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No, just JohnDoeADeer2024
Nah, it's both parties well take advantage of the Fed. Only an idiot thinks it one or the other party.
You seem unaware you're posting on a board for everyone to see, read, and respond to.
What's BS about my post? Put up, or shut up. You'll have to stretch beyond your cricket collection.
You post, your talking to everyone. Send a PM if you're so desperate to seek Cckadoodledoo Suckers online in your intent to post reply to a specific poster.
Like I said, idiot.
"The court has already made decisions on this case."
Yes, decisions is not the court settling the case as filed requesting a jury trial.
"Didn't XERI try and stop the merger from happening by having a court mandate. That BS wasn't settled by a jury was it????"
Yes, and the case was not dismissed or settled by the court; Lame lame and illogical comparison. Further, the case can be settled by the parties, by stipulation.
"Has a jury been selected for this case???" LOL. They are both (sides) very very far from trial or jury selection.
"It may still be dismissed."
That's true, only if Xeriant is found by the judge to have insufficient legal claim or legal basis of its complaint, yet XTI Aircraft has requested only partial dismissal if Xeriant's complaint claims. Yet you think the judge will prejudice Xeriant by dismissing what XTI Aircraft is not asking for: brilliant! The other claims will proceed to trial. Discovery will first take quite some time. The parties may settle with each other, yet that is not the judge or the court making any such settling or dismissal decision.
"I have shown in filings that Brody is contesting that a part time CEO had the authority to engage in this transaction with XERI"
No, that's all in your head, and is your special story that you crafted, that you claim as true maybe therefore fact.
"Which explains everything I have addressed with LaBelle trying to fraud XTI."
Ha! No, it hasn't, except in your mind. We all know how you skew and ignore facts. Fact!
"You are yet to address the reason Duffy chose to take this airtight case(LOL) to court instead of following the JV agreement and take advantage of the Arbitration clause."
I have no need to explain your fabrication.
Further, a civil case provides much greater control of an outcome, offers greater reward than any result from arbitration, and is a much stronger move.
Your paranoia, you should just limit it to the maganuts.
.
Hey CS I see you didn't like my post but gave a BS response even though I wasn't talking to you.
If you think your stupid call had any effect on the XERI/TMF relationship, you're even more delusional than I thought you were. Tom Jr probably overpromised and underdelivered, just like Movychem did, The new production expert(s) seem to have delivered, however, based on the success of the last flame test -- and I would expect we'll be hearing more about the certification process in the near future.
Q, there isn't accountability for these CEO's. They should be required to itemize expenses on a monthly basis. Meals, morels, all travel exspenses. They put out these BS 10K's and 10Q's. That are vague and general. Each CEO seems to rewrite the books on disclosures. This personal piggy bank attitude needs change..until this happens the retail investors will continue to enrich insuders. It's BS, IT STINKS.
Q, there isn't accountability for these CEO's. They should be required to itemize expenses on a monthly basis. Meals, morels, all travel exspenses. They put out these BS 10K's and 10Q's. That are vague and general. Each CEO seems to rewrite the books on disclosures. This personal piggy bank attitude needs change..until this happens the retail investors will continue to enrich insuders. It's BS, IT STINKS.
Still no response on how this subsidy of XERI was created without the 8-K explaining this material event. Maybe you should call TMF Corp. yourself. Why do that when YOU already know XERI is a SCAM. I can tell you that XERI didn't use the TMF Corp. name in anymore PRs after that call.
OMG! Now you're taking credit for exposing another supposed scandal, accusing the son of the Founder of TMF of "making some side deal off his dad's company name" based on a minimum amount of information and your infamous "gut feelings."
Is that a whimpering little dog I hear crying in the distance?
Q, that's quite a compelling history lesson. I doubt a single Dem. Will get what you posted. If woopy goldberg said it they would believe it!
Your unAmerican ass needs a history lesson. Dems created the FR to supposedly stabilize the economy. Instead Dems have used it with Gov spending to send a never ending cycle of inflation/recession where the middle class continues to lose ground.
What did Wilson think of his accomplishment???
