Tauriga Sciences Inc (fka TAUG)

[loanranger]

"Had the negligence not occurred the conversions would not have occurred."
That can't be proven. It CAN be shown that some of the default penalties may not have been incurred, but first the Court would have to be shown that the company had enough pre-existing viability to avoid them. And that certainly can't be shown to be true. Here's a link to all the filings PRIOR TO July 15, 2015. Take your best shot...highlight any real evidence of any operations that generated positive cash flow:
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001142790&type=&dateb=20150715&owner=exclude&count=40

"Even after the PCAOB and Cowan agreed to the censure, the PCAOB left plenty of time for TAUG to rectify the annual report had Cowan notified TAUG and cooperated with TAUG."
Plenty of time for what? That couldn't have happened without conducting a complete re-audit using a different lead auditor. When did TAUG or Cowan put that option on the table?
Cowan couldn't just have had a different lead auditor sign off after the audit was completed...audits don't work that way. Do you really think that the PCAOB would have found that acceptable? Of course not.

It's still hard for me to understand why TAUG's Board thought that they could engage Cowan while being fully aware that doing so would put the lead auditor in charge of their audit for a sixth year.
It's called taking responsibility for one's own actions, just as one should do when they discover that they've bought a bad stock based on the suggestion of someone who they thought they could trust (and/or paid a commission to). IT'S NOT ALL THEIR FAULT when the crap hits the fan. A Judge will recognize that and I would expect any settlement to reflect it.