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TAUG MJ news - Tauriga Sciences Inc. Signs Definitive Agreement to Acquire California's Leading Manufacturer of Topical and Medicinal Cannabis Based Therapeutic Creams
http://ih.advfn.com/p.php?pid=nmona&article=61396535&symbol=TAUG
ddm Thank you for the work you did a couple of weeks ago and shared with us on the MJ stocks. It was very helpful.
Currently holding ATTBF, TAUG, SIPC, and ENRT.
All have been very good to me, have sold half of SIPC and ENRT, riding free shares there now.
I believe ATTBF will get a MMPR license and believe TAUG closes their purchase next week.
TAUG breakout yesterday in anticipation of closing a purchase Monday and becoming a MJ stock. Solid company with great management, float is about 168 million.
Tauriga Sciences Inc. Executes $1,000,000 USD Term Sheet With Institutional Investor Following the Company's MOU Signed With California's Leading Manufacturer of Topical and Medicinal Cannabis Products
LOS ANGELES, March 3, Mar 03, 2014 (GLOBE NEWSWIRE via COMTEX) -- Tauriga Sciences Inc. (OTCQB:TAUG) or ("Tauriga" or "the Company"), a diversified company focused on generating profitable revenues through license or acquisition agreements and the development of a proprietary technology platform in the nanorobotics space, has today announced the execution of a non-binding term sheet of up to $1,000,000 USD to fund, in part, the Company's previously announced proposed acquisition of California's leading manufacturer of topical and medicinal cannabis products ("the Cannabis Manufacturer"). The final terms between the Company and the institutional investor ("the investor") will be disclosed in a to-be-finalized binding agreement.
The investor has already wired an initial $250,000 USD as a good faith gesture into escrow with the Company's outside counsel. Under terms of the governing escrow agreement the investor has stipulated that release of the escrowed funds is conditional on, among other things, execution of a definitive merger/acquisition agreement ("the definitive agreement") between Tauriga and the Cannabis Manufacturer by close of business Monday March 10, 2014; otherwise the Company is required to the return this $250,000 USD to the institutional investor. The Company continues to make progress on the completion of the definitive agreement and is working diligently to meet this deadline of March 10.
Tauriga's CEO, Dr. Stella M. Sung, commented, "The company is genuinely excited to have the opportunity to acquire a market leader in the nascent, but fast growing, medical marijuana and cannabis market. Both parties are working diligently to complete the definitive agreement and we are grateful to the above-mentioned institutional investor for believing in our Company and in the value creation and revenue generation potential of the proposed transaction. The management of Tauriga believes that the successful completion of this acquisition could be a very substantial long term valuation driver for the Company."
On February 19, 2014, the Company announced the execution of an MOU with one of California's leading manufacturers of topical and medicinal cannabis products. Founded in 2009, this revenue generating Cannabis Manufacturer has developed both an extensive line of medicinal cannabis products, as well as delivery technologies. The MOU signed between Tauriga and the Cannabis Manufacturer ("both parties") is valid for a period of 60 days from the date of execution (February 18, 2014). Additionally both parties have agreed to work towards the completion of a definitive merger/acquisition agreement specifying the final deal terms.
About Tauriga Sciences, Inc.:
Tauriga Sciences, Inc. (TAUG) is a diversified company focused on generating profitable revenues through license agreements and the development of a proprietary technology platform in the nano-robotics space. The mission of the Company is to acquire and build a diversified portfolio of cutting edge technology assets that is capital efficient and of significant value to the shareholders. The Company's business model includes the acquisition of licenses, equity stakes, rights on both an exclusive and non-exclusive basis, and entire businesses. Management is firmly committed to building lasting shareholder value in the short, intermediate, and long terms. On January 28, 2014 the Company completed its acquisition of Cincinnati, Ohio based Pilus Energy LLC ("Pilus Energy"), a developer of alternative cleantech energy platforms using proprietary microbial solutions that creates electricity while consuming polluting molecules from wastewater. The Company's corporate website can be found at (www.tauriga.com).
http://www.otcmarkets.com/stock/TAUG/news
ATTBF is disregarding some usual chart rules because of the special circumstance of a license approval and the belief of most all that they will be issued a license sometime in the next three weeks.
I agree about the other stock, I sold half of that one Friday.
Good luck with that. You would have a lot of competition for shares in the 50s. I added a few yesterday at .65 and felt darn lucky to get them.
TAUG is new to most.
Expecting a PR Monday about a finalized deal with details.
