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quester614

02/14/24 2:50 PM

#30711 RE: quester614 #30710

Now we find out the mystery company that XERI was using for their R&D. Why was this creation of this new subsidiary not PRed by Duffy.

Research & Development Expenses are accounted for through BlueGreen Composites, LLC, which was formed on August 7, 2023. All research and development expenses were related to the production and distribution of sample NEXBOARDs for presentation to potential customers.

Xeriant Forms BlueGreen Composites to Make Sustainable Nexboard Building Panel

Company names Tom Fitzgerald Jr. vice president of composites manufacturing
Xeriant Inc. announced on Aug. 8 that Tom Fitzgerald Jr. has joined the company’s new subsidiary, BlueGreen Composites, as vice president of composites manufacturing.