Xeriant Inc (XERI)

[Smartypants2]

XERI has a legally binding agreement that gives them 5.5% equity in XTI. The fact that they haven't opted to convert that into shares in a privately-held company while the JV is still in effect is just a meaningless technicality that in no way affects their equity position. Find another nit to pick because this is another losing argument no one should waste another second on.