Famous quote by Woodrow Wilson after signing the Federal Reserve into existence
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." -Woodrow Wilson
https://www.reddit.com/r/Bitcoin/comments/2683ox/famous_quote_by_woodrow_wilson_after_signing_the/
President Woodrow Wilson
December 23, 1913. President Woodrow Wilson signed the Federal Reserve Act in December 1913, culminating three years of discussion and debate over the development of a central bank.
1 Congress passed the Federal Reserve Act to establish economic stability in the U.S. by introducing a central bank to oversee monetary policy.
https://www.investopedia.com/terms/f/1913-federal-reserve-act.asp#:~:text=What%20Is%20the%201913%20Federal,bank%20to%20oversee%20monetary%20policy.
Central banks are an economy-wide monopoly planning apparatus, a core feature of socialism. The fact that they do not plan the entire economy is irrelevant. The fact that a central bank can “coexist” with capitalist institutions like private firms does not make it capitalist.
https://www.google.com/search?q=socialism+Central+Banking&gs_ivs=1#tts=0
BTW did I mention to grow the Federal Gov(SWAMP) to control our economy with mandates and corporate subsidies. We are already more socialist than capitalists. Some are starting to understand that problem.
BlueGreen LLC is a subsidiary created by XERI and TF Jr. is the VP. You never did explain how this BlueGreen subsidiary was created with out an 8-K being filed for it????????There was no real collaboration between TMF and XERI to start with. IMO That was Jr. going off on his own making some side deal off his dad's company name. That ended after my call to the company and exposed his involvement with XERI.
https://www.plasticsengineering.org/2023/08/xeriant-forms-bluegreen-composites-to-make-sustainable-nexboard-building-panel-001568/#!
The court has already made decisions on this case. Didn't XERI try and stop the merger from happening by having a court mandate. That BS wasn't settled by a jury was it????
Has a jury been selected for this case??? It may still be dismissed.
I have shown in filings that Brody is contesting that a part time CEO had the authority to engage in this transaction with XERI. Which explains everything I have addressed with LaBelle trying to fraud XTI.
You are yet to address the reason Duffy chose to take this airtight case(LOL) to court instead of following the JV agreement and take advantage of the Arbitration clause.
"like I didn't say," seems most realistic. crickets......
chirp......
chirp.....
chirp....
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loser covers legal costs, so that same logic fails.
Yeah, and the court will make that decision. LOL. Idiot. The court will decide, not the jury. LOL.
crickets.......
...chirp..... chirp.....
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You obviously spoke to some low-level employee who was out of the loop regarding the status XERI/TMF relationship. TMF was apparently replaced by another company with greater expertise >> https://www.globenewswire.com/news-release/2024/01/31/2821093/0/en/Xeriant-Signs-MOU-with-Innovative-Materials-Processor-for-NEXBOARD.html If so, their contract was probably voided along with that $500,000 in compensation.
I guess that's what this lawsuit will decide.
CEO's have the ability to enter the company into binding contracts.
LMAO! The GOP's economic policies are anti-worker and pro-mega rich. Just look at their tax policies. That's why the major unions are backing the DEMS.
Like I said about the TMF corp. and calling them only to find out nobody seemed to know anything about Xeriant Inc. Then we see that Jr. has now created BlueGreen LLC. and TMF is NO longer in the picture. Which seems to be a very lucrative $1/2 mil deal with XERI. A similar situation could have happened with XTI. This was a company with a BOD that's was well past their prime and maybe not that involved after this many years of trusting their part-time company officials. Who had the motive and opportunity to create this deal without the BODs knowledge.
None of this was agreed too overnight, this went on for months, ample time for the chairman to weigh in.
I guess the courts will have to determine who has the ultimate say in this. I continue to think that if Duffy thought he was in the right he would have used the Arbitration route since the loser covered all costs.
Is Chief Executive higher than chairman?
Since the board chairperson is superior to the CEO, the CEO has to get the board chairperson to approve any significant moves. While the board chairperson has the ultimate power over the CEO, the two typically discuss all issues and effectively co-lead the organization.Jan 2, 2024
https://www.diligent.com/resources/blog/are-ceo-chairman-board-same-person
Key Takeaways. The CEO typically reports to the board of directors, which includes the chairman, in UK firms. The board of directors is responsible for the overall governance of the company. The CEO is in charge of the day-to-day operations of the company.Mar 11, 2024
https://boardroomadvisors.co/ceo-reporting-structure-does-the-ceo-report-to-the-chairman/#:~:text=Key%20Takeaways,day%20operations%20of%20the%20company.
