Replies to post #23961 on Xeriant Inc (XERI)

[bluechipjohn]

Duffy is not lying to the SEC, he would inadvertently drag his brother, Defudis and others down with him. Most people fear jail time, disgorgement and being barred from ever holding positions in public companies.

[Smartypants2]

FYI: SEC filings (such as S-1's, S-1/A's, & 10-Qs) go through a comprehensive approval process that involves lawyers as well as third-party accountants & auditors -- all of whom would be liable for allowing XERI to mislead investors and/or misstate facts. Accusations of fraud need to factor in the reality of the situation and should not be casually thrown around.

[StockItOut]

Oops, Xeriant lied to the SEC. Document-after-document-shows-so. Fact!

Here's some memory lane from Xeriant, Inc. Skank in Chief, Keith Duffy:

"DEC 2, 2020 8:05AM EST
BOCA RATON, Fla., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTC PINK: XERI), a new aerospace technology holding company, announced today that it has signed a strategic alliance agreement with PRAGA Avia s.r.o. (“PRAGA”), a dynamic aircraft design, development, production and maintenance company headquartered in Prague, Czech Republic. The purpose of the agreement is to establish a collaboration framework to potentially evaluate, test and integrate new aircraft technologies, design and develop innovative aircraft concepts, build prototypes, manufacture production aircraft, and open up new markets for PRAGA’s aircraft.

“PRAGA’s knowledge and experience will greatly benefit the development of some of the aviation technologies and aircraft that we are currently involved with. Each project will be the subject of a separate agreement with PRAGA, depending on what is required, and I expect this arrangement to become one of the foundational elements of the company,” stated Xeriant CEO, Keith Duffy."

https://www.nasdaq.com/press-release/xeriant-announces-strategic-alliance-with-dynamic-european-aircraft-manufacturer-2020


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Figure it out:

Xeriant defaulted on Movychem by Xeriant not raising $3M to pay Movychem $2M.

Then Xeriant, boy calling wolf, just claimed Movychem defaulted.

Fake Fkr Keith "The Skank" Duffy.

Nothing in the Movychem JV required Movychem to manufacture Xeriant's filed patent for Nexboard.

Nothing!

....

Just compare the S-1 to the S-1/A, and to previous 10-K, 10-Qs, 8-Ks, and press releases.

Duffy lying, and looking to get indicted.

.