Xeriant Inc (XERI)

[quester614]

Why don't you point to the 8-K that shows negotiations are still ongoing now that the March 15th deadline has past. The last 8-K clearly states the obligations that XERI hasn't met. Nothing shows XERI and Auctus are still negotiating as they have done in the past. Now the next 10-Q will confirm DEFAULT if NO 8-K is filed before then.

Effective August 1, 2022 (the “Effective Date”), Xeriant, Inc. (the “Company”) entered into an Amendment to Senior Secured Promissory Note (the “Amendment”) with Auctus Fund, LLC (“Auctus”) pursuant to which the parties agreed to amend the Company’s Senior Secured Convertible Promissory Note in the principal amount of $6,050,000 dated October 27, 2021
https://www.sec.gov/ix?doc=/Archives/edgar/data/1481504/000147793222005599/xeri_8k.htm


Effective December 27, 2022 (the “Effective Date”), Xeriant, Inc. (the “Company”) entered into a Second Amendment to Senior Secured Promissory Note (the “Second Amendment”) with Auctus Fund, LLC (“Auctus”) pursuant to which the parties agreed to amend the Company’s Senior Secured Convertible Promissory Note in the principal amount of $6,050,000 dated October 27, 2021 (the “Note”) issued to Auctus. The Amendment (i) extended the maturity date of the Note, the obligation to uplist to a national securities exchange and the acquisition of XTI Aircraft Company to March 15, 2023,
https://www.sec.gov/ix?doc=/Archives/edgar/data/1481504/000147793222009572/xeri_8k.htm