They supposedly went into debt to give 5.5 mil in R&D to XTI. So far this has produced NOTHING for XERI!!!! The need to have R&D or this new product is evident since the creators of Retacell couldn't figure out how to create DUFFY's NEW BRIGHT SHINY THING.
They have NO REVENUE for even a down payment for the NEW machinery needed to even produce Nexboard according to Duffy, which is needed for production. This state of the art equipment would have to be created to produce, (more R&D) since NOTHING like this product has ever been produced. How do they know what kind of equipment is needed since they can't even get past producing a test sample for certification???? That comes first before production can start!!!!!!
Xeriant met with manufacturers of specialty machinery needed to produce Retacell and Retacell-based wall panels required to launch U.S. operations
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