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You're advising I sell $XERI, sir?
XERI 3RD Quarter Report due out anytime, between now, and Monday.
Do you still own stock in this POS? Are you underwater and continue to hold? If none of this applies then I guess you heeded the warnings.
TIC TOC
Thanks for the caring BS. What am I not heeding, sir?
Doesn't matter how loud the siren is, how many DANGER signs are put up, or the 24 hr news saying to evacuate when a hurricane is coming. Sometimes you just can't help PPL who won't heed the WARNINGS and they pay the PRICE for it.
TIME LEFT FOR THIS POS IS SHORT
YOU HAVE BEEN WARNED
TIC TOC
"Don't really care who listens" suggests it's all about the barking. As top dawg the loudest. eFin' annoying.
nuttinn' about xeriant.
A second 100K share purchase, yet, the Ask/Size remains the same.
Been warning you of the SCAM XERI is for almost 2 years. Been warning you that XERI will NEVER see any XTI stock also. Don't really care who listens to the message BUT the warning was sounded.
YES YOU WERE WARNED
TIC TOC
You have posted that before maybe one of these times you will be right but not his year
Good Tuesday morning. XERI had a 100K share purchase, coming out the gate. XERI... $$$$$$$$.. LONG!!
LOLOLOLOL...SAYS THE PERSON THAT THINKS THIS IS A "GOOD" STOCK.
TOTALLY SPOT ON. NOT JUST MY "INTERPRETATION". IT'S EXACTLY COMING FROM SEC FILINGS.....
The big problem is nobody wants to POS
That's what I just said. To agree and disagree concurrently is off.
'I have been warned', LOL, about what's agreed to about possibility that Auctus may want to sell small tranches over a year to year and a half and have no problem doing.
That's the spirit....
Some brave people went down with the Titanic. Think the crew sucked and there wasn't enough life boats as well that caused their demise though....GL with that
TIC TOC 10-Q coming soon
I wonder what the pps will be by the time we start seeing some deals come in, if we see deals come in. A lot of volume under .025, so i expect it under .01 by mid summer at this rate.
I'm not selling one single share! XERI... $$$$$$$$.. LONG!!
Good Monday morning... XERI LONG!!
No Default! XERI... $$$$$$$$.. LONG!!
LOLOLOLOL....100% DEFAULT!!!
DID THEY UPLIST UNDER CONDITIONS OF LOAN?
DID THEY CLOSE xti DEAL UNDER CONDITIONS OF LOAN?
ANSWER IS NO ON BOTH. HENCE, THEY NOW MUST PAY 10M DUE TO NOT MEETINGS THEIR OBLIGATIONS OF LOAN. DID THEY OR ARE THEY PAYING BACK THE $ OWED? ANSWER IS NO THEY ARE NOT...
SINCE THEY CAN'T PAY LOAN, THEN THEY LOSE ALL ASSETS AND SHARES....THIS POS SCAM RUN BY LYING GRIFTERS IS DONE
The only death spiral will be the ones in which conspiracy theories are killed off by the success of NexBoards and XTI.
There will be no default confirmed in the next 10-Q, because there was no default.
Sorry, totally incorrect interpretation.
It will take time to unload 500 million shares and that's if the SP stays @ .02. Lets say they dump 1 mil per day. We have seen how just that much dilution affects the price. I'm not talking about the 1 mil volume days where they were flipping. That means 50 straight weeks every day and only IF the SP holds. LOL So as the price falls the dilution will increase and time gets extended. It's called a death spiral and I believe it's to late to stop it's occurrence.
YOU HAVE BEEN WARNED
TIC TOC
Maybe Auctus doesn't mind taking its sweet little time, let's say over a year or two? That would be a smart trickle. They wouldn't turn down perpetual daily publicly made LONG arguments and persuasions either, as crazy and repetitive and illogical they are.
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Exactly! Good job. Now, what's-a-little IP theft got-to-do-with anything?
Now that's a good argument. Well rounded, a full consideration.
Not the points I've made, but a persuasive argument.
Unlike in the past. Well done.
.
I'm NOT hoping for that at all. I don't have to because this SCAM was NEVER meant to be a successful company to start with. I've said before that the real money was in the offering Duffy was working on when the market was HOT. These investors would have found themselves in the same position F&F are in NOW. Only difference is it would happened sooner and there be a whole lot more PPL underwater.
Now less than 10 days til the DEFAULT that happened on March 15th will be confirmed in the next 10-Q. IF no 8-K with an extension is filed before then XERI will tank as normal retail sell. Until most of F&F realize they have been SCAMMED this will have a some life since they hold a majority of free shares. OH that is UNTIL AUCTUS cashes out their shares for $10 mil DEFAULT payment.
