Xeriant Inc (XERI)

[quester614]

Your understanding is WRONG. AGAIN
Duffy paid 25 million shares to get this 4 day extension. XERI will stii default on this note.

3.19 Failure to Uplist. If, at any time on or after the date that is eight (8) calendar months after the Issue Date,
3.20 Failure to Acquire XTI. The Company fails to acquire 100% of the equity interests of XTI on or before the date that is eight (8) calendar months after the Issue Date.
https://www.sec.gov/Archives/edgar/data/1481504/000147793221007820/xeri_ex41.htm

A. The Company entered into a Securities Purchase Agreement dated as of October 27, 2021 (the “Agreement”) with Auctus pursuant to which the Company issued to Auctus a Senior Secured Convertible Promissory Note in the principal amount of $6,050,000 (the “Note”). Defined terms not defined herein shall have the meaning ascribed to them in the Note.

The references to “the date that is eight (8) calendar months after the Issue Date” in Sections 3.19 and 3.20 of the Note are hereby replaced with “November 1, 2022”.

https://www.sec.gov/Archives/edgar/data/1481504/000147793222005599/xeri_ex101.htm