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Re: quester614 post# 31759

Saturday, 05/11/2024 12:52:13 AM

Saturday, May 11, 2024 12:52:13 AM

Post# of 32103
I would think the SEC might be interested in the fact that these 2 companies are involved in a lawsuit dispute over the terms of the JV agreement and how the stock exchange conversion is calculated. How did XERI expect to complete the terms of a $10 mil JV contract. Duffy couldn't even meet the $1 mil down payment. It's evident they didn't have the ability to even finance the $10 mil JV let alone the $100 mil they PRed they needed for the merger. Seems Duffy didn't have the ability to complete any of that from the start.

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