Replies to post #1136 on Xeriant Inc (XERI)

[PhenixBleu]

That is one interpretation. The table includes this public company's shares in its calculations.

The R/S only applies to the private company.

[meitze]

MacPherson - The MOU is a little confusing. However the split occurs on the public side. Based on the valuation of the incoming business, the number of shares issued to the incoming business/acquisition, the effective valuation on the current shares is $0.015 or greater. The reverse split will take these to $0.40 per share. The split will occur at the same time as the acquisition completes.

25 to 1 RS. Really??