Xeriant Inc (XERI)

[quester614]

You can't say LaBelle didn't have a banger last year. I just happened to notice this clause that was in Brody's description in the 2021 1K. Seems to back up my claim that Brody wasn't aware of what transactions others were doing and hadn't given consent.

XTI also may be prevented from entering into transactions that could be beneficial to the other holders of the shares without Mr. Brody’s
consent. Mr. Brody’s interests might differ from the interests of other shareholders.
https://www.sec.gov/Archives/edgar/data/1638850/000110465922079281/tm2219432d2_ar.pdf

Compensation of Mr. Labelle
Effective January 1, 2019, the Company entered into a new consulting agreement with Mr. Labelle providing for payments of $25,000 per month through December 31, 2019. This agreement was extended through December 31, 2020. For the fiscal year ended December 31, 2020, Mr. Labelle earned a bonus of $150,000 in cash and received options to purchase 347,518 shares of stock relating to the Company’s fundraising.

On June 14, 2022, Robert Labelle and Sarita Jha left the company.
https://www.sec.gov/Archives/edgar/data/1638850/000110465922077932/tm2213173d1_partii.htm


https://www.sec.gov/Archives/edgar/data/1638850/000110465923080673/tm2317519d2_partii.htm