Replies to post #61731 on VirExit Technologies Inc (VXIT)

[SILVERSURFER4263]

buck, they have a need for ANY INVESTOR...READ THE PREVIOUS FILINGS....PAR ISSUANCES....THEY ARE FLAT BROKE AFTER WASTING 500K GOD KNOWS WHERE AS IT DONT SHOW UP ON THE CASH FLOW STATEMENTS.......
anyone care to address that fact?

The Company needs to generate revenues or must raise additional capital, reduce expenses, and curtail cash outflows in order to be able to
accomplish its business plan. In the interim, the Company will continue to borrow funds from affiliates as needed and will accrue for
management salaries and defer certain payments. The Company’s $3,107,136 of total liabilities at November 30, 2021 includes $1,114,207 of
notes payable to a related party and $183,432 of accrued interest, $1,258,493 of accrued payroll expenses due to Company management, and
$48,000 due to an officer of the Company.

[SILVERSURFER4263]

During the year ending August 31, 2021, the Company issued 44,000,000 shares of common stock shares at a par value of $.001 for $44,000
cash, along with a five year right to exercise 44,000,000 warrants at an exercise price of $0.001; 11,055,545 shares of common stock shares at
a par value of $.001 for $497,500 cash, along with a one year right to exercise 5,527,772 warrants at an exercise price of $0.07, eighteen month
right to exercise 5,527,772 warrants at an exercise price of $0.10, and two year right to exercise 5,527,772 warrants at an exercise price of
$0.15; 2,000,000 shares of common stock shares at a par value of $.001 for $25,000 cash

WHERE DID THAT MONEY GO BUCK/OTHERS

[jaiguruji7]

Thanks for responding, appreciate it!! Correct and the $50 million will not be given out by the "BIG GUYS" until they see value, and the fact that they make a big profit as well, so with this is mind I believe VXIT wouldn't have even considered a Reg1A filing if they already didn't have some large contracts from hopefully Airlines, FHH and other industries etc. JMHO