Xeriant Inc (XERI)

[quester614]

Seems MovyChem is NO longer in the picture. So it only took MovyChem 20 years to develop Retacell. Now Duffy and Crew are going to become chemist to develop their own flame retardent. LOL
Still incomplete S-1 nothing but BS

Might be hard to get investors to buy in on the next offer. Nowhere near as sweet as the F&F got with instant profit.

You will incur immediate dilution as a result of this offering.

If you purchase common stock in this offering, you will pay more for your shares than the net tangible book value of your shares. As a result, you will incur immediate dilution of $___ per share, representing the difference between the assumed public offering price of $__ per share and our estimated as adjusted net tangible book value as of December 31, 2022 of $___ per share. Accordingly, should we be liquidated at our book value, you would not receive the full amount of your investment.


Still don't know what the RS will look like but one is planed!!

Reverse Stock Split
We plan to effect a 1-for-___ reverse split of our outstanding shares of common stock prior to, or upon, effectiveness of the registration statement of which this prospectus forms a part. No fractional shares will be issued in connection with the reverse stock split and all such fractional interests will be rounded up to the nearest whole number of shares of common stock.


The intellectual property relating to our projected principal operations is not under our direct control.
We do not own intellectual property related to an eco-friendly flame retardant required for the production of NexBoard. To mitigate this risk, we are sourcing eco-friendly flame-retardant from several suppliers and formulating our own ecofriendly flame-retardant, which would allow us to eliminate our dependency on third-parties.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1481504/000147793223003041/xeri_s1.htm

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