LOL! "Succeeds or fails" promoters get-the-last-laugh.
That sounds stupid. I'll take that laugh right now.
It reminds me of the idiotic notion that the Next New Concept, Inc.'s "deal" with Xeriant is:
1.) not what it actually is, a 9-month-old non-binding Letter of Intent.
2.) the $250M LOI includes $120M for additional Retacell products through the Movychem JV. Xeriant has defaulted on its Movychem JV. This is factual.
How's that $250M "deal" going to work without $120M of additional Retacell products? It won't.
3.) Xeriant has provided zero evidence to its claim that Movychem violated (defaulted on) their JV. -- In fact, the evidence is plentiful that shows Xeriant in default of the Movychem JV, three times defaulted and twice extended with penalties too. -- And, we see Xeriant's S-1/A claims that counters Xeriant's previous SEC filings, suggesting Duffy and Xeriant's Board and its CFO, even Xeriant's 10-K auditor, have fabricated SEC-filed information either previously, or, Xeriant has currently fabricated claims in its current S-1/A.
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