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Re: quester614 post# 31716

Thursday, 05/09/2024 5:55:14 PM

Thursday, May 09, 2024 5:55:14 PM

Post# of 32263
Correct, I don't accept a stupid conclusion. Xeriant was not in default from the beginning, as I just explained.

Any reasonable person would address the facts of my reasonable explanation, rather than to respond with overarching overriding negation of the entire thing as a scam.

If a scam, why are you debating details!

And if debating details, and detailed replies to you are provided, and provided with reasonable explanation, why do you then not further reasonably discuss details?

I think it's because you've trapped your own logic into resulting exploration you're too afraid to get into.


* The PDR was completed, therefore so was the JV.

* The JV did not mandate the full $10M be paid.

* The JV allowed for budget adjustments.


Mainly however:

* Xeriant's $5.6M of funding had already earned 10% of XTI Aircraft.

* Had Xeriant supplied the full $10,000,000 to XTI Aircraft (via Eco Aero, LLC) Xeriant would have earned just under 30% of XTI Aircraft.

I also several times here previously put forward that:
I think this funding for stock agreement was central reason that Bob LaVell and XTI Aircraft's CFO were let go, as it is a very bad deal for XTI Aircraft. Also likely, as one reason, why Duffy is not appreciated by XTI Aircraft.


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