You Never understood that the Auctus loan had nothing to do with the JV. The $10 mil down payment toward the merger or 10% of $100 mil was NEVER FUNDED by XERI. That's what lead to 2 DEFAULTS and ADDED penalties on the Auctus note. Nowhere does the Auctus Note mention any connection to the JV. The pre merger agreement requires that XERI UPLIST to NASDAQ before the merger can complete to ensure that XTI would be listed. That's why Duffy went back to SCAM F&F out of more capital to pay for the JV. You have already said the JV was funded by F&F.
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