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quester614

05/10/24 11:12 AM

#31730 RE: Smartypants2 #31728

Lame BULLSHIT. The reason XTI never filed default on XERI which they could have was to let this SCAM develop. They accepted the $310,880 that was all that was contributed through to the end of June 2021. You don't make a down payment that's due immediately over a month after the signing of the agreement.

quester614

05/10/24 11:12 AM

#31731 RE: Smartypants2 #31728

The only way you make this work is by changing the budget and the down payment. Why not just accept what was agreed to and understand the double talk and ambiguous language was all meant to hide what could be done to take your MONEY. This was a SCAM from the start by Professionals Grifters.

quester614

05/10/24 12:49 PM

#31732 RE: Smartypants2 #31728

So just when was the $1 mil deposit made up because by the end of the June budget schedule XERI already owed the JV $1,953, 448. If they needed money why was XTI making these adjustments???? Seems they LOST out on a lot of needed money. One hell of a development Crew that in the first month of progress toward the PDR they already knew they could cut the budget from $1,953,448 down to just $310,880