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XTI Aerospace Inc

XTI Aerospace Inc (XTIA)

2.50
0.02
(0.81%)
Closed April 27 4:00PM
2.45
-0.05
(-2.00%)
After Hours: 6:53PM

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Key stats and details

Current Price
2.45
Bid
2.42
Ask
2.55
Volume
150,030
2.35 Day's Range 2.5652
1.71 52 Week Range 6.3919
Market Cap
Previous Close
2.48
Open
2.48
Last Trade
32
@
2.42
Last Trade Time
Financial Volume
$ 367,414
VWAP
2.4489
Average Volume (3m)
3,090,581
Shares Outstanding
1,935,829
Dividend Yield
-
PE Ratio
-0.11
Earnings Per Share (EPS)
-23.74
Revenue
4.56M
Net Profit
-45.95M

About XTI Aerospace Inc

Inpixon Nasdaq: INPX is the innovator of Indoor Intelligence delivering actionable insights for people places and things. Combining the power of mapping positioning and analytics Inpixon helps to create smarter safer and more secure environments. The companys Indoor Intelligence and mobile app solut... Inpixon Nasdaq: INPX is the innovator of Indoor Intelligence delivering actionable insights for people places and things. Combining the power of mapping positioning and analytics Inpixon helps to create smarter safer and more secure environments. The companys Indoor Intelligence and mobile app solutions are leveraged by a multitude of industries to optimize operations increase productivity and enhance safety. Inpixon customers can take advantage of industry leading location awareness RTLS workplace and hybrid event solutions analytics sensor fusion and the IoT to create exceptional experiences and to do good with indoor data. Show more

Sector
Computer Programming Service
Industry
Computer Programming Service
Website
Headquarters
Carson City, Nevada, USA
Founded
1970
XTI Aerospace Inc is listed in the Computer Programming Service sector of the NASDAQ with ticker XTIA. The last closing price for XTI Aerospace was $2.48. Over the last year, XTI Aerospace shares have traded in a share price range of $ 1.71 to $ 6.3919.

XTI Aerospace currently has 1,935,829 shares outstanding. The market capitalization of XTI Aerospace is $4.90 million. XTI Aerospace has a price to earnings ratio (PE ratio) of -0.11.

XTIA Latest News

XTI Aerospace Files Form 10-K for Fiscal 2023 and Recaps Recent Developments

XTI Aerospace Files Form 10-K for Fiscal 2023 and Recaps Recent Developments PR Newswire ENGLEWOOD, Colo., April 16, 2024 XTI Aerospace Began Trading on the Nasdaq Under Ticker "XTIA" on March...

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy PR Newswire ENGLEWOOD, Colo., March 20, 2024 ENGLEWOOD, Colo., March 20, 2024...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.4-14.03508771932.853.12.311761572.69343144CS
40.7342.44186046511.725.081.7247264003.71954215CS
12-3.51-58.89261744975.966.39191.7130905813.64522434CS
26-3.51-58.89261744975.966.39191.7130905813.64522434CS
52-3.51-58.89261744975.966.39191.7130905813.64522434CS
156-3.51-58.89261744975.966.39191.7130905813.64522434CS
260-3.51-58.89261744975.966.39191.7130905813.64522434CS

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XTIA Discussion

View Posts
StockItOut StockItOut 1 week ago
Much more likely the other way around as the volume occurs in the normal session.

Gaps near always get filled.
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Jimmy Joe Jimmy Joe 1 week ago
My grandma had a gap, but Ma never reverted to granny.
After hours goes up after being manipulated down.
I don't believe in gaps. Just me............
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StockItOut StockItOut 1 week ago
That's where the gap is.
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Jimmy Joe Jimmy Joe 1 week ago
but looks like it's headed back to $2

Psssst, keep hoping. 🤣
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StockItOut StockItOut 2 weeks ago
Neither, but looks like it's headed back to $2.
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Jimmy Joe Jimmy Joe 2 weeks ago
Short this ticker~? Oh well.
😂 1 🤣 1
StockItOut StockItOut 2 weeks ago
Wow. You're a hero. Good job saving the world like a socialist leftie you hate. You're an asset to the iHub community!

