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You are an idiot. That's you're reply to glaring facts you deny? I still hear..... crickets...... Hear them? Very loud.... ..... crickets.....
I addressed Xeriant tricking "shareholders."
No, I was not tricked. Heads-up was provided by meitze that Xeriant was not listed as a presenter or vendor, which counters Xeriant's press release messaging. Seems you just need to make something up, if nothing else as your means to continue to evade addressing glaring facts fundamentally contrary to your false conclusions.
Well, that's pretty disappointing to find out they simplyvwentvto the show, but either way it's news and the pps is moving up.
XERI never implied that they were presenting or exhibiting at the plastics show in Orlando. I don't know why they bothered putting out the PR (maybe they felt pressure to put out any news?), but there didn't seem to be any effort to overstate their level of involvement. As for whether they "participated" as well as "attended"...I guess that depends on how active they were at the event. If they, in fact, networked, met with potential customers, etc., -- which is what would be expected at events like these -- then they clearly "participated."
Like he didn't trick you also. That's right you knew that before anybody else also. LOLOLOL
Yeah, unfortunately Duffy tricked you. Xeriant did not present at the NPE2024 The Plastics Show.
The Xeriant PR headline states "attends."
First paragraph Duffy/Xeriant then suggestively mislead with word about Xeriant's "participation."
Yet next paragraphs, back to use of the word "attendance", used twice, once each of two following paragraphs,
Nothing in the press release about Xeriant presenting, or being a presenter, or of Xeriant having an exhibitor booth.
It occurred to me earlier today too, if Xeriant was in fact a presenter at the NPE2024 The Plastics Show, Xeriant would have issued a press release about Xeriant's upcoming attendance as a presenter. Instead, anemic on news, Xeriant posted after-the-fact about Xeriant buying a ticket like everyone else, as a regular attending participant registrant.
Duffy punked Xeriant shareholders.... yet again.
imo
Xeriant, Inc. Attends NPE 2024: The Plastics Show to Advance NEXBOARD(TM) Product Development.
Mon, May 13, 2024
https://finance.yahoo.com/news/xeriant-inc-attends-npe-2024-201800819.html
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Still lazy?
Maybe we get past .10 by the end of the month this time
Good catch, Meitze! The link to PR is>https://finance.yahoo.com/news/xeriant-inc-attends-npe-2024-201800819.html
Maxim was going to raise the $100 million for the XERI/XTI merger -- and they (Maxim) also got Auctus to loan XERI the $$$ for the JV. XERI simply used their current CPA/Auditing firm at the time for their JV. What's unusual there?
You're still fixated on that minor typo? It was corrected years ago. Thanks for catching it. Now get with your life.
Seems Xeriant PRed about its attendance as a regular attendee Registrant of the NPE 2024: The Plastics Show.
Xeriant was not an exhibitor of the NPE 2024: The Plastics Show.
Nor was Xeriant a presenter at the show.
Seems Xeriant just bought a regular Registrant entrance ticket and participated as a regular 'business leader' attendee only, one of 50,000 plus attendees.
This is how Xeriant demonstrated its Nexboard product it claims it has.
NPE 2024: The Plastics Show in Orlando, FL, was just a 2.5 hour drive North of Xeriant's office in Boca Raton.
I think Duffy and Xeriant continue being up to deceiving their shareholders.
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How does Xeriant "present [its] innovation and demonstrate the versatility and environmental benefits of [its] advanced materials to industry leaders"? With a youtube flame test video?
Xeriant has yet to present and demonstrate anything about Nexboard other than a very rough strength test and its flame test videos.
How's Xeriant then 'demonstrating' to industry leaders? All on paper? No actual presentation of product? No demonstration of an actual physical Nexboard?
Any statement from Xeriant deserves scrutiny. It has abandoned every prior project.
I went to the NPE plastics show website, but could not find Xeriant as an exhibitor or Nexboard as a product, so.......not sure why. But, according to Newsfile, they were their presenting.
That's good DD. No "what ifs" or "maybes" you mostly rely upon otherwise.
So, based on your "what if" (how SmartyPants2 of you) the Eco Aero Management Committee members voted by consensus to pay themselves from Xeriant's $5.4M funding (which means XTI did not hire consultants and 25 engineers, and that the PDR was not completed), and they voted to terminate early the Eco Aero, LLC, as their JV Agreement.
"What if" is your basis. Cool. Any evidence in support? Or just crickets.....
Of course then such vote record will be in the Eco Aero, LLC minutes and accounting records. Maybe you can acquire those records, or confirm their existence,
I did notice that XTI Aircraft stated:
Xeri attended the NPE 2024 plastics show to advance Nexboard product development. It was May 6- 10th.
Looks like we have a little bit of news out.
