Oh, please! XERI didn't owe $10 million to XTI!!! They had the option to invest UP TO THAT AMOUNT AS NEEDED to complete the FAA's PDR (Preliminary Design Review). There is no reason to believe the JV won't still be in effect until a merger is completed. And (as cited endlessly here) there has been NO DEFAULT judgement filed by Auctus on their loan.
News 
Market Data 
Discover 
AI
