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XERI has a legally binding agreement that gives them 5.5% equity in XTI. The fact that they haven't opted to convert that into shares in a privately-held company while the JV is still in effect is just a meaningless technicality that in no way affects their equity position. Find another nit to pick because this is another losing argument no one should waste another second on.
Do they have any XTI stock NO THEY DON"T. Will they ever own any XTI stock as you have pointed out not until the JV ends so until that day XERI owns NONE of XTI
Duh, XERI owns 5.5% of XTI (as per the JV). A majority of AAT. 100% of NexBoards. And an LOI (to be followed by a definitive agreement) for a $250+ million deal with NNC.
It's not even a holding company since they have no other companies NO alliance agreement with PRAGA Avia s.r.o. NO LOI with Coflow Jet, NO,Xeriant Europe s.r.o. NANO LUBE, NO strategic alliance with Mente Systems Inc. (DBA TheIncLab), XTI STOCK, NO MOVYCHEM RETACELL, NO NNC CONTRACT, NO REVENUE, NO NOTHING but DEBT
YOU HAVE BEEN WARNED
NOTHING TO SEE HERE BUT A SCAM
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Everyone is waiting for those long-overdue announcements about XERI's pending projects / deals / initiatives (XTI, NNC, NexBoards, the uplist, etc.)
It's right in the name: "BIO-TECH" -- ("Tech" being short for "Technology") -- and XERIANT, for anyone who has been paying attention, is a technology-focused holding/operating company with an environmental mission. It's NOT just an aerospace company!
NOTHING but PURE BS about Duffy's BIO. Duffy needs to answer. This is from his Aegea Inc BIO and as we have discussed before that it was NOT White Eagle Technologies but White Eagle Financial Corp.. There is NO MENTION of any BS company that went to NASDAQ
Since 2003, Mr. Duffy has been engaged as a managing principal and in raising capital for a number of companies he founded including
two bank holding companies, an owner of petroleum station properties, a fast food company and commercial real estate development
companies. From August 1996 to 2006, Mr. Duffy was the president and founder of White Eagle Financial Corp., a financial services company
that assisted start-up companies in raising capital and acquisitions, primarily in the banking industry. During this time period, Mr. Duffy was
also involved in management of a bank holding company that engaged primarily in the issuance of sub-prime credit cards. From March 1986 to
July 1996 Mr. Duffy held management positions at financial institutions as an asset liability manager and senior operations officer responsible
for financial analysis of bank operations and loan portfolio, investment portfolio management, operations, capital raising, marketing and
development and management of mortgage lending operations. From June 1982 to April 1986, Mr. Duffy held accounting and finance
positions with companies engaged in aviation and real estate syndications
Looks like F&F are tiered of keeping it floating also. END IS NOT FAR OFF NOW .
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No trades in the first 3 hours. Unusual. Even the MMs are tired of this one.
WHAT NO BS REBUTTAL to my reply. Why use a BIO TECH to promote a Aerospace company then. JUST MORE BS
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LOLOLOLOL....ZERO VOLUME SPEAKS VOLUMES OF WHAT EVERYONE KNOWS ABOUT THIS POS SCAM.
JUST LYING GRIFTERS SCAMMING NAIVE RETAIL....
Good morning. XERI... $$$$$$$$.. LONG!!
Looks like XERI has focused their limited resources, The hopes of creating a product that the world is in need of. Creating a wall board that's insect, fire, mold and water resistant will be like going from Horse hair plaster to gypsum drywall.
That goes without saying, It's easy to over extend.
Or maybe Xeriant simply needed to focus its limited resources on the most commercially viable products -- which is exactly what they said they would be doing!!!!
Anyone with as extensive and wide-ranging experience as Keith Duffy would naturally adjust his bios for specific positions in different industries. The implication that there is something nefarious, unethical, or fraudulent about providing factual information in this manner is absurd. It is a waste of everyone's time to pursue this line of criticism.
We have a CEO along with his hand picked team, that continues to step out of their comfort zone to find concepts, with potential value. U have to start somewhere, Hopefully snoop dog DUFFY is onto something good.
Something's can be very convincing with the right person delivering the message, easy to get caught up in the pitch. That may have been the case of the Nano Lubes, Movychem must be a very convincing force.
Stock, I'm not a salesman, if you're going to sell, u have to believe in the product. A chemical engineer should have been out selling.
Back at u STOCK, Nanu nanu. Maybe the lubes are not that easily introduced to the world markets.
That's right BCJ! And don't forget the Nanu Nanu lubes for good times in Xeriant spaceship bedrooms built with Nexboard. The applications are infinite.
.
Funny how Duffy though it was pertinent to include the BIO tech co. going to NASDAQ BS in his updated BIO for the Currency Tracking Technologies & his XERI BIO when that doesn't have anything to do with Aerospace either.
