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Xeriant Projects Significant Revenue Through Acquisition of European Operations


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SIGNS LOI TO ACQUIRE INTEREST IN STRATEGIC ALLIANCE PARTNER
BOCA RATON, Fla., Dec. 30, 2020 (GLOBE NEWSWIRE) Xeriant, Inc. (OTC:XERI), a new aerospace technology holding company, announced today that it has signed a letter of intent to acquire a significant interest in Xeriant Europe s.r.o. ( XE ), its strategic alliance partner located in Prague, Czech Republic. The share exchange transaction will enable Xeriant to participate in XE s business opportunities and technologies with the purpose of generating revenue within the next 180 days, along with long-term capital appreciation.
Xeriant s strategy of blending current income into our portfolio of technologies allows for a more balanced growth plan. Our main focus in this relationship was sourcing breakthrough products in the Czech Republic so that Xeriant can hold financial interests with high-income potential, stated Xeriant CEO, Keith Duffy. ....

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