Who is higher than chief executive officer?
In most organizations, the positions above the CEO include Chairman of the Board, President and Vice President. If your company is a start-up, then in some sense, a start up advisor could be seen as also being higher than the CEO.Feb 22, 2024
https://www.jamescole.co/blog/what-is-higher-than-a-ceo-in-an-organization#:~:text=In%20most%20organizations%2C%20the%20positions,being%20higher%20than%20the%20CEO.
XTI is at the bottom of the list of things going on in this company.
What about that persistent annoying $5.4M liability which XTI Aircraft 'everywhere' announces that it owes Xeriant, as XTI Aircraft stock?
Some have said Xeriant will get paid in.... crickets... but that is completely illogical, except to explain ....crickets... as denial interest.
"I've made my case about XTI. If the case is dismissed I doubt if we see anything positive for XERI."
Why would the court settle a jury trial?
Ah, so previously you were solid that Xeriant will get no equity or cash from Xeriant, but somehow you've 'slyly' changed to accept the possibility. Weakness? lol.
"if XERI prospers in any way from XTI be it company equity or a cash settle payment."
Q you check out silver and gold today, nuts. China is injecting billions in the realestate market. I wish our federal reserve would cut housing interest in half. That would boost the banks. We're looking at alot of banks failing if they don't. DEMS....
Q, you ask interesting questions. Tf jr, I have no idea, 500k is concerning. I wish you and Duffy could have a pow wow.
Crickets.... ..... ..... from the Quester.
OMG! The CEO of a company is empowered to enter the company into binding contracts!!!! You are WRONG, WRONG, WRONG...AGAIN!!!!
Crickets... ..... ..... from the Quester.
You want people to specifically address the topic and ideas and claims you raise and have, yet your standard is outright no response, crickets, in reciprocating when clear facts are raised by others. In particular the clear facts that counter or undermine, or leave your explanations high and dry without foundation.
"SO why don't you either interpret what I pasted without maybes or ifs and find something in SEC filings that contradict my most recent hypothesis."
What's up with XERI trading yesterday. Gap-up open at $0.0399. Low $0.0285
Even so if XERI prospers in any way from XTI be it company equity or a cash settle payment there should be an accompanying 8-K filed. I've made my case about XTI. If the case is dismissed I doubt if we see anything positive for XERI.
Are you also confident that Nexboard is close to production as SP claims. Isn't BlueGreen LLC. that company started by TF Jr.? What have they done to get over a $1/2 mil worth of compensation from XERI. Everybody's making out except retail.
Even so if XERI prospers in any way from XTI be it company equity or a cash settle payment there should be an accompanying 8-K filed. I've made my case about XTI. If the case is dismissed I doubt if we see anything positive for XERI.
Are you also confident that Nexboard is close to production as SP claims. Isn't BlueGreen LLC. that company started by TF Jr.? What have they done to get over a $1/2 mil worth of compensation from XERI. Everybody's making out except retail.
Lawyer maneuvering. What seems obvious isn't always the truth. This's a lot of money at stake, in the end it will most likely be settled out of court.
You're right the court will settle this. It seems to be taking a long time and second complaint for such a weak idea. If it was that weak you still haven't addressed why Duffy didn't go with Mediation/Arbitration per JV agreement?????????
Q, it doesn't work like that, Labelle was the final signature/contract sign off. What your suggesting is very weak. That angle will get picked apart in court. I hope that's Brods defense.
I'm sure a man of his background who is out in Denver. Just had to put the word out in the NY area and had plenty to choose from. I would think it took some time to consolidate down to the best team possible.
I think you're right about a high priced legal team. After 35 years of mentoring legal minds his team might be just giving back.
Since all I do according to you is misinterpret what I copy and paste. I try not to objectively read between the lines. I will admit a lot of Duffy's BS is open to interpretation. SO why don't you either interpret what I pasted without maybes or ifs and find something in SEC filings that contradict my most recent hypothesis.
