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Thursday, May 09, 2024 5:55:14 PM
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.
© 2024, by StockItOut
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