The spreading of False Information really must stop. I understand that Companies and Executives are "fair game" under the IHUB rules, but it's fundamentally wrong.
The Company was shocked (even blind sided) to learn that its predecessor audit firm Cowan and Gunteski had violated PCAOB/SEC rules and regulations governing independence rules. We found out on July 23, 2015 via the PCAOB public censure. We certainly should have been notified by our predecessor audit firm about any ongoing investigations that directly involved Tauriga Sciences, Inc. and specifically issues that could affect Tauriga's ability to satisfy its requirements as a fully reporting company (i.e. File its FY 2015 Form 10K).
The Company is clearly the victim of substantial malpractice occurrence(s). The Company is taking the appropriate and necessary steps to recover the greatest possible monetary settlement for shareholders. There are clearly substantial damages suffered by Tauriga (inclusive of hundreds of thousands of dollars of "out of pocket" cash losses directly attributable to this malpractice).
As for the $80,000 investment that is being referenced, there is no correlation between that and anything having to do with Typenex. To makes this point abundantly clear, the Company wired $230,000 USD to Typenex in early June 2015 to satisfy all obligations under the January 2015 settlement agreement between Typenex and Tauriga. The wire from Group 10 Holdings was received in mid July 2015, a month and a half later. Clearly this $80,000 was NOT used to pay Typenex.
Everything discolsed in our Proxy mailing from July 17, 2015 was 100% accurate based on the information we had available to us on July 17, 2015.
It would be wrong to continue to hurl wild accusations on both me (personally) and well as Tauriga. Spreading materially false information about an executive and or a company is wrong on many levels. Id appreciate if my post isn't removed on some IHUB technicality, as I reserve the right to clarify misinformation spread about me personally or my company.
I hope this helps clarify some issues for everyone.
Sincerely Yours
Seth M. Shaw
CEO, Tauriga Sciences, Inc.
917-796-9926
