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The selling seems to be the main event!
Good morning Thursday. XERI... $$$$$$$$.. LONG!!
Everyday someone/s has been selling just enough not to push this to .01, very deliberate.
One man's BS is another's Truth Telling. Time will tell which is which -- and XERI's time is coming soon!
Wait! We heard the same when Nexboard had Retacell,
and Retacell was promoted for years. Looks like we have promotion of a scam here!
Scam Alert!
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FACT!
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Obviously! LOL! S-1 lied promoting Retacell in Nexboard.
Retacell pumped and focused on by Xeriant for three years, now dropped as a fire retardant material in Nexboards.
That's what scam companies do.
Next New Concept, Inc., if legitimate (laughable!) would have to question and re-evaluate its plans to use Nexboard until proven a worthy building product, for it to be investing $250,000,000 of money NNC does not have to build a city it will not build.
Remember, about half the NNC mega deal was for additional non-Nexboard Retacell products.
I suppose Next New Concept, Inc., can just directly go to Movychem for its Retacell needs now that Xeriant, Inc. has abandoned its Joint Venture with Movychem.
That's how amazing Retacell is... we were informed.
Certainly Next New Concept, Inc. (as any legitimate business will and would do) would have to question and re-evaluate the integrity and ability of Xeriant, Inc. and its apparently lame CEO Keith Duffy the Fluffy.
Unless of course Next New Concept, Inc., is just a come on too.
.
NAIVE RETAIL is going to find out the hard way what DILUTION is ALL ABOUT very soon....
Still only get me a silver metal compared to your gold for best in BS
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Yup! Agreed! XERI is a swamp right now! Smart!
That post earned a 9.7 "Jumping to Conclusions" score! As per the loan agreement, there was no default judgement filed, so there was no default!
We need to start a new count down. How will Duffy try to BS his way out of this DEFAULT that happened on March 15th and will have to be addressed in this next 10-Q??? Will he somehow get Auctus to the table again and if so at what cost??? Now 6 weeks into DEFAULT with less than 3 weeks left before it will be confirmed if NO 8-K is filed to show another extension. Time might be finally up for this POS
Less than 20 days until the next 10-Q. Will there be a 8-K before then, I doubt if it, only been 6 weeks with NO UPDATE on the AUCTUS TOXIC LOAN.
YOU HAVE BEEN WARNED
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OR (more likely than not) people simply failed to appreciate the implications of the production partnership and the significant impact it could have on XERI's ability to commercialize NexBoards and realize the massive potential of the NNC.relationship.
FLUFFY DUFFY BULLSHIT IS NEVER "WORTH" READING IN 1ST PLACE, NEVERMIND "RE" READING....
JUST LYING GRIFTERS SCAMMING NAIVE RETAIL.....
THAT FLUFF CRAP OBVIOUSLY DIDN'T FOOL MANY AS SP IS LOWER NOW THAN IT WAS THEN...
WORTH RE-READING:_Xeriant_partners_with_TMF_Corporation_for_ NEXBOARD™_test_production
Established U.S. manufacturer of plastic industrial products to contribute material integration expertise
BOCA RATON, Fla., March 08, 2023 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTCQB: XERI) (“Xeriant” or “the Company”), a Company dedicated to the discovery, development and commercialization of advanced materials and aerospace technologies, announces a manufacturing partnership to facilitate the production of eco-friendly, flame retardant-infused recycled plastic used in NEXBOARD™ panels. NEXBOARD™ is a flame-, water-, mold- and insect-resistant building panel set to replace products such as drywall, plywood, OSB, MDF and MgO board for new and retrofit construction.
“As an experienced manufacturer of FM Approved plastic products, we are thrilled to be supporting Xeriant’s new product development. The feedstock required for the production of NEXBOARD™ 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.
The Xeriant team has been researching methods to streamline the production process and enhance the characteristics and quality of NEXBOARD™ using different eco-friendly flame-retardants. To help accomplish this mission, Xeriant has formed a partnership with TMF Corporation, 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.
“TMF Corporation is one of our valued strategic investors and we’re excited to finally collaborate to unlock their capabilities as we set out to begin the manufacturing of NEXBOARD™,” said Keith Duffy, CEO of Xeriant.
About TMF Corporation
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
ALL TRUE AND IT DOESN'T GET ANYMORE SMELLY AND SLIMIER LOOKING THAN THIS POS SCAM RUN BY LYING GRIFTERS....
