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Oh, really? The SEC would beg to differ.
Agreed! Auctus' business model is apparently illegal -- which could void all its toxic loans and potentially put them out of business.
Maybe so, that'll-be-great. Also maybe it's Duffy BSing once again to spin a story and an excuse with little intent to accomplish his stated objective, as apparently has been the case time and time and time again, hence the failures you reference that "has resulted in very little."
Meanwhile you're the man in red. I can't believe there are people that still won't accept this as a SCAM.
I hope so and may justice be swift.
You guys and your save the world from Duffy is what keeps me going. Duffy is the man in black.
Did you get a hold of some of Fooden's brownies???????
You "think" they shorted it??? Of course you have evidence backing up that statement???
Check with finra. That will tell you EVERYTHING should know about this POS SCAM...
JUST NOTHING BUT LYING GRIFTERS SCAMMING NAIVE RETAIL
U can keep touting scam along with chicken Littles "the sky is falling" It won't change the PPS from climbing this coming week and from here on out.
Unbeknownst, Xeriant was in a crap shoot with AUCTUS, the dice were loaded. Auctus loses, Xeriant is off the hook!
So u hope, personally I think that if AUCTUS hadn't shorted this stock the PPS would have held. That would have enabled XERIANT to capitalize and enhance their share holder value. As word spreads about AUCTUS's criminal behavior XERIANT will begin to climb. You can take that to the bank, along with the viability of the NEXBOARD. Good faith lending is and assumed practice, Duffy was under the impression that was the case.
A loan IS a loan. It just does NOT disappear.
Well put M, but I think Auctus business as usual has been disrupted forever!
It'll take years before repercussions affect Auctus. Until then it'll be biz as usual. I don't see this helping Xeri much. Xeri needs to help themselves out by getting the Nexboard panels completed and a deal signed. But everthing they've started has resulted in very little. Maybe Nexboard panels will change all that and Xeri will one day get listed on a major exchange and shock the world.
Would not surprise me if a disgruntled wannabe Xerillionaire didn't file a complaint against one or the other. Plenty here talked of filing one over the past few years. Duffy clearly knew what he was getting into when dealing with Auctus in order to SCAM investors. Agree that this opens the door on multiple SCAM companies including XERI. Like I've said before Auctus is the nail in XERI's coffin.
TIC TOC
Of course, the SEC does not publicly inform regarding their investigations.
Anyone claiming XERI isn't being named in any SEC complaint is unfortunately that kind of baseless story fabricator that is par for the course around here.
.
Yes. Not only will they, they intend so.
Auctus is the SEC access and distribution 'hub' into the companies desperate to have borrowed from the loan shark Auctus.
That would be a nightmare to AUCTUS and a miracle for XERIANT share holders.
XERI is probably thrilled the SEC is looking into Auctus, since it may not only wipe their debt clean but it might finally reveal whether Auctus has been leveraging its XERI warrants to short their stock!
We all have a degree of frustration, in retrospect it's very easy to play the Monday morning quarterback.
Of course iXERI isn't being named in any SEC complaint! Unfortunately, that kind of baseless accusation is par for the course around here.
LOLOLOLOL....CALLING auctus THIEVES IS LIKE THE POT CALLING THE KETTLE BLACK.
THIS POS IS NOTHING AND HAS NEVER BEEN ANYTHING BUT LYING GRIFTERS SCAMMING NAIVE RETAIL....
AND THE "STORY" ENDS WITH SEC DELISTING IT AND LOCKING UP ALL THE BAD ACTORS.
WHY WOULD xeri EVEN BORROW $ FROM KNOWN "THIEVES", UNLESS IT'S JUST ALL PART OF THE SCAM...
No, they will be looking at the predatory lending practice, by the time this SEC investigation is over, AUCTUS will be out of business. I'm guessing that AUCTUS had already sold millions of XERI's stock, like they've done with 100 other companies. Auctus is all about filling their pockets as fast as they can, they're thieves. END OF STORY!
You REALLY don't think SEC will be CLOSELY looking at ALL the SCAM companies associated with auctus???
OF COURSE THEY WILL
WHY NOT TRUE??? OBVIOUS SCAMS LIKE THIS EVENTUALLY GET BUSTED...
Kill, that is positively not true, if you want to ward people off that's not the way. you.
You can bet your bottom dollar SEC is MOST DEFINITELY going to DELIST these LYING GRIFTERS.
like maynerd t. crebbs.
Duffy is hiding, he's a p*$$y. General Holt aligned with a dead-beat. If only Duffy were cool like a beat-nick.
Getting Duffy to UPDATE, INFORM, EXPLAIN, is the same as getting a ride on the brand new XTI PIG WITH WINGS
Read XTI's 2023 news. An answer is there.
