Nope! Defaults occurred, previously penalties issued, re-worked default extensions occurred.
Multiple Xeriant SEC filings clearly state these defaults, and penalties, and previously re-worked Auctus Note and Movychem JV.
Six Xeriant defaults in total now.
Three defaults on each the Auctus Note and the Movychem JV.
No extension or re-worked terms on each the third default on March 15th, 2023 of the Auctus Note, and of the Movychem JV.
Previous twice re-worked terms to extend each the Auctus Note and the Movychem JV does not negate each and both the current March 15th, 2023, Xeriant defaults.
Over a month later today, today, April 18th, 2023, no extensions, no penalties.
Just two additional March 15th, 2023 defaults without a word from Keith Duffy or Xeriant's Board, or Xeriant's independent managers.
Just simple clear 3rd time default on each the Auctus Note, and the Movychem JV.
SEC filings confirm.
Facts.
.