It's impressive how many incorrect assumptions can be crammed into one short post. I can't wait for XERI to get its shit together -- and not just because it'll be good for its long-suffering investors. But it'll show investors that every so often the OTC isn't a total swamp.
LOLOLOLOL....NOPE!
SCAMS LIKE THIS AREN'T A WISE INVESTMENT. ESPECIALLY SINCE THEY'RE BROKE, IN DEFAULT CAN'T UPLIST, HAVE NO "DEALS" AND LYING GRIFTERS HIDING OUT....
The NexBoard mega-deal with NNC is obviously complex, complicated, and dependent on XERI's ability to produce NexBoards cost efficiently. If you re-read their recent PRs and SEC filings, you'll realize that the relationship with TMF is designed to do EXACTLY that -- and could very well be the missing piece of the puzzle that will make the $250+ million NNC deal a reality. You don't need to trust anything -- just wait for TMF to do its thing!
Why do you continue to trust someone close to Duffy
Those deals have been impending for a long time now. At some point you gotta wonder what happened. It doesn't look good for Xeri Smarty. They've all but vanished since January. None of the deals they started got to the finish line. Not 1. Why should i trust anything will change?
OR...ANOTHER BUYING OPPORTUNITY before XERI starts its BIG BOUNCE BACK thanks to those impending MEGA DEALS.
Where's the 8-K stating XTI stock transfer to Xeriant?
Or any SEC 10-Q or 10-K stating the same?
Does not exist.
Counting crumbs of nothing but debt and no reward sounds like sobering to reality that Duffy has ripped-off his Xeriant shareholders.
.
ANOTHER exciting day for xeri with ZERO volume...LOLOLOLOL
LOLOLOLOL....ALL THEY EVER DO IS MAKE PREMATURE LYING SHIT GRIFTERS DO
LOL speaking of premature this POS has already shot it's WADE...and has NOTHING LEFT
YOU HAVE BEEN WARNED
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Duffy-the-Fluffy and Xeriant experts at making premature announcements.
.
Or...they simply can't make any premature announcements that could jeopardize those impending mega deals involving NexBoards, XTI, NNC, etc.
SEC probably told them NO MORE shenanigans.
Big brother is watching you...
Looks like we're in for another week of silence. You can just sense it. These guys have gone dark and it'll probably last for months.
Until XERI is awarded stock from a BS JV they own none of . There has been no judgment to award the stock since you like to talk about judgments
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Good Monday morning. XERI... $$$$$$$$.. LONG!!
LOLOLOLOL....NOT WHEN AUCTUS SEIZES ALL THEIR ASSESTS FOR FAILURE TO PAY LOAN.
Anyone with shares of XERI already owns a piece of XTI!
LOLOLOLOL....TELL THEM WHAT THEY COULD'VE WON...
Don't you wish XTI had stock you could invest in.
YOU HAVE BEEN WARNED
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Seven(7) Billion in Presales, and Reservations. XERI... $$$$$$$$.. LONG!!
I doubt if Autus will wait until 2027 to get their $6 mil when XTI might have a TF 600 ready for flight buy I doubt it since they have as many FTD as XERI. Looks like the price has gone up also to over $10 mil now but by the time (5yrs) they get one in the air that might be up to $15 mil LOL
$7 bil/691= $10.13 mil WOW LOOKS GREAT CAN"T WAIT TO SEE IT LOL
Why does XTI need Duffy/XERI anyway the NEW CFO is quite capable of raising capital.
New Chief Financial Officer, Scott Pomeroy,has over 35 years’ experience in launching new businesses, raising capital, serving as founder and CEO, President, and CFO of several companies. He previously led equity and debt capital raises of more than $10 billion.
We’re now working on our full-scale piloted TriFan and we plan to begin flight tests in 2025 or early 2026. As we ramp up this work, we’re expanding our collaboration with key suppliers and we’ve commenced the process to secure FAA certification. Importantly, we’ve received 691 orders, reservations, and options for the TriFan so far. This represents almost $7 billion in gross revenues upon delivery of those aircraft. The firm orders alone represent full production capacity for the first three years of XTI’s commercial operations.”
https://www.xtiaircraft.com/cm/news/9-press-release/346-xti-aircraft-company-cfo-elected-to-board
Just more baseless BS.