ABATTIS VENTURES INTO THE WASHINGTON STATE LEGAL MARIJUANA MARKET
Vancouver, BC – March 6, 2014 - Abattis Bioceuticals Corp. (the “Company” or “Abattis”) (OTC PINK: ATTBF) (CSE: ATT), wishes to announce that it has entered into Consulting Agreements with the principals from Phytalytics LLC, (D.B.A. PhytoLabs.com) of Kenmore, Washington USA whereby the consultants will make application to WSLCB (Washington State Liquor Control Board) for an analytics laboratory testing license. Phytalytics will provide government mandated testing of cannabis and all other cannabis related derivatives under State Initiative 502 (“SI502”).
The WSLCB has released the accreditation criteria that third party testing labs must meet in order to be certified to test useable marijuana and marijuana products” under the 1-502 regulatory system. The WSLCB has contracted with the Center for Laboratory Sciences on the Campus of the Columbia Basin College to conduct the certification process.
Phytalabs and its principals, Dr. Michelle Sexton, Dr. Kaleb Lund and, Lauren Hilty, CPA, are at the forefront of providing regulated testing and quality assurance for cannabis and its derivatives in the burgeoning legal marijuana marketplace in North America.
Dr. Michelle Sexton, Founder and CEO of Phytalabs, was instrumental in developing the checklist and protocols for the Certification Process for an analytics lab for the Washington State Liquor Control Board, which approves State Licensing of adult and medicinal marijuana. Dr. Sexton was the editor and technical advisor on the Monograph of American Herbal Pharmacopoeia. Dr. Sexton is also a board member of the Americans for Safe Access Foundation.
Dr. Sexton stated, “The opportunity to partner with the Abattis Team is a highlight of my career. I have been passionate about furthering the historic mission of setting the standard for quality control of Cannabis and related products which began in Washington State.”
Dr. Kaleb Lund, is the Science Director of Phytalabs and has 10 years of analytical testing experience of herbal supplements. He is an Assistant Professor in the Department of Botanical Medicine at the leading institution of naturopathic medicine, Bastyr University in Kenmore. He teaches classes on GMP regulation, botanical authentication, research and pharmacognosy (the study of medicine derived from natural sources). He oversees the laboratory and testing protocols at Phytalabs. “I am very excited about the prospect of maximizing the quality of botanicals from seed all the way to formulated products. We are breaking new ground in Washington State with Cannabis and I feel that this partnership with Abattis will help us to set the standards for quality and safety of this growing industry.” stated Dr. Kaleb Lund.
Ms. Lauren Hilty, CPA, the Treasurer and Accountant has been a consultant with the Federal Depository Insurance Corporation (FDIC) to establish the infrastructure for U.S. banking institutions to provide banking and transactional services to the legal marijuana industry. Her role in Phytalabs is to ensure compliance with State and federal banking and tax laws and regulations for the cannabis business within state and federal regulations.
Mike Withrow, CEO of Abattis Bioceuticals Corp., stated, “We are really looking forward to working with our new Analytics Lab Testing Team and Ms. Hilty which is led by Dr. Sexton in establishing the US footprint for Abattis starting in Washington State. Our new team is a perfect fit and a welcome addition to the Abattis group of companies. We initially learned about Dr. Sexton through our financial sponsorship of the historic AHP Monograph for Cannabis in March 2012. This relationship is a continuation of our commitment to the ‘GDERS’ model by strengthening the sciences that ensure safe, efficacious, quality products”.
About Abattis Bioceuticals Corp.
Abattis is a specialty biotechnology company with capabilities through its wholly owned subsidiaries of cultivating, licensing and marketing proprietary ingredients, bio-similar compounds, patented equipment and consulting services to medicinal markets in North America. The company is positioned to capitalize on the fast growing trend toward marijuana legalization in the United States and for medicinal use in Canada and international jurisdictions by supplying and partnering with companies to employ its vertical cultivation systems, extraction equipment/technology, and strategic marketing support to licensed growers. The company also has an extensive pipeline of high-quality products and Intellectual Property for the rapidly expanding botanical drug market. We follow strict Standard Operating Protocols and adhere to the Law's of Canada and Foreign Jurisdictions. For more information, visit the Company’s website at www.abattis.com.
For further information, contact the Company’s CEO, Michael Withrow at (778) 896-
6536 or at mike.withrow@abattis.com.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
http://www.cnsx.ca/CNSX/Home.aspx
Abattis Announces Private Placement
(via Thenewswire.ca)
Vancouver, BC / TNW-Accesswire / March 4, 2014 / Abattis Bioceuticals Corp. (the "Company" or "Abattis") (OTC PINK: ATTBF) (CSE: ATT), announces a proposed private placement of up to $2,000,000.