YOU HAVE BEEN WARNED
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https://www.sec.gov/Archives/edgar/data/1689361/000166516020000204/offeringmemoformc.pdf
Quite different from the BIO on the XERI website
Keith F. Duffy
Chairman of the Board and Chief Executive Officer
Keith Duffy has over thirty years of experience in investment banking, management, finance, strategic planning and operations, and has been a principal in a number of start-up companies. He arranged the merger of American Aviation Technologies with a public company to form Xeriant and established the relationship with Florida Atlantic University (FAU), preparing the white paper that was approved by the Florida Atlantic Research and Development Authority. Mr. Duffy was formerly the founder and/or CEO of a public company, two bank holding companies, a software development company, and a biotech company now trading on NASDAQ. He trained to be a private pilot when he was 16 years old and after college became controller of an FBO at the Palm Beach International Airport which helped to further his knowledge of the aviation industry. Mr. Duffy has held a variety of management, accounting and finance positions over the years. He has been a licensed securities broker and currently holds a real estate license and a NMLS mortgage broker’s license in Florida. He has also served on the Florida Bar Grievance Committee. Mr. Duffy attended Wake Forest University and Rollins College, where he earned a B.A. Degree in Business Administration and Mathematics in 1982.
Right again, BCJ! You're on a roll today!
Once again: "White Eagle" was a name Duffy used for 2 companies: one in the financial industry and the other in the Bio-Tech field, which secured the rights for about 10 different technologies from the Russians -- including an Agri-Tech product. As Founder / Chairman of White Eagle Technologies, he led the effort to convert that AgriTech protect into a life-saving biotechnology that eventually served as the core technology behind CytoSorbents Corporation, a NASDAQ-listed company.
The fact that Duffy's bio for AEGEA focused on his background in the financial, real estate, and entrepreneurship arenas -- rather than biotechnology -- is only natural, given that those areas are relevant to the work AEGEA was involved with at the time.
That's pretty impressive, how does he find all the time to manage or juggle all this business. I see why people have placed their bets on Duffy.
Since 2003, Mr. Duffy has been engaged as a managing principal and in raising capital for a number of companies he founded including
two bank holding companies, an owner of petroleum station properties, a fast food company and commercial real estate development
companies. From August 1996 to 2006, Mr. Duffy was the president and founder of White Eagle Financial Corp., a financial services company
that assisted start-up companies in raising capital and acquisitions, primarily in the banking industry. During this time period, Mr. Duffy was
also involved in management of a bank holding company that engaged primarily in the issuance of sub-prime credit cards. From March 1986 to
July 1996 Mr. Duffy held management positions at financial institutions as an asset liability manager and senior operations officer responsible
for financial analysis of bank operations and loan portfolio, investment portfolio management, operations, capital raising, marketing and
development and management of mortgage lending operations. From June 1982 to April 1986, Mr. Duffy held accounting and finance
positions with companies engaged in aviation and real estate syndications
Your info was PURE BS. Duffy needs to answer. This is from his Aegea Inc BIO and as we have discussed before that it was NOT White Eagle Technologies but White Eagle Financial Corp.. There is NO MENTION of any BS BIO TECH company that went to NASDAQ
Since 2003, Mr. Duffy has been engaged as a managing principal and in raising capital for a number of companies he founded including
two bank holding companies, an owner of petroleum station properties, a fast food company and commercial real estate development
companies. From August 1996 to 2006, Mr. Duffy was the president and founder of White Eagle Financial Corp., a financial services company
that assisted start-up companies in raising capital and acquisitions, primarily in the banking industry. During this time period, Mr. Duffy was
also involved in management of a bank holding company that engaged primarily in the issuance of sub-prime credit cards. From March 1986 to
July 1996 Mr. Duffy held management positions at financial institutions as an asset liability manager and senior operations officer responsible
for financial analysis of bank operations and loan portfolio, investment portfolio management, operations, capital raising, marketing and
development and management of mortgage lending operations. From June 1982 to April 1986, Mr. Duffy held accounting and finance
positions with companies engaged in aviation and real estate syndications
https://www.otcmarkets.com/filing/conv_pdf?id=9916740&guid=sSA-k6xdJQE_B3h
We have been waiting to KNOW the name of the company Duffy started and or was CEO of that later went to NASDAQ. NOT from third party but from DUFFY because NO PROOF of it being CTSO was ever given just more of your BS.
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NEXBOARDS(TM)?? We are going to make a schiff load of money. XERI... $$$$$$$$.. LONG!!
Oh, really???XERI didn't announce the creation of NexBoards until June 2022!!! https://www.globenewswire.com/news-release/2022/06/08/2458777/0/en/Retacell-Composite-Panel-Developed-for-Construction-Applications.html
Jeez! We've been over this before! Duffy sold the AEGEA corporate shell to another company (via a reverse merger) which changed its name to Futureland (FUTL). Duffy and Zajac were no longer involved with the public company, just as the original founders of BANJ were no longer involved with XERI. BTW: When BANJ was sold and eventually changed its name to XERIANT, BANJ's investors were bailed out and many ended up making tidy profits rather than suffering losses.
LOLOLOLOL...AT SCAMMING NAIVE RETAIL
Duffy and Zajac have been scamming investor together for MANY YEARS and different companies.
