1 1/2 years ago we heard that they had 35000 homes to build that would be starting early in 2023. Along with more false claims of coming REVENUE. Just like other false claims of coming revenue. Now they are breaking ground in a few months and NO Nexboard certification as of yet. Simply ridiculous to think that Nexboard production can scale up to meet those needs by the end of the year. No manufacturing facility to even make the needed BS pilot program with. Remember specialized equipment according to XERI has to be designed to produce the fictitious Nexboard
4 YEAR OF ZERO REVENUE
BOCA RATON, Fla., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTCQB: XERI) (“Xeriant” or “the Company”), a company dedicated to the discovery and development of advanced materials and technology, recently signed its first major Letter of Intent (“LOI”) with Next New Concept (“NNC”) for the purchase of up to $130 million of Xeriant’s Retacell®-based wall panels, for a 35,000-unit residential development project in Africa, anticipated to be completed within five years.
NNC has now expressed interest in acquiring additional building products through Xeriant, including doors coated with Retacell®-infused paint. The project between NNC and Xeriant could now generate more than $250 million in revenue for Xeriant beginning in 2023.
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