Tauriga Sciences Inc (TAUG)

[U GOT TRUMPED]

$TAUG Today announced its intention to consummate one or more significant acquisition and/or licensing transactions during the calendar year 2018 to both restore and create long term shareholder value.

- to expand its business through either the acquisition or the license of products and businesses that offer attractive growth characteristics and/or margins.

-The Company expects that its balance sheet and cash position will have been materially strengthened by the end of 2017.

-Tauriga remains committed as well to the commercial launch and of its licensed cupuacu butter lip balm product, branded as "HerMan". The Company will continue its efforts to generate revenue from this product in a complimentary manner to any potential acquisition or licensing activity.

-CEO Seth M. Shaw commented, "The Board of Directors believes that the timing is now correct to seriously evaluate potential opportunities with the goal of consummating potential attractive acquisition and licensing transactions during calendar year 2018. The Company wishes to thank its many shareholders for their loyalty exhibited over the past two and half years and management will do its very best to reward its shareholders with a successful long term future."

http://www.marketwired.com/press-release/tauriga-sciences-inc-focused-on-consummating-significant-transactions-build-long-term-pinksheets-taug-2240832.htm