Xeriant Inc (XERI)

[quester614]

Because they don't have a certified product. There is a need to establish that Nexboard has a certifiable working formula. If there is a need to modify the formula in order to pass, it would then require a new patent. This is the reason you gave for Duffy getting the PPA. It was in order to "tweek" the formula in order to obtain certification.

The $1 mil down payment that was due immediately is a problem since the committee could not change this. The contract should have reflected the down payment change to $310,880 since it was made before the signing. This will surely be brought up in the lawsuit. It may be the only thing that saves XTI from Duffy taking part of them like he tried to do to HALO. I am surprised MovyChem hasn't sued Duffy for trying to steal Retacell/Nexboard.