Xeriant Inc (XERI)

[StockItOut]

10-Q does-not-confirm TMF Corporation is a "valued strategic investor."


Xeriant's March 8th, 2023 Press Release quoted Xeriant, Inc. CEO Keith Duffy with statement regarding TMF Corporation that "TMF Corporation is one of our valued strategic investors and we’re excited to finally collaborate to unlock their capabilities as we set out to begin the manufacturing of NEXBOARD™,” said Keith Duffy, CEO of Xeriant. https://www.globenewswire.com/news-release/2023/03/08/2622993/0/en/Xeriant-partners-with-TMF-Corporation-for-NEXBOARD-test-production.html

And yet, In Xeriant's 10-Q released two and a half months later on May 22nd, 2023, Xeriant provides zero mention of a new investor, or of any new investment funding from any investor.

The 10-Q has zero mention of TMF Corporation, zero mention of any subsequent events, nada, zip, just more zero. https://www.sec.gov/ix?doc=/Archives/edgar/data/1481504/000147793223003889/xeri_10q.htm

It does in fact appear that TMF Corporation is not an investor in or of Xeriant.

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