You'd say it, "Your a hero."
And, "Your an asset."
But google translate helps us lefties (lol) interpret newbie socialist converts like you. Thanks for signing up to save the world.

ditto lol.

maybe better to keep the XERI topics on that board. The XTIA topic to this board.
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quester614 quester614 2 weeks ago
XERI is tied to XTI and I told you only have 3 post on XERI. New XTIA investors need to know this is a 12 year old SCAM also.
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StockItOut StockItOut 2 weeks ago
But you're here at XTIA board thinking its the XERI board, to help newbie XERI investors as you root for another's failure.

emotionally disturbed magademnnut
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quester614 quester614 2 weeks ago
I gave your opinion some respect in the beginning before I realized what a left wing AH you are. I was pointing out things about this SCAM that you couldn't see. Right then I DUPED you into holding while I dumped my shares. You were so easily manipulated. I now understand why you have stayed in this POS.

I remember one of those saying I felt bad because I was going to expose this SCAM for what it was. Now I glad you didn't listen and stayed in.
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StockItOut StockItOut 2 weeks ago
"listened to what I was putting out." You first wrote to me via private message asking for my assistance with my opinion about Duffy and Xeriant, if something was off. You were duplicitous. without mention you were selling. Now you're on the XTIA board about it. You've won. And you act like you've lost huge demanding respect that's right there for you at home.
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quester614 quester614 2 weeks ago
I made that because I spotted all the tells of this SCAM. Still think it's about you and debating your DA. No it's still about showing what a SCAM this is for those that listen to the PUMP on this board. Have stayed here because the more insults you and others hurled only made me more determined to prove I was right about this SCAM. Yea lets see how great you are when you lose your ass here. Oh wait that's already happened. Maybe you should have listened to what I was putting out. You might not have become such a big loser.
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StockItOut StockItOut 2 weeks ago
No, I say it because you appropriate, and come off like you came up with ideas and understanding that you then use to claim how great you are. A true chump.

You never said Xeriant would get any equity. See how you change up? You said stock. I said equity.

You're a nut man. You tell me off, yet then still want to debate a contract clause.

You won $1M here on XERI, and you're still losing. Check yourself dude.

Kiss your wife, and be thankful.
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StockItOut StockItOut 2 weeks ago
Right about what? What is it you need to win to be right about?
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StockItOut StockItOut 2 weeks ago
I know how to read and understand Section 5,2.

You read it and make sh't up from it.

You don't even know XTI Aircraft owes Xeriant $5.4 Million dollars.

You don't even know XTI Aircraft has stated it owes Xeriant $5.4 Million dollars in its stock.

Being a financial liability, cash works too.

In this case the equity = cash.

Whether XTI Aircraft pays its liability... that's where you come in. But you ignore everything else. Too proud to think.

Fact.
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quester614 quester614 2 weeks ago
You were the one that had to try and elevate yourself by saying you point this and that out first. When most of the time it was BS since I've been saying this is a SCAM for 2 1/2 years. When I started saying XERI would NEVER get any XTI equity. Cash is not XTI equity. They will never get any of that from XTI either. You finally understand I was correct and now also call this a SCAM with exceptions. LOLOLOL I brought DD to back it up that you admitted exposed this SCAM. What have you added other than your lame interpretations thinking you're the only one that can correctly interpret the ambiguous wording in XERI filings.

With all the changes you claim were made to the JV contract to make your lame successful senario true. How could anybody not think they were DUPED into believing a bunch of BULLSHIT. OH that's right you think it's a SCAM except for the XTI JV.
Like this clause that was inserted but had no bearing on how this dispute was to be settled. Like all the other clauses of the JV that was to give the investor the ability to evaluate the risk. How can that be done when so many changes are made. Could it be because it's a SCAM???? REDUNDANT I guess Duffy couldn't win in arbitration and by no means drag this out as long. Why didn't XTI ask for it, they knew they would win in court. Neither ask for it because they are working together to drag this out. XTI had to do something for Duffy to earn their money.

