Xeriant Inc (XERI)

[Smartypants2]

There's nothing in that text you quoted -- or anywhere in the 10-Q -- to indicate that XERI is thinking of a reverse. In fact, just the opposite!

Just follow my logic here... Wasn't Maxim already committed to raising $100 million for the XTI merger? So, is it possible that we're talking about a totally different advisor (aka investment bank) and a totally different M&A target in addition to XTI?

If so, then (according to that info on the Q), XERI could be contemplating a serious 9-figure M&A play -- in conjunction with an uplisting -- on top of the XTI deal. (Remember those ambiguous references to "advanced negotiations" with "legacy aerospace companies"?)

With an acquisition like that, XERI could be buying itself instant revenue generation and a serious valuation (of the combined entities) that could put the OTC in its rearview mirror!

Therefore...no need for a reverse!

Not sayin' it's a slam dunk...but the puzzle pieces are starting to fall into place!