Was LaBelle a part time CEO-- YES
Was Brody Chairman and major owner of XTI -- YES
Would that give Brody the ultimate decision power on XTI business matters--YES
Was Duffy Chairman and CEO with the ultimate decision power on XTI business matters--YES
Was Brody's signature on the contract-- NOOOOOOOOOOOO!!!!!!!!!!!!!
The bottom line is that Brody does make all the decisions for XTI just like Duffy does for XERI. I don't believe XERI can prove this contract was approved by Brody without his signature. Or LaBelle having legal proof that that kind of authority had been bestowed on him.
So why did XTI repeatedly have to switch law firms on this case? Or did the law firms drop them?
Maybe Brody, LaBelle, and their former CFO were the primary reason the TriFan 600 design needed so much help from XERI in order to complete the FAA's Preliminary Design Review. Maybe THEY were responsible for undermining the XERI / XTI relationship. Maybe YOU should stop accusing people and companies of conspiring to defraud investors when you can't even objectively interpret contract language. Just a thought.
So stupid. Everyone already knew.
That's why they hated Duffy from the getgo.
And that the deal, they discovered, at $5.4M was already 9.3% of XTI Aircraft Company.
Duffy pulled that one. Did not relent when they balked after figuring it out, seems much more plausible than your nonesense.
You once again skipped addressing my specific points as support of your argument.
Again:
"This will surely be brought up in the lawsuit." Why?
You expect XTI to raise it as at issue as defense in the lawsuit, where XTI 1.) signed the JV Agreement contract anyway, 2.) did not issue default notice, 3.) took $Millions in dollars more from Xeriant, 4.) used those funds to hire a large workforce, 5.) completed the PDR, and 6.) maintained the JV for its entire 2 year term until the JV expired under it natural terms.
Knowing all this you expect the jury will find this of issue. Why?
(oh yeah, a jury).
.
Brody has an impressive background. I noticed 35 total years of practicing law. Duffy might have bit off more than he can chew.
Executive Officers
David Brody, founder and Chairman of XTI, and Director. Mr. Brody has had a life-long passion for aircraft, science and technology. Beginning in 2012, he developed the Tri-Fan configuration and basic performance objectives, organized XTI as a Delaware corporation, and filed for patents. After developing the company’s basic strategic plan, he recruited XTI’s Board members and executive and engineering team. Mr. Brody was also the founder of an advanced technology helicopter company in 2005 (AVX Aircraft Company), and served as Chairman and CEO of AVX, and remains on the AVX board. He has practiced law in Denver with Hogan Lovells US LLP from January 2013 to the present. Prior to that time he was a partner in Patton Boggs, LLP, another international law firm, for 14 years. He has several patents issued in his name for inventions in aircraft technology and other fields, and has written three books, including a national Book-of-the-Month Club best seller on science and technology, “The Science Class You Wish You Had, The Seven Greatest Scientific Discoveries in History and the People Who Made Them” (Putnam Berkeley, New York 1997, 2nd edition, 2013). The company has not yet determined whether, after the company receives financing under this Offering, Mr. Brody will become a full-time or part-time consultant or employee of the company.
https://www.sec.gov/Archives/edgar/data/1638850/000110465920052110/tm2017794d1_partii.htm
Who do you think fired LaBelle. Brody was the founder and Chairman of XTI. LaBelle was a part time CEO
As of the date of this report, David Brody, founder and chairman of the board of directors, owns the majority of shares of the Company’s
common stock, and his majority ownership might continue indefinitely. Therefore, Mr. Brody is NOW and could be in the future in a
POSITION to elect or change the members of the board of directors and to CONTROL XTI’s business and affairs and certain significant
corporate actions, including but not limited to acquisitions, the sale or purchase of assets and the issuance and sale of XTI’s shares.XTI
also may be prevented from entering into transactions that could be beneficial to the other holders of the shares without Mr. Brody’s
consent. Mr. Brody’s interests might differ from the interests of other shareholders.
https://www.sec.gov/Archives/edgar/data/1638850/000110465922079281/tm2219432d2_ar.pdf
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