Call them.
Don't fluffy-out.
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Stock, that foot note is inflammatory, what's that all about, more speculation or is XERI NAMED in some SEC complaint?
Duffy needed a new flying machine after losing HALO.
He 'went shopping', found XTI Aircraft that was already attempting to raise money, so Desperate Duffy went to a loan shark to borrow $6M. Auctus wouldn't give him $10M.
Now the SEC is interested.
Considering the PDR, why would they go thru the cash hiring 32 people to complete that task? There's no questions that need to be answered about the legitimacy of XTI. DUFFY owes us a progress report in regards to it's current status.
Correct! XTI badly needed the cash for the TriFan 600 to proceed through the FAA's critical PDR (Preliminary Design Review) and XERI was only one that appreciated their vision AND was able to provide the necessary funding -- initially through its F&F investors and then via that infamous convertible note with Auctus.
I would like to know the development status of XTI's TF600, I would think that's the very least we should be afforded. The investment by our public company and the AUCTUS heartburn that followed has been stressful. Has our toxic 10% been worth it, why does this info have to be a secret?
I didn't find anything suspicious about XERI investing in XTI. The cash infusion was badly needed by XTI.
A "smart" person actually would believe they could buy their way into a legit evtol company for a measly 6m....
All the SAME BS and excuses for their failures.
They probably also think AND blame Movychem for the "default" despite NOT having the 2m to pay them...JOKE
Yup, that's i'm used to from the 'DOW'-chipper. Speculation.
Others rely upon SEC filings, PRs, etc., and find all the conflicting and non-sensicals, where the 'DOW-chip' and 'smart' speculation paint some bullsh't and call anything else conspiracy.
Tiring the ongoing concern, about Duffy, about Xeriant, about XTI Aircraft, about yada yada, and then... the immense hope and optimistic outlook.
It's like an insider with a conscience not self sure if said insider is having a close touching connection moment or still just punking retail with positive promotion.
.
NOT just "speculation". SEC filings and share structure updates confirm what I just said.
As usual it's all specilation.
The ONLY shares currently being DILUTED are those "INSIDERS" that are selling. Those ARE the ones that got "restricted" shares for pennies on the dollar. EVENTUALLY, they DO get sold before the "SHIT" hits the fan. I'm pretty sure NOT 1 share was sold by any of those notes owed to auctus as NO SEC filings show any of those....YET!!!
Good faith lending practices don't allow shorting a stocks price down. It's obvious to me this has been taking place, no words from Duffy in this regard is also concerning.
I'M NOT DEFENDING auctus. I THINK they're JUST AS MUCH OF SCUMBAGS AS THOSE RUNNING THIS SCAM. I REALLY DON'T GIVE 2 SHITS EITHER WAY. FACT IS auctus SHAREHOLDERS ARE PROTECTED AND THEY(TOXIC LENDERS) HAVE THE BEST LAWYERS AND ACTUALLY KNOW WHAT THEY'RE DOING....
ALL THIS BULLSHIT SOLIDIFIES EXACTLY HOW MUCH OS A POS SCAM THIS IS RUN BY LYING GRIFTERS....
STILL HAVEN'T FIGURED OUT WHY THE LOAN WAS WRITTEN THE WAY IT WAS WITH SPECIFIC STIPS???
COME ON man...THOUGHT YOU WERE "SMARTER" THAN THAT????
LOLOLOLOL...YEP, DEFINITELY does NOT change the SCAM in progress. There is NO getting out of a TOXIC loan. I'm 10000000% SURE they in FACT are in cahoots with auctus. Otherwise they would have NEVER got 6m in the first place. ONLY NAIVE RETAIL LOSES AND GET SCAMMED BY ALL THE LYING GRIFTERS....
I'll go EVEN futher and say that 6m DIDN'T all go to some BULLSHIT cad drawing either. So, xti IS MOST DEFINITELY INVOLVED....
A "smarter" person would probably call that an "international conspiracy" though...
WHAT A JOKE!!!
Correction: An even better position. XERI... $$$$$$$$.. LONG!!
I remember 2 of the early advisors had CIA backgrounds. So here's some fodder for all the BS'ers. I see that this 2021 date corresponds with when the loan was given to XERI. Maybe Duffy is undercover for the SEC. LOL. For his work the SEC will allow him to keep the 6 mil. Hell maybe Duffy is an International Man of Mystery. ??
Yeah, Duffy went to a loan-shark to raise $6M.
Duffy is a bullshitter and is a lame CEO.
It looks like XERI is in a even better position. XERI... $$$$$$$$.. LONG!!
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