Xeriant Inc (XERI)

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Per the 10-K..... it will catalyze this year. Considering holidays, it’s about 1 month. This is gonna be a great run.


“During calendar year 2019 certain notes, loans, accrued interest, and related party loans will be converted to series A preferred shares. During the calendar year preferred shares will also be exchanged for accrued expenses. Certain loans and accrued expenses have been written up or down to the value exchanged according to settlement agreements with certain investors and debtors of the Company. An additional $39,179 of trade payables are converted and accrued in the current year. $620,225 of trade payables will be converted to 25,095 series A preferred shares, $569,991 of accrued interest will be converted to 29,314 series A preferred shares, $691,828 of loans payable will be converted to 59,869 series A preferred shares, $123,141 of loans from related parties will be converted to 11,917 series A preferred shares, $320,730 of convertible loans from related parties will be converted to 18,682 series A preferred shares and $70,883 of other convertible debt will be converted to 14,296 series A preferred shares.”