Xeriant Inc (XERI)

[quester614]

Right here says they can contribute at their sole discretion any shortfall to the full 10%.
Did you read the JV agreement ???? So far I had to catch you up on the fact LaBell and the CFO could have been paid through the JV. That only CASH can be awarded to XERI for contributions. LOLOLOL

4.3.2 and the Budget, then Xeriant, at its sole discretion, may contribute to the JV any shortfall in the full Intended Contribution, in which case, Xeriant shall be entitled to the full 10%. The resulting interest of Xeriant in XTI is referred to herein as the Pro Rata Share. If the triggering event under this Section 9.2.2 is a Financing Transaction and if such Financing Transaction was not a single closing but a series of closings, then the date on which the Company’s fully diluted common stock shall be calculated is the date just before the first closing of such Financing Transaction.