Mr. Duffy said he had some announcement/s to make towards the EOM, at least give that a chance before you condemn this company.
Xeriant cannot compete with the brand name and like many aviation companies $XERI will fail in the commercial marketplace.
it's not like Xeriant has to push a chain up a hill.
If you look back at recent history and the 2019 Chapter 11 of Bristow Helicopter (services provider not a manufacturer for the sake of clarity) you'll understand the runway (forgive the expression) needed for a manufacturer to sell into the services market makes it very difficult for a new entrant with no brand recognition to succeed.
But its fun watching the hubris and ongoing dilution.
Think is was XTI (LaBelle) who mentioned news end of the month they coukdn't quite (weren't ready to) announce yet. I got the impression subject to another party for whatever reason. I don't remember Duffy saying anything about news. News development is probably XTI related, and give room for it announced next month is my expectation. Duffy may have his own news to relay. And of course, XTI news may have little bearing upon Xeriant.