that gets them a $14.00 valuation.
The S-4/A is about 300 pages.
All that information is on S-4/A.
Is Reverse Split on radar before merger and if yes whats the ratio..
Did you read it???
Do you know what was changed/added???
XTI has nothing anyway. INPX put some effort into it. Too bad XTI's reputation was already tarnished. Dealing with Duffy didn't help. LOLOLOL
I don't see any merger happening. OBVIOUS DILUTION SCAM RUN BY LYING GRIFTERS SCAMMING NAIVE RETAIL.
xti address is a hanger at a small airport. CAN'T build shit there...
Maybe they're trying to build this SCAM evtol out of their garage??? Or just on a computer....
A REAL company would show their progress....
Look at the dumping tanking this POS to new LOWS. I really wonder if the XTI merger goes through. Didn't make the pop that INPX was hoping for. Imagine that. LOLOLOLOL
LOLOLOLOL....DID you READ IT???
they INCREASED THE OS BY 14M.
THAT'S NEVER A GOOD THING AS IT ALWAYS MEANS MORE DILUTION....
There was NO VOTE Oct 24. Just a Day of record.Haven't announced the voting day. Trust me I'm waiting to see what happens also. You NEVER know the merger could be voted down. LOLOLOLOL
Inpixon has established October 24, 2023, as the record date for stockholders entitled to vote for the XTI Transaction at the special meeting, in lieu of the 2023 annual meeting of shareholders of Inpixon.3 days ago
.inpixon.com/company/news/inpixon-announces-planned-spin-off-and-merger-of-saves-uk-business-with-damon-motors-inc#:~:text=Inpixon%20has%20established%20October%2024,meeting%20of%20shareholders%20of%20Inpixon.
Any news on today's merger vote?
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