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xeri IS NOTHING BUT A POS SCAM RUN BY LYING GRIFTERS
Once again, subjectively negative assumptions are being made without any knowledge or understanding of the specific matters at hand. Furthermore, it is quite common for confidential terms of business agreements to be redacted from publicly-available materials. XTI has publicly laid out a number of realistic propulsion options that will allow the Tri-Fan to achieve its stated commercialization, performance, and environmental milestones -- with the ultimate goal of being as "green" as possible as soon as possible. How else would they have been able to attract $7 BILLION in pre-sales already?
I'm sure that XTI and XERI understood exactly what the terms of the agreement were. That's why those terms were HIDDEN in the REDACTED EXHIBIT D Business and Budget and NO TERMS explaining what was to be accomplished in Exhibit B (XTI Service Agreement) or Exhibit C ( XERI Service Agreement) or what the funding would pay in order to complete preliminary design.
Which by the way had the new GE catalyst motor in that preliminary design now after the supposed completion of the ( reason not all 410 mil was paid) the design has been changed to using "The TriFan 600 will initially be certified with two reliable turboshaft engines," meaning a design change therefore preliminary design still needs to be done.
BTW there is NO NEWS ON XTI WEBSITE ABOUT ANY XERI/XTI MERGER ONLY XERI'S
Things that make me go HUM?????
https://www.xtiaircraft.com/cm/blog/343-engineering-update-august-2022
YOU HAVE BEEN WARNED
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I'm not the only one who sees it that way. And I'm certain my interpretation will be proven to be far more accurate than one that assumes XERI is incapable of understanding the obvious terms of its own agreement.
LOLOL. What a total bunch of LAME BS
TIC TOC
That is NOT what the JV agreement said! $10 million was at the high end of a spectrum of what XTI anticipated might be needed to complete the project. XERI paid the bills on an "as needed" basis -- and then stopped paying once the Preliminary Design Review was completed -- ahead of schedule and under budget.
BTW I'm fully aware of what is in the agreement. What we don't know is just what is in Exhibit D Business Plan. Can't blame them for redacting that area probably be able to see the SCAM it was.There is nothing in Exhibits B and C are BLANK which means that holds either accountable to do anything. I noticed that 4.3.2 not sure but could be taken that the $9 mil monthly as in $9 mil per 1 month instead of stating to be divided into monthly payments or as budget requires which could show why not all $10 mil was needed.
2.3 Objectives The purpose will be carried out pursuant to the Services Agreement between XTI, Xeri and the JV, attached hereto in Exhibits B and C, specifying the development services to be provided by XTI and/or XERI and the payments to be made by the JV
4.3.1 states A total of $10 mil (Intended Contribution) consisting of the initial sum of $1 mil to be funded immediately upon the execution of this agreement, including the Exhibits.
4.3.2 Additional capital of $9 mil advanced monthly, in advanced, as required in accordance with the Budget attached hereto in Exhibit D (REDACTED)???????????
YOU HAVE BEEN WARNED
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Well then you are still expecting XERI to eventuality acquire some 5+% of XTI stock. Still no need since they will merger some day or provide more funding get real. If so Duffy should have pushed to get what he paid for to give this POS some kind of credit. I don't think that XERI will ever see that happen but Auctus might but I still doubt that. We have been here before about what is in EXHIBIT D Business Plan that is redacted for a reason and I doubt if it was to insure XERI was rewarded for NOT providing the full JV payment like you think unless XTI is just a SCAM also.
YOU HAVE BEEN WARNED ALSO
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Incessant number of times we are provided incorrect, misleading, and false claim that there is no default makes absolutely zero difference to the FACT there are currently two Xeriant defaults, each for the third time too.
It's right there in multiple SEC filings too.
Sorry...
Yes it does. "Nowhere does it say that is a variable amount." Yes it dies say so.
The $10M was for the preliminary design of the TriFan 600, and the preliminary design was completed under budget of $10M. It's not rocket science.
"contributed over a period of less than one year, as required an aircraft development timeline and budget."
.
No Default! XERI... $$$$$$$$.. LONG!!
RIGHT from someone who doesn't know his left from his right. Seems clear there was a $10 mil commitment to be paid with in a year. Nowhere does it say that is a variable amount
The Agreement was effective on June 4, 2021, with an initial deposit of $1 million into the JV. Xeriant’ financial commitment is $10 million, contributed over a period of less than one year, as required an aircraft development timeline and budget.
https://www.sec.gov/Archives/edgar/data/1481504/000147793221003919/xeri_8k.htm
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