Do, or more importantly DID, all of these guys know about each other?
On January 27, 2017, Tauriga Sciences, Inc. (the “Company”) entered into a one year 8% convertible note in the amount of $18,000 with Eagle Equities, LLC
On February 8, 2017, the Company entered into a $27,500 convertible debenture with 10% original issue discount in the amount of $2,500 with Adar Bays, LLC (the “Adar Note”).
On March 20, 2017, the Company issued two one year 8% convertible note in the amount of $70,000 ($35,000 each) with Eagle Equities, LLC (the “March Eagle Notes”).
On March 31, 2016, the Company entered into a $40,000 convertible debenture with OID in the amount of $5,000 with Group 10 Holdings LLC (the “Group 10 Note”).
On April 27, 2017, the Company entered into a one year 8% $45,000 Convertible Note with GS Capital Partners, LLC (the “GS Note”).
I'm just wondering if the 48M share volume on May 17th, which was the largest volume day in at least the last two years and maybe ever (didn't check), might have resulted from one or two of those note holders finding out about the existence and specific terms of the other notes and voting some of their converted shares with their feet. Maybe there was a reason to hold off on that filing.
Of course the Notice of the scheduled vote to approve a tripling of the authorized common occurred in that same time frame, so maybe that resulted in the unusual activity.
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