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Re: quester614 post# 33492

Monday, 08/26/2024 11:01:17 AM

Monday, August 26, 2024 11:01:17 AM

Post# of 34108
Yeah, yeah, I addressed that previously, to which your answer was crickets and then again your same repeated claim. Like a 7 year old.

You do prove yourself to misread financials, that has been proven, that's all you've proven. And that you argue with what you just called meaningless.


Here's how you can establish your claims, instead of calling it meaningless (that is your new standard means to evade providing reason and explanation):

1.) If no shares, why does XTI say it issued shares to Xeriant?
2.) Why did XTI classify its $5.4M obligation to Xeriant as an equity liability obligation, not a cash liability?
3,) Why was equity shares issued to Xeriant, and not cash, in particular if you're correct that XTI was only to pay cash?
4,) Why was the annual adjustment to the valuation of XTI's equity liability obligation to Xeriant adjusted by the exact same amount that you claim is actually the full entire cash liability obligation, that you claim as obligation was cash only, not equity shares?
5.) Why was no cash paid by XTI to Xeriant for XTI to settle its liability obligation after the JV ran its full term and prior to XTI's merger?
6.) Why was equity XTI shares paid by XTI to Xeriant for XTI to settle its liability obligation after the JV ran its full term and prior to XTI's merger?

They weren't. They aren't. They didn't. (except #6, which did)

But that would mean you're wrong. And multiple times wrong too (which you are).

But maybe you can explain an answer to each above that is correct, and that makes any sense, and that is not another of your lies, or is not you just evading explanation with CRICKETS.

You can't. You won't. Because you're a fraud.

FACT!

"The Company issued 3,342,998 shares (representing 5.4% of our fully diluted outstanding shares as of the joint venture expiration date of May 31, 2023) to Xeriant in exchange for Xeriant’s interest in the joint venture."


XTI Aircraft Liabilities: Xeriant obligation 2021: $5,717,252
XTI Aircraft Liabilities: Xeriant obligation 2022: $5,386,751
Difference = $330,501

Yet you claim the XTI liability obligation to Xeriant was only $330,501.

That $330,501, the exact amount that in reality is the adjustment to the valuation of XTI Aircraft's equity debt obligation to Xeriant.



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