Under the terms of the Private Placement, Abattis will issue up to 4,444,444 Units. Each Unit will consist of one Common Share at $0.45 per share, and one full Share Purchase Warrant. One Warrant will be exercisable into one Common Share at a price of $0.50 per Common Share. The expiry date for the exercise of the Warrants will be 18 months after the closing of this Unit Offering. The Warrants will contain an acceleration component whereby Abattis will have the right to call for the exercise of the Warrants if the Common Shares of the Company closes above $0.75 per share for a period of 10 conservative business days after the four month and one day hold period expires.
Proceeds of this offering will be used for acquisitions, joint venture opportunities, research and development, marketing, working capital and general corporate purposes.
The Board of Directors of Abattis wishes to acknowledge the support of investors who have shown confidence in the business plan that Abattis is executing in this exciting new sector of the economy and capital markets.
GYST chart looking very nice.
They also had an 8k today. Asher is finished and gone as of today.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9805439
Nice find, Thanks for that.
Thanks for taking the time to do this each week.
It's a tremendous resource to be able to view these MJ charts side by side.
Member Mark for you.
NTEK financials due tomorrow, run up has started.
Do you think NTEK is fairly valued?
"In the 18th century, Munehisa Homma become a legendary rice trader and gained a huge fortune using candlestick analysis. He discovered that although supply and demand influenced the price of rice, markets were also strongly influenced by the emotions of participating buyers and sellers.
Homma realized that he could capitalize on the understanding of the market's emotional state. Even today, this aspect is something difficult to grasp for most aspiring traders. Homma's edge, so to say what helped him predict the future prices, was his understanding that there is a vast difference between the value of something and its price. The same difference between price and value is valid today with currencies, as it was with rice in Japan centuries ago."
.......Ospreyeye dropping knowledge bombs as usual.
The church ladies are on board, I love it.
Good timing on their part.
I found this article from February of last year.
It seems Medicine Man had thoughts of going public at least a year ago. Would be nice if they are the retail MJ company coming here.
This is from February 25, 2013
http://finance.yahoo.com/news/chineseinvestors-com-otcbb-ciix-announces-133000344.html
BULLISH THREE GAP DOWNS BUY SIGNAL FOR NTEK
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
http://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=NTEK
Last Pattern: BULLISH THREE GAP DOWNS BUY SIGNAL
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
http://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=NTEK
Nice chart ospreyeye, Thanks. I recognized the pattern and added more shares Thursday at .097.
Earnings are due to be reported by this Friday, should be a good week here.
Added a few .097s at closing today, Thanks.
Every few you can add to your stash now before our PRs hit is well worth it.
LOL I took your warning to heart and sold as soon as you posted this yesterday. I sold my TWTC LOL. It's ok, I sold at .60 and it closed at .57 so I should be able to get back in without any damage.
It's hard to keep up with all these MJ tickers these days. Still holding half of my GLCO and made bank and still holding most of my SIPC. FITX looks ready to move up again also.
This is my favorite board for sure.
GREAT call on GLCO yesterday ospreyeye, Thanks.
I don't post often because of day job but read every post on this board, you guys are rocking it!
NTEK has had higher lows for 6 days now.
I agree. If Murdock has a list of priorities I believe current shareholders are at the bottom of their list.
That does help vlftraders, Thanks
So First Liberty planned to get the container to port by Jan. 16th and probably did, expecting it to ship the next week. That would be the third week of Jan. which is what we were told.
It gets there to a 4-6 week backlog.
So it's probably been sitting there waiting for two weeks with another 2 to 4 week wait possible.
If they would have PRed the shippling delay for all containers info pps would not be as low as it is.
Yes, and RSI just crossed the 50 line
Moving on UP!
LMAO at bashers and shorts today.
500+ connections, Major good for NTEK.
LOL . love this post
NTEK Strong
Higher lows each day this week . . . .
This is the first of several PR's, more next week.
Some people are still short NTEK, LOL.
Higher lows each day this week
My favorite post of the day.
Is there any truth to the rumor that NTEK's brick and mortar store opening in San Jose next month will also be a medical marijuana dispensary?
Hey, we need something to jump start the pps.
Too much FUD here, cover already!
39 Bans on this board, 2 more today.
Please be careful what you post and don't get banned.
Whats Up? . . . . . . .
NTEK
Bear Raid, get your rifles and dry powder.
Bear Raid, get your rifles and dry powder.
Good Morning and Green Day, NTEK STRONG