Xeriant Inc (XERI)

[Smartypants2]

The XERI/XTI JV Agreement provided for XERI to own up to 10% equity stake in XTI, depending on how much $$$ XERI invested. Any assumption that XERI can't convert that to shares at the appropriate time is simply absurd.

If anything, the fact that the JV has not been officially terminated would more than likely only strengthen XERI's position. Keep in mind that in SEC filings, INPX acknowledged the fact that XERI
has the ability to kill the merger. That would only be the case if XERI had some strong contractual position based on its $5.5 investment in XTI that was greater than the 3 million of so shares cited in the INPX filing.