On March 16, 2015, the then current board of directors of Aegea, Inc. Keith Duffy, Scott Duffy, Carran Schneider, David Zajac and Lou Fuoco, did resign as directors of the Corporation, concurrent with the simultaneous appointment of Saed "Sam" Talari and John Verghese being appointed as the sole directors of Aegea, Inc.
https://www.globenewswire.com/en/news-release/2015/03/24/718128/29493/en/FutureWorld-FWDG-Sells-Subsidiary-FutureLand-Properties-LLC.html
Good morning. XERI... $$$$$$$$.. LONG!!
Zajac's bio is world-class -- and he apparently has a long and excellent relationship with Duffy.
Correcto mundo, BCJ! But don't forget the fire-resistant/retardant aspect...That's what will make NexBoards an all-purpose building material for building construction and repair literally anywhere -- from wildfire-prone areas to urban building projects.
ALL FLUFF BULLSHIT. THEY SAID OVER A YEAR AGO THEY HAD VARIOUS COMPANIES DOING TESTING ON SCAMBOARDS....
NOTHING BUT LYING GRIFTERS SCAMMING NAIVE RETAIL
Dave Zajac does have the know how to get this done, My guess he was the sounding board for the original concept. Nexboards!
Dave Zajac, Managing Director of Xeriant's Advanced Chemicals and Materials Division, commented, "We're happy to have chosen a manufacturing facility to run a small-scale production trial, which will manufacture up to forty 4' x 8' wallboards in varying thicknesses, using up to four different flame-retardants for testing purposes. A large U.S.-based homebuilder is standing by to receive the test samples, which may determine their level of interest in pursuing a large purchase order or a licensing arrangement for a dedicated full-scale production facility."
Venture capital is always on the look out for the Nex-- big thing. It's possible Duffy tapped into those available resources. Fingers crossed.
TMF is legit, hard to believe the CEO is desperate enough to collude with Duffy, I think the building market needs a product that is mold and moisture resistant. Flood plain areas spend millions maybe even billions in restoration and repairs. I'm pointing out the need for this product, long over due.
Exactly, BCJ! And TMF isn't some made-up scam company. They're a well-established leader in their industry -- and their partnership with XERI is just another indication that XERI is getting its act together... big-time!
"...a 35-year-old manufacturer of FM Approved plastic industrial products. TMF Corporation will agglomerate post-industrial plastic waste and densify it along with four different eco-friendly flame-retardants to produce pellets used in the manufacturing of NEXBOARD™ panels for testing purposes."
"Since 1988, TMF Corporation has been manufacturing and distributing high quality plastic containers and pallets for commercial and government clients. TMF prides itself on providing quality products and responsive support to its customers which have included major manufacturers in the auto, food, and pharmaceutical industries, as well as all levels of government. In 2004, TMF was one of the first manufacturers to have a FM Approved nontoxic fire-retardant product. In 2016, TMF started utilizing a nonhalogenated compound and received FM 4996 approval for its plastic fire-retardant pallets, delivering fire protection as good or better than its wood counterpart. Now, some of the largest pharmaceutical companies, including Pfizer, GlaxoSmithKline and AstraZeneca, depend on TMF Corporation to meet their compliance requirements."
For more information, please go to www.tmfcorporation.com
SURE...SP represents NOBODY FOOLED with that FLUFF BULLSHIT. Just because FLUFFY contacted them regarding "feedstock" CERTAINLY does NOT mean ANY SCAMBOARDS will EVER get produced. ESPECIALLY since they are BROKE!!!
NEXBOARD(TM) fits right into our wheelhouse and we're proud to be associated with a product that could have such far-reaching impact on the global environment," stated Tom Fitzgerald, Sr., CEO of TMF Corporation.
xeri IS BROKE....NO $, NO DEALS, NO SCAMBOARDS....NO FUTURE!!
"new opportunities" that fully replace 2-year-promoted-and-worked-on-opportunities is failure covered-up with "new opportunities" reframing as its window dressing make-up.
Xeriant proves this.
"new opportunities" that align with Xeriant's JV Agreement default, and Note default (the third default for each, and now without yet another extension), is garbage, and unreasonable.
What the hell is "terms or spirit" in a legally binding agreement? Good faith decimation as deception? What crap , "terms or spirit" as a contractual obligation.
Like "terms or spirit" means anything other the cover-up excuses bullshit as deception from the reality of Duffy and Xeriant misleading its investors in willful misdirection.
.
LOL! "We should know soon enough" is already here!
We know now already.
Duffy eF-ed his XERI shareholders, lied to them, and has failed one deal after another.
"We should know soon enough" about the XTI AZircraft merger that was already well late and set fir October 22nd, 2021.
"We should know soon enough" is standard scammer language.
LOL.
LOLOLOLOL.......
JUST LIKE ALL THE REST OF OTC SCAMS.
ACTUALLY SURPRISED THEY DIDN'T PUT OUT PR ABOUT GETTING INTO AI BANDWAGON YET
XERIANT is allowed to change its mind when situations change and new opportunities present themselves -- as long as it doesn't violate the terms or spirit of legally binding agreements. Apparently that comes as news to some people.
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