BTW $10 mil/.02 = 500 million shares so F&F won't be able to get out quick enough. FACT
TIME IS SHORT
TIC TOC
FYI...THIS POS SCAM IS AND HAS BEEN A FAILURE FOR A LONG TIME NOW.
Let's see if I'm understanding this correctly. These jokers after hyping how great the Movychem deal and special fire chemicals were are how trying to make these SCAMBOARDS themselves without the special fire chems after blaming Movy for not being able to make them???
What sense does that make and what idiots ACTUALLY believe that BULLSHIT...
TOTAL POS SCAM RUN BY LYING GRIFTERS
To those who are lhoping for XERI to fail...don't get your hopes up.
To those who are hoping for good news...don't give up hope.
That won't be a problem since the reason for the DEFAULT was spelled out in the original agreement AND Duffy already agreed not to contest. So a Stipulated Judgement will be forth coming to confirm the DEFAULT.
What is the difference between a judgment and a stipulated judgment?
A stipulated judgment has similar effects as a regular judgment, but the main difference is the debtor agrees to gives up essential rights: The debt collector isn't required to prove you're responsible for the alleged debt. You give up any defenses you can use against the creditor, such as the statute of limitations.Dec 30, 2022
https://www.solosuit.com/posts/before-signing-stipulated-judgment#:~:text=A%20stipulated%20judgment%20has%20similar,as%20the%20statute%20of%20limitations
4.6 Governing Law; Venue; Attorney’s Fees. This Note shall be governed by and construed in accordance with the laws of the State of Nevada without regard to principles of conflicts of laws. Any action brought by either party against the other concerning the transactions contemplated by this Note or any other agreement, certificate, instrument or document contemplated hereby shall be brought only in the state courts located in the Commonwealth of Massachusetts or federal courts located in the Commonwealth of Massachusetts. The Borrower hereby irrevocably waives any objection to jurisdiction and venue of any action instituted hereunder and shall not assert any defense based on lack of jurisdiction or venue or based upon forum non conveniens. THE BORROWER HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE, AND AGREES NOT TO REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN CONNECTION WITH OR ARISING OUT OF THIS NOTE OR ANY TRANSACTIONS CONTEMPLATED HEREBY.
https://www.sec.gov/Archives/edgar/data/1481504/000147793221007820/xeri_ex41.htm
TIC TOC
NOT THIS BROKE POS SCAM RUN BY LYING GRIFTERS WITH F- CREDIT RATING....
Again, I believe they will come as a package. XERI... $$$$$$$$.. LONG!!
So what does XERI get IF the XTI JV is NEVER terminated. XTI is a 11 year old company that has tried to gain financing to become a public company before. XERI won't last another year. I'm sure they KNEW the dangers of dealing with TOXIC LENDERS like AUCTUS. I don't believe XTI would ever endanger their reputation and their stock in such a way. The redacted Exhibit D is the missing part of this puzzle. Why do you think Duffy hasn't went after an asset like that already?? Would this not give XERI some credibility?? I don't think XERI or Auctus who own's XERI now ever sees any XTI stock.
TIC TOC
KEEP IN MIND: THERE IS NO DEFAULT WITHOUT A JUDGEMENT OF DEFAULT.
Good point. Except that quarterly reports tend to be backward-looking -- except for occasional updates to on-going matters. The more interesting info will likely come from the PR(s) and amendments to the S-1.
Public companies have all sorts of ways to raise capital when they can point to impending mega-projects designed to generate significant near-term revenue.
The March 15th DEFAULT to Auctus will clearly be spelled out IF an 8-K doesn't come out first showing a NEGOTIATED time extension. Some LAME BS in the 10-Q trying to explain won't count. NOT what a 10-Q or S-1 is for... Please start another countdown for the next 10-Q and to the confirmed demise of XERI!!!!!!
KEEP GUESSING INSTEAD OF UNDERSTANDING THE FILINGS
TIC TOC
XERI's Quarterly report is due out soon. My guess, it will come in conjunction with another S1/Amendment, and a Press Release. XERI... $$$$$$$$.. LONG!!
"Subject to available capital." They are in debt, what available capital do they think they're going to have? Are they selling off shares to obtain this capital? Are they getting more loans?
Should XTI and Xeriant determine it is in their best interest to terminate the XTI JV, then it will be dissolved. Should the XTI JV be dissolved, as of December 31, 2022, Xeriant would receive 5.5% equity ownership of XTI."
If the conspiracy theorists are to be believed, XERI is in cahoots with NNC, TMF, XTI, Maxim and God-knows-who-else, in some complicated, convoluted scheme to defraud investors.
