Xeriant Inc (XERI): That is NOT what the JV agreement said!...

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Xeriant Inc (XERI)

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Re: quester614 post# 23500

Sunday, 04/23/2023 9:19:32 AM

Sunday, April 23, 2023 9:19:32 AM

That is NOT what the JV agreement said! $10 million was at the high end of a spectrum of what XTI anticipated might be needed to complete the project. XERI paid the bills on an "as needed" basis -- and then stopped paying once the Preliminary Design Review was completed -- ahead of schedule and under budget.

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