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Re: quester614 post# 31776

Sunday, 05/12/2024 1:40:09 AM

Sunday, May 12, 2024 1:40:09 AM

Post# of 32072
"I still contend the $5.4 R&D money was contributed but little made it to XTI."
"Thus completing requirements of the JV and paying themselves handsomely."


Subsequent to raising the 2021 financing (see MD&A), the Company [XTI Aircraft Company] identified and hired a number
of engineers (individuals and consultants) who previously served the Company as consultants to establish its core engineering organization. Key individual engineers were transitioned to full-time employment in August 2021. Leading the team is Michael Hinderberger who serves as SVP Engineering and Technology. XTI subsequently expanded its engineering team to approximately twenty-five engineers. The Company also retained consulting firms to provide specialized engineering technical knowledge to complement its in-house team.


A large grift, you say. Go find some proof. Contact those 25 engineer employees and find out if your claim of XTI Aircraft as a scam is a scam. Maybe you'll actually get some proof.

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