8.3????????????Mediation and Arbitration. Any Dispute that is not resolved through section 8.2 shall be, upon the demand of either Party, subject to a non-binding mediation proceeding before a mediator in accordance with the American Arbitration Association (AAA) Mediators Model Standards of Conduct with such mediator to be agreed upon by the Parties. If a mediator is not agreed upon or if mediation is not successful, the matter shall be settled exclusively by arbitration, conducted before a single arbitrator mutually selected by the parties, in the State of Delaware, in accordance with the rules of the AAA then in effect. If the Parties are unable to agree on a single arbitrator, each Party shall select an arbitrator and the two arbitrators selected by the Parties shall select a third arbitrator. If three arbitrators are selected, they shall act by majority vote. Judgment may be entered on the arbitrator’s award in any court having jurisdiction. Each Party shall bear their own costs and expenses of any such mediation or arbitration proceeding and shall split evenly any common costs; provided, however, that if the dispute concerns the issue of default as defined herein by one party, the non-prevailing Party (as determined by the arbitration) shall pay for all of the prevailing Party’s costs and expenses, including legal fees relating to such mediation or arbitration proceeding.
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quester614 quester614 2 weeks ago
We'll see soon enough who is right about this POS. I told SP way back when we bet that cash was not the same as equity. That was for your DA benefit since you need help understanding that fact.
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quester614 quester614 2 weeks ago
Itis a big deal since they were in DEFAULT from the beginning.
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quester614 quester614 2 weeks ago
No I back up my claim that you don't know SHIT CS
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StockItOut StockItOut 2 weeks ago
Didn't realize we're competing. I don't care if Xeriant receives its stock for XERI stock price purposes, as you incorrectly impose and presume, that's only your claim, trying to make yourself a bigger a whole, your central concern.

I know what XTI Aircraft's liability to Xeriant is, cash or stock equity, one in the same for this liability to be satisfied.

That fact, you refuse to acknowledge.
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StockItOut StockItOut 2 weeks ago
Right, you're still asking, you don't know. Financials for both companies show a lessor initial payment was made by Xeriant to the JV. Big deal. Small issue you make as if a big deal, but only to claim nefarious action you still only guess about as fact.
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StockItOut StockItOut 2 weeks ago
You had to 'school me' by looking it up first. LOL. Hateful C!

Cash for stock. In this deal interchangeable. Stock liability as cash equivalent, and if no stock provided then cash equivalent as XTI's liability.
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quester614 quester614 2 weeks ago
You are the one who doesn't know the DIFFERENCE between CASH & EQUITY. Not the first time I have had to school you. Soon to get a good lesson on how this SCAMs was run by Duffy & CREW when they lose the lawsuit and end up with NOTHING

What Is the Difference Between Cash and Equity? The difference between cash and equity is that cash is a currency that can be used immediately for transactions. That could be buying real estate, stocks, a car, groceries, etc. Equity is the cash value for an asset but is currently not in a currency state.
https://www.investopedia.com/terms/c/cash-equity.asp#:~:text=What%20Is%20the%20Difference%20Between,not%20in%20a%20currency%20state.
Cash or currency
What is currency in simple words?
Money in the form of paper or coins, issued by a government and accepted at face value, is known as currency. In bartering, goods and services were exchanged directly for other goods and services . Currency has replaced bartering as the primary means of exchanging goods and services in the modern world.
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quester614 quester614 2 weeks ago
Talk about giving up. I'm closer to seeing the end of XERI after they lose the XTI lawsuit than you are to XERI getting any XTIA equity
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quester614 quester614 2 weeks ago
Was the $1 mil down payment made or was it adjusted to a lesser amount. Was the monthly budget amounts adjusted. I understand that. Cash is not equity in a company but a country.
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StockItOut StockItOut 2 weeks ago
equity is cash



Again, you seem to misunderstand Section 5.2 of the JV Agreement.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174236679
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quester614 quester614 2 weeks ago
Your right you didn't point out letter. Instead it was written consent which I just took would be in the form of a letter so as to have concrete proof of the reason for the actions. In case it ever went to court. LOLOL

That's right if they did send the letter of default for not making the $1 mil that was to be made immediately game over for XTI.

Still avoided the part that XTI was NEVER to receive any equity but only CASH for their contributions.
Just another change to the agreement. LOLOL

5.2.???????????Further Contributions, Interest on Capital, JV Percentages and Withdrawal of Capital Contributions. There shall be no required capital contributions other than as expressly set forth in this Agreement. No Party shall have the right to make voluntary capital contributions to the JV, other than as expressly set forth in this Agreement, without the prior written consent of the other Party. There shall be no interest payable on any capital contributions made to the JV. No Party shall have the right or power to (a) withdraw or reduce such capital contribution except as a result of the dissolution of the JV or as otherwise provided by law, or (b) demand or receive property other than cash in return for its contribution.
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StockItOut StockItOut 2 weeks ago
I haven't said so. I said the JV Agreement says so.

