Xeriant Inc (XERI)

[Smartypants2]

A default requires the filing of a judgement in a court of law. There is no SEC filing that used the past tense, stating that XERI defaulted. Companies miss deadlines all the time without being declared in default -- especially if the other party has agreed to an extension OR is also required to live up to certain contractual responsibilities...OR if the parties are in active discussion/negotiation regarding the payment amount or deadline.