Replies to post #31701 on Xeriant Inc (XERI)

[quester614]

Why would it be in XTI financials if it went through the Eco Aero LLC JV??? Seems like all within the power of the Management Committee since you pointed multiple times out how they used 3.3.1.?Any modification to the Budget, as defined herein.

3.1????????????Management Vested in the Management Committee.
3.1.3.????????Open and maintain bank accounts;
3.2???????????Composition of Management Committee. The Management Committee shall consist of five members, three of whom shall be appointed by Xeriant, and two of whom shall be appointed by XTI. The members of the Management Committee shall not receive any compensation in connection with their acting in their capacity as a member of the Management Committee, unless the Parties mutually agree to compensate a member.

3.3???????????Actions of the Management Committee.
3.3.6.???????Any distributions from the JV to its members.