InvestorsHub Logo
Followers 13
Posts 5891
Boards Moderated 0
Alias Born 10/07/2017

Re: Smartypants2 post# 23508

Sunday, 04/23/2023 12:22:34 PM

Sunday, April 23, 2023 12:22:34 PM

Post# of 33032
I'm sure that XTI and XERI understood exactly what the terms of the agreement were. That's why those terms were HIDDEN in the REDACTED EXHIBIT D Business and Budget and NO TERMS explaining what was to be accomplished in Exhibit B (XTI Service Agreement) or Exhibit C ( XERI Service Agreement) or what the funding would pay in order to complete preliminary design.

Which by the way had the new GE catalyst motor in that preliminary design now after the supposed completion of the ( reason not all 410 mil was paid) the design has been changed to using "The TriFan 600 will initially be certified with two reliable turboshaft engines," meaning a design change therefore preliminary design still needs to be done.

BTW there is NO NEWS ON XTI WEBSITE ABOUT ANY XERI/XTI MERGER ONLY XERI'S
Things that make me go HUM?????


https://www.xtiaircraft.com/cm/blog/343-engineering-update-august-2022

YOU HAVE BEEN WARNED
TIC TOC
Bullish
Bullish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent XERI News