InvestorsHub Logo

quester614

05/11/24 12:52 AM

#31760 RE: quester614 #31759

I would think the SEC might be interested in the fact that these 2 companies are involved in a lawsuit dispute over the terms of the JV agreement and how the stock exchange conversion is calculated. How did XERI expect to complete the terms of a $10 mil JV contract. Duffy couldn't even meet the $1 mil down payment. It's evident they didn't have the ability to even finance the $10 mil JV let alone the $100 mil they PRed they needed for the merger. Seems Duffy didn't have the ability to complete any of that from the start.

WARNING
XERI-XTI=SCAM

quester614

05/11/24 2:00 AM

#31761 RE: quester614 #31759

Too bad the SEC didn't go back to 2021. Maybe we could have found out just how the XERI R&D money was applied pertaining to the Eco-Ero JV. Hey JD you might want to point this out. LOLOLOL