We don't know what actually occurred. We do know that the contract allowed them to make changes, and, we see that changes occurred.

"Speaking of letters..." Well, we weren't.

What is apparent: you completely evaded addressing the basic fundamental logic I set forward in my post, as was my solid reply to your silly accusations. Evading is what fuels your conflicting and fabricated scenarios.

As to 7.1, did XTI Aircraft issue a letter of default to Xeriant? If not, it's yet another non-issue you make issue out of.
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quester614 quester614 2 weeks ago
You have inside information that this letter was accepted by XTI. I doubt that would happen. Speaking of letters you never addressed if XTI was to send a letter of default to XERI for not making the $1 mil downpayment would this be common knowledge. Or how the agreed down payment was changed before Duffy signed it. Not a lawyer but that seems ridiculous.
Just because you say its so doesn't mean shit to me. This won't be settled til XERI is done. Which won't be long once the XTI case is dismissed. You already admit Nexboard is part of this SCAM.

Limit to 3 post on XERI


7.1????????????If Xeriant defaults on, or otherwise fails to make, the contributions contemplated in sections 4.3.1 or 4.3.2 of this Agreement, XTI shall issue a written notice of default as provided in section

11.11 of this Agreement. Such notice shall provide not less than fifteen (15) days to cure any default. If Xeriant does not comply with the notice to the satisfaction of XTI, XTI shall have a right to terminate this agreement. Upon such termination, Xeriant shall be entitled to receive its Pro-Rata Share.
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StockItOut StockItOut 2 weeks ago
You're confused.

You state, "the funding does not state that it went toward the JV as I have argued."

You also in your same post cite from XTI Aircraft SEC-filed financials: "As of June 30, 2022, the Company received $5,407,580 in funding from the JV." Funding from the JV only came from Xeriant.

You generally also deny that XTI Aircraft claims it has a $5.4M liability to Xeriant.


It appears that somehow in your mind you've created a scenario that denies facts, and that counters your other created scenario too.


You also state, "I have argued that a portion of the money went to the departed CEO & CFO." A theory you call fact. A theory that you leave unsupported by any factual findings. A theory unsupported by XTI Aircraft's financial filings.

.
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StockItOut StockItOut 2 weeks ago
No, my post was about SP2 as the most idiotic statement poster, who suggested you out did him.

How would I give a BS answer to 5,2 if I was not discussing Section 5.2 of the JV Agreement?

Seems you like to draw people into specific discussion by accusing them of not discussing the new topic you raise.

As to 5.2 all your questions about it suggests and shows 5,2 confuses you.

You don't seem to understand the meaning of what Section 5.2 states. First you have generally cited a phrase, but leave off the final third of the same phrase statement, "... without the prior written consent of the other Party." There shall be no required capital contributions other than as expressly set forth in this Agreement. No Party shall have the right to make voluntary capital contributions to the JV, other than as expressly set forth in this Agreement, without the prior written consent of the other Party.
The first sentence of 5.2 states that $10M funding is the maximum, and as funding is all and maximum that the JV Agreement legally requires.

That's right! 3.3,1, they, as the Management Committee could agree to change the budget (and delivery, timing, of the budget); exactly what you have ad nauseam claimed they could not do.

3.1.1 likewise allowed Management Committee agreement to change the budget, funding timing, allocation, etc.
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quester614 quester614 2 weeks ago
I have not argued that $5.4 mil wasn't spent. The difference is that the funding does not state that it went toward the JV as I have argued and no XERI filing states money went toward the JV. Instead you have claimed the R&D money was payment to the JV. I have NEVER said that XTI didn't get the $5.4 mil just what they did with it.I have argued that a portion of the money went to the departed CEO & CFO. Seems LaBelle and the CFO could have been put on the payroll.

3.4???????????Appointment of Personnel. From time to time, the Management Committee may employ individuals (who may also be employees of a Party) or consultants to provide services to the JV including engineering and accounting on terms and conditions established by the Management Committee (including receipt of compensation) and as permitted in the Budget.

