This is a $250 mil "deal" with a company - NNC - that does not have that amount of capital and XERI/Movychem that doesn't have a single NexBoard produced nor a facility yet available to produce them.
There is definitely another agenda at work. It's called promoting this POS SCAM. 4 days left to finance the MC JV with toxic loan. Do we hear that has been extended like the BS XTI JV. WHY CAN"T DUFFY FINISH ANYTHING
4 days left to fund the BS MC JV 14 days left when 10-k must come out. What horrors are hiding in it?? 33 days till $6 mil toxic loan becomes due. How will XERI pay this with NO REVENUE. Default means possibly $10+ mil settlement after penalties.