Replies to post #23499 on Xeriant Inc (XERI)

[quester614]

RIGHT from someone who doesn't know his left from his right. Seems clear there was a $10 mil commitment to be paid with in a year. Nowhere does it say that is a variable amount

The Agreement was effective on June 4, 2021, with an initial deposit of $1 million into the JV. Xeriant’ financial commitment is $10 million, contributed over a period of less than one year, as required an aircraft development timeline and budget.

https://www.sec.gov/Archives/edgar/data/1481504/000147793221003919/xeri_8k.htm

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