Xeriant Inc (XERI)

[Smartypants2]

The XTI/INPX merger will prove you wrong...again -- since it can't happen without XERI being well-compensated as a result of its Early Stage Strategic Venture Investment of $5.7 (not $5.4) million -- not to mention what was apparently its critical role in helping orchestrate the merger itself via its relationship with Maxim. As for the $10 million investment in XTI you seem to think was defaulted upon, you've misread that one as well. (So now you're 0 for 3 after the Braverman fiasco!)

$10 million was the TOTAL AMOUNT XERI COULD HAVE INVESTED (IF NEEDED) IN ITS JV WITH XTI...NOT THE AMOUNT IT HAD TO INVEST!!!

If you recall, XTI completed the PDR phase ahead of time and UNDER BUDGET -- so the extra $4.3 million wasn't needed during that 12-month period from May 31, 2021 to May 31, 2022!