May 31, 2023. As of June 30, 2022, the Company received $5,407,580 in funding from the JV.
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quester614 quester614 2 weeks ago
Is this your BS answer to 5.2 which states that no party can reduce the capital contribution. I agree that modification to the budget are allowed. Which could describe multiple actions. How the capital is allocated. In the order the projects are approached. A number of budget parameters can be changed. Although 5.2 states clearly that changing the capital contribution is the one change that is not allowed.
Also you have also failed to explain how the committee change the signed budget before there was a signed JV where Duffy states the $1 mil was paid.

Does 5.2 also state that XERI would have NEVER had any kind of equity in XTI and can only be paid only in cash in return for their contributions???? XERI was never to get any XTI stock to start with. Could this mean LaBelle did protect XTI from XERI ever having any control over XTI like I have said from the beginning.

3.3.1.???????Any modification to the Budget, as defined herein.

3.5???????????Budget. Attached as Exhibit D is the budget for the preliminary design of the Aircraft (the β€œBudget”). The Budget may be revised, from time to time, upon approval of all of the members of the Management Committee.

5.2.???????????Further Contributions, Interest on Capital, JV Percentages and Withdrawal of Capital Contributions. There shall be no required capital contributions other than as expressly set forth in this Agreement. No Party shall have the right to make voluntary capital contributions to the JV, other than as expressly set forth in this Agreement, without the prior written consent of the other Party. Therehave failed to address that Duffy shall be no interest payable on any capital contributions made to the JV. No Party shall have the right or power to (a) withdraw or reduce such capital contribution except as a result of the dissolution of the JV or as otherwise provided by law, or (b) demand or receive property other than cash in return for its contribution.


Already addressed years back, so wouldn't matter what I cited and told you.
You just maga revision it, and ignore what does not fit your conclusion that ignores facts.
That's a nut job.
3.3.1 mtfkr


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Jimmy Joe Jimmy Joe 2 weeks ago
Why the GIANT GREEN candle on the chart in APRIL Glenn1919. Hollow candles following too. Is that supposed to mean something~?

😆🤣😅😂😺😸😹😅🤣😂😆

Two week window starts Monday. Pattern~? Maybe.......
😂 1 🤑 1
Jimmy Joe Jimmy Joe 2 weeks ago
ORTEX and FINRA data is useless when it comes to shorting.
Naked shorts just go to the DTCC CNS program and "borrow"
exempt shares, as many as they want to flood the market and many tickers
with fake trades.

Scared~? Buy a great big dawg.
💯 1 😂 1
glenn1919 glenn1919 2 weeks ago
XTIA.................................https://stockcharts.com/h-sc/ui?s=XTIA&p=W&b=5&g=0&id=p86431144783
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StockItOut StockItOut 2 weeks ago
You mean he broke your record?
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quester614 quester614 2 weeks ago
NONE How many do you have stuffed into those bags you're carrying. I'll try to make another post for you to share since you seem to find them worthy of repeating. LOLOL.
🤪 1 🩳 1
Jimmy Joe Jimmy Joe 2 weeks ago
How many shares short~? Accumulation ongoing where intraday lows come in then go up after market hours.

Hhmmmmmmm

Odd..........
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Smartypants2 Smartypants2 2 weeks ago
You've just set a new IHub record for the most idiotic statements in a single paragraph.
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Jimmy Joe Jimmy Joe 2 weeks ago
Some are loading $XTIA it seems. Why are shorts so worried~? Seem that way to me.

Keep spewing nonsense.

Just saying.........
💚 1 🤑 1
StockItOut StockItOut 2 weeks ago
Seems you don't understand Xeriant's lawsuit demands that XTI Aircraft pay the $6M Auctus loan Note.

I just addressed and answered your ad nauseam again repeated demand, now again made in reply to my previous post that addressed and answered your ad nauseam again repeated demand (round n round): To Xeriant not demanding their $5.4M and/or XTI Aircraft shares, I told you already...:

Xeriant via its lawsuit is demanding XTI Aircraft to pay Xeriant's $6.05M loan Note from Auctus, so Xeriant does not want any XTI Aircraft shares or $5,4M liability satisfying payment (yet). Xeriant is working to get it's equivalent valuation of owed XTI shares or its XTI-owed $5.4 in another manner: by seeking court order for XTI to pay Xeriant's $6.05M Auctus Note, if not its multiple Note default penalties too.

