The S-1 is not what MovyChem agreed to. Show where in the original agreement where MC was to supply XERI's trademarked product Nexboard. This statement isn't a lie it's just something MovyChem wasn't obligated to make. It's all in the details and won't be found with made up reading between the lines.
"However, since the announcement date, the Movychem JV has been unable to fabricate 48" x 96" Retacell®-infused panels with the quality demanded by Xeriant and its clients."