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Smartypants2

05/06/23 10:24 AM

#23725 RE: quester614 #23724

The conspiracy theories continue! If that constitutes the entire understanding between the parties, then why haven't we heard about a major lawsuit on Movychem's behalf? The JV is based in the US, so don't try to blame it on international laws. The answer is simple: Movychem knows they failed to deliver and they don't have a leg to stand on.
Bullish
Bullish
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StockItOut

05/06/23 8:23 PM

#23736 RE: quester614 #23724

No actual S-1/A explanation is provided to Xeriant's S-1/A claim of Movychem's default of their JV.

It is only a claim. Without any explanation.

A new claim of "development... unsuccessfully", during a time frame that directly contradicts the happenings of "success" during the exact same time frames as stated by Xeriant in Xeriant's previous 10-K, 10-Q, and S-1 financial filings, as well as Xeriant's multiple press releases (PRs) and its pre-recorded 'Conference Call', that all previously stated Xeriant's and the JV's "successful development" of a multi-purpose, high-strength fire- and water-resistant composite panel made from a formulation of Retacell®.

....

Try reading the issue this way.

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