Correct, Xeriant's Complaint has not directly sought XTI shares or $5,4M payment from XTI Aircraft.

Even if no shares are distributed to Xeriant by and from XTI Aircraft, you do understand XTI Aircraft has stated in multiple of its SEC financial statements (Inpixon having done the exact same) that XTI Aircraft is liable to Xeriant in the amount of $5.4M. You understand and agree right? Fact, right? XTI Aircraft stated so, correct? .... .... crickets..... ..... crickets.....

And if $5.4M is not paid to Xeriant (money or equivalent value shares) as you claim will never occur then we'll see this fraud further splayed for all to consider. But the lawsuit forcing XTI Aircraft to pay the Auctus Note appears to be Xeriant's current angle.

.
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quester614 quester614 2 weeks ago
So Duffy was able to come up with $2.7 mil on his own to fund the first Q of the JV. Even after stating that it was evident that XTI lacked commercially viable engineering drawings or designs he STILL goes and secures a $6 mil TOXIC loan on Nov. 8 2021. Which leaves me wondering why take the loan in the first place and what happened to the leftover loan money. Only $2.7 of the $6 mil might have gone to the JV.



XERIANT/XTI JOINT VENTURE
At the conclusion of September 2021, Xeriant had invested $2,761,006 in the development of the TriFan 600, as outlined in the Joint Venture Agreement. Exhibit B, §§ 4.3.1, 4.3.2.
By this juncture, it became evident that XTI lacked commercially viable engineering drawings or designs for the TriFan 600. The designs possessed by
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quester614 quester614 3 weeks ago
So how long will it take for XERI to get their XTIA shares????????? The JV ended on May 31 2023 so what's the hold up??????? You have said that the lawsuit has nothing to do with the Pro Rata shares. So WHERE THE F*** are they, acknowledge that. LOLOL That's as bad as SP2 saying XTIA owes Auctus. XERI already lost the BS lawsuit against Auctus. Auctus already owns XERI because they're not worth $10 mil to start with anyway.

TIC TOC April 10 is here
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StockItOut StockItOut 3 weeks ago
Even XTI Aircraft and Inpixon think XTI Aircraft legally owes Xeriant $5.4 Million dollars, as pre-merger 3.3 million XTI Aircraft Company shares. You have never acknowledged this. Why? It Fs with your magadem "probably"s, so you just ignore this glaring fact.

As to Xeriant not demanding their $5.4M, or shares, I told you already. But here you magadem again. I'd think Xeriant is attempting to get XTI Aircraft to pay its $6M loan Note from Auctus, so it does not want any XTI Aircraft shares or payment... yet.
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StockItOut StockItOut 3 weeks ago
I see, "probably." Made-up just like SmartyPants2 does.
ah the magadems
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quester614 quester614 3 weeks ago
If the 2 previous BS lawsuits XERI filed which were both dismissed after about 40-45 court references Courts probably know when a case is being dragged out with stupid BS.

It is the length of comparing the 41 and 45 court occurrences and the same place the XTI case is at now. We will know tomorrow if I am correct again. When is the XTIA stock that you claim is owed to XERI going to be transferred?????? I remember telling you this was a SCAM and that would never happen 2 1/2 years ago. I said LaBell would have made sure to protect XTI from XERI ever having any control over XTI, REMEMBER????? The JV ended May 31 2023 so what is taking so long. This is the one part of this SCAM that you still think is real after 4 years of NOTHING from XERI but increasing the OS by over 400 mil and a TOXIC AUCTUS loan. Which they now owe more than $10 mil with penalties.
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StockItOut StockItOut 3 weeks ago
yeah, but what specific set precedence time in this case? something you made up again?
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quester614 quester614 3 weeks ago
Oh no you got me. LOLLOL Should have been president followed by a common. Sorry that was SOOOOO confusing for you.

president
Definition: An earlier event or action that is regarded as an example or guide to be considered in subsequent similar circumstances.
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StockItOut StockItOut 3 weeks ago
What is "set precedence time"?

And, what is the "set precedence time"?
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