Replies to post #23992 on Xeriant Inc (XERI)

[quester614]

LOLOL Funny interpretation when you say MovyChem doesn't get jackshit because they have already gotten more from the JV than XERI ever did. All MovyChem was to donate to the JV was the Patent rights in order for XERI to use for what ever they could DREAM UP. XERI NERVER fully funded the JV so they get JACKSHIT and are force to find an off the shelf product to replace the world changing Retacell. In the mean time XERI paid $422975 to MovyChem. So it would seem MC are the ones who came out ahead.



As of March 31, 2023, and June 30, 2022, the Company contributed $307,619 and $115,356 to the joint venture, respectively.

https://www.sec.gov/ix?doc=/Archives/edgar/data/1481504/000147793223003889/xeri_10q.htm

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