I pointed out that XERI contributed at their SOLE DISCRETION. So XTI was NOT responsible for XERI's shortfall in the money donated towards the $10 mil JV commitment. This was done to let XERI continue to supposedly pay into the JV Pro Rata shares on what was called R&D. Knowing that by not making the full $10 mil they had legally NO claim to PRO RATA shares. There NEVER was any intention of XERI owning any portion of XTI which justified what ever means brought us here to the end. I said that from the beginning also. You didn't understand then and I doubt if you can now! “It’s easier to fool people than to convince them they have been fooled” Mark Twain
I'll let the court explain it to you. Sole discretion is what I said was why XERI continued to donate to the JV of their own FREE will 4 years ago and you were to stupid to understand then just like NOW supposedly.LOLOL $5.6 mil was a running tally of what XERI had DONATED to the JV. Without making the full $10 mil was then forfeited for FAILURE to complete the terms of the agreement. XTI even extended the deadline for full payment into the JV. Nothing has changed. XERI never owned any XTI stock and NEVER will.