I remember posting a link to the SEC filing for Currency Tracking Technologies LLC whose co-founder Elana Fuller was also co-founder of American Aviation Technologies, LLC. Along with most of that Crew became XERI. Not only that but it seems she may no longer hold any stock after owning 30% on XERI.
https://www.sec.gov/Archives/edgar/data/1689361/000166516019001085/offeringmemoformc.pdf
(1) Ms. Elena Fuller has control and dispositive power over Misha Holdings, LLC and is the beneficial owner of Misha Holdings, LLC.
https://www.sec.gov/Archives/edgar/data/1481504/000147793220001711/banj_10k.htm
(1) Alberto Silva has control and dispositive power over Micha Holdings, LLC and is the beneficial owner of Micha Holdings, LLC.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1481504/000147793223007646/xeri_10k.htm
Agreed, but where in which Xeriant financial filing?
(but you generally have my post blocked, unless you find it listed in 'replies' to another)
You always get excited and then there is nothing... except... substantial dilution, where Duffy first drives up the share price to sell into.
If it was unreleased news, then we see insider information driving up the share price about 33%. Also a wonderful look.
Support, as you claim, how this is nullified:
XTI Aircraft Company:
Support your claim of Duffy's BIO. Just 1 link to back your BS.
In the financials I saw the same Borgers as accountant months and months ago. I may have even posted, can't remember.
Well, you have a lot of questions. I have one for you:
This below quoted determination by XTI Aircraft Company is dissolved by what such that as your claim demands that XTI is only required to pay approx $300k in cash to Xeriant, not in stock as XTI's own management and accountant determined:
Q, Looks like your factually flawed thought process is catching up with you. Quick...Why not provide a few links to irrelevant text to make it look like you've actually done some research to support your theories?
PPS closed higher than it's been since the end of October 23. Without news, so maybe something is coming.
I noticed you didn't comment on XERI and XTI using the same CPA. Does this mean that you won't find anything about the JV in XTI financials. Then again the only thing noted here was R&D contributions??? Why did XERI long time CPA stay with XTI for the audit? Explain away the FACT that Duffy had no way to finance the $10 mil JV let alone a $100 mil merger, and the CPA would have known this.
Principles of Consolidation
The consolidated financial statements include the accounts of Xeriant, Inc., American Aviation Technologies, LLC, and Eco-Aero, LLC. All significant intercompany balances and transactions have been eliminated.
Of course the F&F's were "compensated" for funding the TriFan -- with convertible notes. It's standard operating procedure -- and totally accounted for in XERI's filings.
That's the problem with inferring something that wasn't even implied.
Once again, you didn't just jump to the wrong conclusion, you took a flying leap off the cliff of rationality...like Wile E. Coyote in the Road Runner cartoons.
I doubt if they have TAX records for the payroll of those 25. That's what I meant of the things that will come out in the lawsuit. Why don't you explain how the unformed committee made changes to a yet signed contract?????Why were those changes not revised before signing the contract?????
You deliberately ignore facts! Hence your conclusions belief.
And then you demand your belief is fact.
Your explanation here is of your pre-decision as the basis of your facts-ignored conclusion.
You then can't figure how your ignored facts (exampled as when now you look at a couple of them) how they fit into your pre-decision belief.
Because of the many facts you outright ignore, a couple that you address only per my prodding, establish an alternate outcome than your pre-decided story conclusion you demand is correct.
You're explanation anemic, you cannot even address the facts that you ignore to explain how they align into your fabrication that you demand as factual.
"There are still some loose ends like the added employees." LOL! LOL! Because adding 25 engineers requires millions of dollars that XTI Aircraft did not have until Xeriant's $5.4M funding, That you claim never went to XTI. But will you show where the money went instead? Nope. You demand it was stolen as off the book payments, of which you have your imagination as the 100% proof. So, let's hear your story about how those 25 engineers got paid as employees, or were fake, and oh yeah, some facts to back-up your explanation. Reasonable, realistic explanation, those 25 engineers were paid with $Millions as supplied by the JV as funded by Xeriant.
"There are still some loose ends like the added employees." LOL! LOL!
Yeah, your loose ends are everywhere. Your answer to them is.... crickets......... crickets..........crickets.....
Your story is the loose end
I ask you about solid facts that are blaring loose ends to your scam story, and you provide nothing, no answer .... crickets......... crickets..........
The scam is you.
crickets.....
Crickets.... ......crickets......... ............crickets.... ......from the Quester!
Don't know when the committee declared the PDR completed. Maybe it was all before Nov 8. Either way only a portion if any of the toxic loan could have gone to the JV Still haven't answered if you have been compensated for this "bridge financing". SIO brought up just where in the finances is this LISTED.
You said it was met PRIOR to financing which would indicate all.
Except that I never said that "ALL the financing was met" by the F&F's. Big difference!
When it comes to copy & paste you couldn't even supply 1 link that could confirm Duffy had ANYTHING to do with White Eagle International Technology. Why not start by proving how baseless the very thing that started my suspicions of this being a SCAM. Just prove Duffy's BIO!!!! You can't even show he worked for them let alone being a founder or CEO. Duffy surely hasn't said that.
