Replies to post #6887 on Xeriant Inc (XERI)

[bluechipjohn]

Stock, keep talking you may have convinced yourself and maybe a few others. I know a turd when I see one, and astro's flying turd grinder is just that.

If someone actually see's value in astro, then they probably lack in mechanical skills, such as using leverage or hang a curtain rod etc.

[Smartypants2]

Stock's statements regarding the XERI/XTI relationship (below) are a bit misleading...

"TriFan has been around for years. Duffy went HALO first. He passed-up a TriFan connection that has needed funding for years. When he lost Halo and having no plane in his aerospace company he needed sumpin' fast."

That's not how it went down AT ALL!

XERI was originally created (under the name American Aviation Technologies) solely around the Halo (in which they still maintain a majority stake of the IP). Once the company executed their reverse merger into a public shell (Matilda & Banjo), they broadened their business model to become a holding company -- and, as such, started looking for strategic investments including other VTOL designs. After analyzing the industry, they decided to pursue XTI which they had always been interested in.

As for this statement...

"Xeriant owns none of TriFan, none, except indirectly currently with just 2% of XTI's outstanding common shares."

...You are mischaracterizing the terms and importance of the XTI JV.
Their binding JV agreement commits them to invest $10 million for 10% of XTI -- including a $1 million upfront payment which was made in conjunction with the signing of the JV. Yes, they "currently" have paid only $1 million, but the true potential of the JV is as a stepping stone they can leverage in pursuit of even larger goals.