Doesn't matter who, what matters is that no default was issued by XTI Aircraft. Thus no JV Agreement default, and/or if there was, not an issue without an issuance of a default notice.
Yup, "could have." You sound exactly like SmartyPants2. You make it up and demand it is fact. Good little fascist.
"I still contend the $5.4 R&D money was contributed but little made it to XTI." "Thus completing requirements of the JV and paying themselves handsomely."
Subsequent to raising the 2021 financing (see MD&A), the Company [XTI Aircraft Company] identified and hired a number of engineers (individuals and consultants) who previously served the Company as consultants to establish its core engineering organization. Key individual engineers were transitioned to full-time employment in August 2021. Leading the team is Michael Hinderberger who serves as SVP Engineering and Technology. XTI subsequently expanded its engineering team to approximately twenty-five engineers. The Company also retained consulting firms to provide specialized engineering technical knowledge to complement its in-house team.
A large grift, you say. Go find some proof. Contact those 25 engineer employees and find out if your claim of XTI Aircraft as a scam is a scam. Maybe you'll actually get some proof.
As I've replied often, maybe Xeriant won't get stock. But you have yet to address, discuss, admit, and explain how XTI Aircraft's $5.4M liability to Xeriant fits into your 'Xeriant won't get any equity or stock' theory. Open ears. But every time, you don't answer, you evade it, you just pussyout. Fact!