Correct! : "Why would the fact that the PDR was completed, thanks to $5.4 million in funding from XERI, mean that XERI would NOT receive any equity in exchange for its investment? That makes no sense at all!"
Pure Bullshit:
"However, it would make sense that XERI (as a form of collateral) maintain control over the transfer of the TriFan IP until such time as XERI received it's agreed upon equity in XTI /XTIA."
-- Yeah, it makes sense only because Xeriant filed a lawsuit erroneously claiming so. Bullshit, because the JV Agreement is clear as day that Xeriant has never had XTI Aircraft's IP rights, but that only the JV company had access rights that all transfer back to XTI Aircraft upon completion of the JV and its Agreement.
Crazy SmartyPants2 extra effort hyper Bullshit:
"And that's not including any ADDITIONAL compensation XERI would be due for helping orchestrate the merger of XTI and INPX."
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