Replies to post #31716 on Xeriant Inc (XERI)

[StockItOut]

Correct, I don't accept a stupid conclusion. Xeriant was not in default from the beginning, as I just explained.

Any reasonable person would address the facts of my reasonable explanation, rather than to respond with overarching overriding negation of the entire thing as a scam.

If a scam, why are you debating details!

And if debating details, and detailed replies to you are provided, and provided with reasonable explanation, why do you then not further reasonably discuss details?

I think it's because you've trapped your own logic into resulting exploration you're too afraid to get into.

* The PDR was completed, therefore so was the JV.

* The JV did not mandate the full $10M be paid.

* The JV allowed for budget adjustments.


Mainly however:

* Xeriant's $5.6M of funding had already earned 10% of XTI Aircraft.

* Had Xeriant supplied the full $10,000,000 to XTI Aircraft (via Eco Aero, LLC) Xeriant would have earned just under 30% of XTI Aircraft.

I also several times here previously put forward that:
I think this funding for stock agreement was central reason that Bob LaVell and XTI Aircraft's CFO were let go, as it is a very bad deal for XTI Aircraft. Also likely, as one reason, why Duffy is not appreciated by XTI Aircraft.

[StockItOut]

You just quoted XTI Aircraft:

The Agreement and the ancillary agreements expired by their terms on May 31, 2023.

Although Xeriant did not make the full Intended Contribution, it is entitled to receive a pro rata portion of the agreed 10% of XTI common stock it would have received in exchange for its joint venture interest had it made the full Intended Contribution.

Yet, you keep saying Xeriant will get no stock.

Now you also say Xeriant won't get but $330,501 of the full $5.4 Million XTI Aircraft liability that XTI Aircraft states that it owes as liable to Xeriant, Inc.

.

[Smartypants2]

How many times a day are you going to subject us to your conspiratorial ravings?

[Smartypants2]

Had XERI actually been in default from the beginning, why would they make more than $4 million in subsequent payments (which XTI acknowledged! following the initial $1 million? Maybe XTI needed the first $300,000+ ASAP and XERI simply followed that up with the balance of the $1 million deposit?