BTW I thought you said XERI would update the BS APP to a NPP for Nexboard. That's been a waste of time..
That is not what I meant and you Know that I have contended just the opposite. Should have been NOTHING but a SCAM. Just like you saying that ALL the financing was met before the Auctus loan
Once again, XERI met its financial obligations to XTI prior to the Auctus loan via investments by F&F!
A perfect example of Tortured Logic! Your links are rarely proof of anything, except your ability to copy and paste URLs. In fact, they often lead to text that you have totally misinterpreted as supporting your position. Moreover, your third sentence directly contradicts your entire premise! "My opinion from the end of 2021 is this is not a SCAM." Your assumptions are generally ill-founded and your accusations are often baseless. Your posts are a waste of everyone's time!
I have demanded no belief in MY OPINION of what is transpiring here. I have brought what I found and PROVIDED LINKS. My opinion from the end of 2021 is this is not a SCAM.Some here want to think what they say is so important they post "© 2024, by StockItOut". Must not know enough legal shit to understand IHUB owns everything posted under TOS.
Now I admit there were certain things in the JV that I had trouble with how this SCAM was being perpetuated. I had said years ago this was "severance pay" related to the departing CEO & CFO. The only thing I was sure of was the committee could not have changed the DP before the contract was signed because there was NO COMMITTEE and no signed contract to modify. Might be XTIs only hope.
The other problem was why no default had been filed. Which I contended meant it gave an "ACE in the hole" to XTI against XERI. This is the key IMO to understanding this SCAM. I also contended that the redacted part held secrets. I knew the committee had certain powers according to the 3.Management of the JV.
3.1 Management Vested in the Management Committee clauses. No default was a problem explaining. Not an excuse but isn't that what we heard from SP about Auctus. So why did the new XTI mgt keep the "STORY" going??? Far more to it than we know.
So for you haters, I admit there were gaps I couldn't explain logically. That didn't stop me from trying to come up with one. I have believed XERI to be a SCAM for years. I always believed that the CEO & CFO were part of Duffy's plan to use this JV to SCAM retail and now we know maybe some F&F again. There are still some loose ends like the added employees. I think I have explained why there was no default. How committee members got paid. How committee members declared the early completion of terms of the JV. I'm sure all that will be exposed in the lawsuit. Like SP said XTI got a high priced lawyer group for a reason. He's right about.
File No: 333-269283 ORDER DECLARING REGISTRATION STATEMENT ABANDONED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
UNITED STATES OF AMERICA BEFORE THE
SECURITIES AND EXCHANGE COMMISSION March 8, 2024
Xeriant, Inc. filed with the Commission a registration statement to register securities under Section 6(a) of the Securities Act of 1933. The registration statement has been on file for more than nine months and has not yet become effective.
Xeriant, Inc. has failed to respond to notice under Rule 479 that the registration statement would be declared abandoned unless it was timely amended or withdrawn;
In view of the foregoing, it is ORDERED that the registration statement be declared abandoned on March 8, 2024.
For the Commission, by the Division of Corporation Finance, pursuant to delegated authority.
Anne Parker Office Chief
March 8, 2024
https://www.sec.gov/Archives/edgar/data/1481504/999999999724000553/filename1.pdf
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You're just wrong. You're confused by the JV Agreement, yet you pretend you are not. You know you don't clearly understand the JV Agreement.
You neglected to bold and consider: "the percentage shall be reduced pro rata based upon the amount that the contribution actually made by Xeriant."
Why do you throw out one segment within your paragraph clause citation but then you focus only on one other segment of the entire in complete negation of the other directive and clarifying wording? Why? Making pool of facts that deny most others.
Xeriant's "sole discretion" was under a very limited set of circumstances, and was not as you imply as a voluntary 'any-time' sole discretion to contribute what it wanted when it wanted. The "sole discretion" was for Xeriant to pay up $10M should it have yet paid said maximum when and if a Liquidity Event, Acceleration Event or Completion Event.
But do you know that Xeriant's $5.4M already earned it 9.33% of XTI Aircraft Company?
This is where JohnDoe2024 jumps in to yell "cry baby" because he's a complete FAKER, who has zero contributory capability.
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Where do we find this bridge financing within Xeriant's annual report for the relevant year?
NO! That's NOT AT ALL what I'm saying! I'm simply pointing out that XERI was able to make a few monthly payments to the XTI JV with the help of F&F's before the Auctus loan was finalized!
"XERI met its financial obligations to XTI prior($5,407,580) to the Auctus loan". Are you saying you received compensation from the Auctus toxic loan for your participation in this "bridge financing"?????
The F&F's provided bridge financing for the JV while Maxim arranged for Auctus to provide the loan. They didn't provide all the funds required by XTI, just some of the funds. Your conspiracy theory doesn't hold water.
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