Xeriant Inc (XERI): MacPherson - The MOU is a little confusi...

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Re: dabullishbear post# 1136

Thursday, 11/02/2017 5:34:18 PM

Thursday, November 02, 2017 5:34:18 PM

MacPherson - The MOU is a little confusing. However the split occurs on the public side. Based on the valuation of the incoming business, the number of shares issued to the incoming business/acquisition, the effective valuation on the current shares is $0.015 or greater. The reverse split will take these to $0.40 per share. The split will occur at the same time as the acquisition completes.

25 to 1 RS. Really??

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