Interesting. Previously Xeriant was accessing Movychem through Xeriant Europe. Yet based upon this statement Xeriant Inc (USA) is in direct negotiations with Movychem, when negotiations and arrangement with Xeriant Europe has been placed on hold (whatever 'put on hold' in fact means).
As speculated previously, maybe Xeriant Inc. encountered a less agreeable Xeriant Europe, and has resulted in Xeriant Inc. going to and directly negotiating with Movychem as means to bypass Xeriant Europe and solidify direct relationship. Or, Xeriant Europe is still in the picture, yet needs and relies upon Xeriant Inc. to 'get it done.' Xeriant Europe had the Movychem connection, was previously PRed. We're seeing Xeriant take that lead now, or, is in direct competition with Xeriant Europe for Movychem alignment.
note: not posted asking for a lesson, but posted as ideas for discussion.