1. Stating that the lack of independence benefitted Cowan and Tauriga is absurd, it was a mistake. That mistake, and Cowan's subsequent actions have not benefitted anyone. Just like stating the Pilus was a scam, the lawsuit has no value and the rules do not state that an auditor has a duty to communicate to a client a breach of independence as soon as possible is absurd,stating that this mistake benefitted the auditor or Tauriga is absurd. It has probably caused Seth more stress than he has had in his entire life. What else is absurd is insinuating that Seth has a quid pro quo arrangement with Group 10. The whole mitigation angle is absurd as well, and as this case unfolds that will become evident.
2. I do not have restore credibility. just like I did not have to show the rules that some stated erroneously did not exist I don't have to tell anyone Indont know on here why TAUG is not a shell. IF it isn't enough for you to believe a long time Securities attorney I would suggest you dig into the rules a little deeper. You could have easily found the rules of the New Jersey Board of Accountancy, through the AICPA rules, which also the PCAOB and SEC rules insofar as auditors. Looks like I was well served having a very good friend that not only was a lead auditor on an audit committee of a company that does over 15 billion in sales, but also spent 10nyears auditing public companies.
3. Sure I will ask.
4. Do you know how the product came about. maybe distributors want it white labeled. maybe distributors have input from retailers on colors of packaging, caps and labeling. I know in our stores the few things that are white labeled have whatever branding my father wants on them.
5. Yes, I am surprised you are speechless. Samples are for company use only as various sizes and containers are being evaluated. The product is effective, I believe there is a demand for it and I will certainly assist the COMPANY as much as I can with distribution outlets in addition to the ones they already cultivated and lined up. If the product launches in the second quarter it will be a great achievement.
I don't think the company would have taken any effort away from the lawsuit or a potential M&A unless all signs pointed to a very good result. You never know unless you try though right. What is it Gretzky stated, "you miss 100% of the shots you don't take".
