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Tuesday, May 23, 2023 4:26:03 AM
Facts of default are shown in the 10-K, in the 10-Qs, in the press releases, and in combination.
Fact is not assumption.
Fact is not anything close to a claim, of the fact that Xeriant is in default, that it is "highly subjective."
I think you mean Xeriant has left everyone not knowing but having to reasonably deduce and conclude, based upon and with the information Xeriant has provided, along with Xeriant's action of its failures and Xeriant's abandoned projects and partnerships.
We know Xeriant defaulted on its Movychem JV.
We can see Xeriant altered its S-1,
that on its face appears Xeriant mngt as either currently or previously having lied,
thus acting fraudulently.
We can reasonably conclude Movychem is no longer providing Xeriant and their Ebenberg, LLC JV access to Movychem's Retacell and Movychem's IP.
Next New Concept, Inc. will therefore not be purchasing $130M in Retacell infused products other than Nextboard.
Fact. Deduction. Fact.
.
© 2023, by StockItOut
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