The far more logical explanation is that XERI is doing EXACTLY what it claims to be doing in its recent S-1/A -- and has simply taken longer than expected to achieve its near-term goals as expressed in the introductory summation to its filing:
"A primary focus of our Company is the acquisition and commercial exploitation of eco-friendly, advanced materials and chemicals which have applications across a broad range of industries and the potential to generate significant near-term revenue." As described in that filing, they are currently developing an industrial-scale production method for NexBoard via a partnership with TMF Corporation that will enable them to "unlock existing demand indicated by several homebuilders and developers."
To that end, on March 31, 2023, Xeriant filed "a provisional patent application for a method of producing a unique fire-resistant thermoplastic and fiber composite material which may be formed or shaped into various construction products of different thicknesses and dimensions. This green material will be composed primarily of recycled plastic, cardboard and ecofriendly fire-retardant chemicals, including but not limited to use in walls, ceilings, flooring, framing, siding, roofing, molding, and decking, used in construction. Subject to available capital, we are planning to build manufacturing facilities in the United States for the production of NexBoard in order to meet market demand, or alternatively license the technology and process. We have identified potential sites for near-term contract manufacturing, a pilot plant, and larger manufacturing facilities, received bids for specialized manufacturing equipment, developed timetables related to the action plan, and hired a managing director with decades of experience to oversee the projects."
As per the summary to the S-1/A, another area of interest for Xeriant is "the emerging aviation market called Advanced Air Mobility (AAM), the transition to more efficient, eco-friendly, automated and convenient flight operations enabled by the convergence of technological advancements in design and engineering, composite materials, propulsion systems, battery energy density and manufacturing processes... We plan to partner with and acquire strategic interests in visionary companies that accelerate our mission of commercializing critical breakthrough AAM technologies which enhance performance, increase safety, and enable and support more efficient, autonomous, and sustainable flight operations, including electric and hybrid-electric passenger and cargo transport aircraft capable of vertical takeoff and landing. Our plan to source and acquire strategic interests in leading aerospace companies developing breakthrough VTOL aircraft began in the second quarter of 2021.
Effective May 27, 2021, we entered into a Joint Venture Agreement with XTI Aircraft Company (“XTI”), a privately owned OEM based in Englewood, Colorado for the purpose of completing the preliminary design of XTI’s TriFan 600, a 5-passenger plus pilot, hybrid electric vertical takeoff and landing (eVTOL) fixed-wing aircraft."
Through its joint venture with XTI, XERIANT was "involved in the successful completion of the preliminary design of their TriFan 600 eVTOL aircraft. The TriFan 600 is being designed to become the fastest, longest-range VTOL aircraft in the world and the first commercial fixed-wing VTOL airplane, with current pre-orders of approximately $7 billion in gross revenue upon delivery of those aircraft."
"While the purpose of the XTI JV has been achieved, XTI and Xeriant continue to see value in the XTI JV for future collaboration in Advanced Ari Mobility. Should XTI and Xeriant determine it is in their best interest to terminate the XTI JV, then it will be dissolved. Should the XTI JV be dissolved, as of December 31, 2022, Xeriant would receive 5.5% equity ownership of XTI."
That's funny.
Read the past financials. Duffy is lying his way into an indictment.
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You may be right about the 10-Q and the 8-K...but not about the SP. If TMF Corp. can, in fact, apply its proven production expertise in combining plastic with fire-retardants, then NexBoard could well be on its way to a huge commercial success -- with NNC and a host of large home builders and developers signing 9-figure sales contracts with XERI.
LAME BS
TIC TOC
Retacell is an ingredient that helps protect OTHER THINGS against fire! It was never intended to be used alone -- and is basically useless commercially unless it can be cost-effectively integrated WITH OTHER INGREDIENTS TO CREATE FIRE-RESISTANT PRODUCTS like NexBoards! That's why it was essential that Movychem -- the supposed experts in working with Retacell -- was contractually bound to supply its expertise to develop an industrially-scalable production process for NexBoards!!! Having failed to do so, it essentially voided its JV agreement!
I don't think Auctus is going to let this go on much longer. Duffy can't get the SP to move anymore. That $10 mil is calling their name.
TIC TOC
They'll just say they're in negotiations, same as S-1/A.
We will know when the next 10-Q comes out. If NO 8-K with another extension comes out before then we are less than 2 weeks away from finding out just how many DEFAULTS XERI HAS. Expect the SP to reflect that as that date nears. When that happens how fast will F&F along with anybody with any common sense jump ship. Not looking good for XERI, countdown is on.
YOU HAVE BEEN WARNED
TIC TOC
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