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Its unfortunately a very slow and laborious process. AMF is a notoriously slow bweauracrcy and in early 2015 the Company dealt with this same issue. Only to see all that work and effort undone because it became a delinquent SEC Filer in late July 2015. We all know why that happened.
You should call the CFO Ghalia Lahlou, who speaks French and she can tell you the details. It cost the Company approx $30,000 back in early 2015 (see filings) and took several months.
Perhaps the Company feels that $30,000 might be better placed on something else at this very moment. Im sure the Company cares very deeply about this issue and certainly does not want to loyal Canadien shareholders become upset and rightfully so
But Im sure its a complex situation
You thank Cowan Gunteski for that
IMHO
The July 23, 2015 Censure publicly exposes what Cowan did wrong with respect to its client Tauriga Sciences Inc.
The damage done to Tauriga was a direct result of that
PCAOB Cowan relationship is immaterial to tauriga's lawsuit IMO
It's in trading range and has to clean up some supply
It's natural and its normal. And I wonder why you care about where it trades daily. It's a 6 - 12 month horizon to evaluate IMO
For example, see link below
http://www.getfilings.com/sec-filings/160822/WHITE-FOX-VENTURES-INC_8-K/
Form 8K Filed by White Fox on August 18, 2016 disclosing Seth Shaw's resignation as CFO of the Company - effective August 12, 2016
So on the front page of the Complaint Parties 4. is not correct.
The complaint is riddled with inaccuracies, and its really best to wait and see the end result before claiming that Seth Shaw is guilty of something. That wouldn't be right. I think it sounds like a shakedown. That's just my opinion
Seth Shaw inherited this Trademark lawsuit and hundreds of thousands of dollars of accrued legal bills from Josh Kimmel. And he did his best to settle it, which was necessary to save the Company at that time.
Why is it that you are so quick to try to bad mouth Seth Shaw, yet you don't ever discuss the person who actually created that mess?
Are you drawing a final conclusion that everything in that complaint is correct?
Because it is not
I wouldn't believe everything you read
I think that calling Seth's inaction indefensible, is quite preposterous
How do you know exactly?
Seth Shaw personally guaranteed $15,000 of the $25,000 cash component of agreement, otherwise there would have been no settlement
And Mr. Shaw personally paid it (and had confirm of such) -- that is called a personal sacrifice
I have no doubt that this lawsuit is frivolous and sounds to me like a Shakedown
When the smoke clears
justice shall prevail upon those who must be judged
And conduct so grotesque that it should never occur in any aspect of life, shall be judged by a Trial Jury
He filed the federal lawsuit in November 2015. He raised the capital and caught up on 14 delinquent quarters and made sure Tauriga became fully reporting again -- which was a big job
And he continues to show progress
The shareholders benefited from the Company staying alive and having the chance to be successful
Blaming Seth for the trading issue in Canada is disgusting!!!
He had nothing to do with it and it was directly a result of Cowan Gunteski -- failure to remain current
I am tired of watching people indiscriminately blame Seth for things that he is not responsible for
Seth is responsible for the Company still being alive today with a chance for success
I seriously doubt that Seth Shaw would agree that Berman's statement is accurate. Id like to see either a text or an email proving this Berman statement. And Berman's word that something is accurate is about as worthless as Deutsche Marks during the first 3 years of the Weimar Republic. google "inflation Weimar Republic" If that helps you at all
Nor is anything else in that press release accurate
Berman made a catastrophic mistake by letting his impulsiveness and emotions get the best of him
What I also can't understand is what benefit Berman derives by trying to tortuously interfere with TAUGs lawsuit.
Or what Berman gains out of trying to convince everyone that TAUGs lawsuit is worthless
Obviously I vehemently disagree with all of Berman's insights with respect to TAUGs ongoing lawsuit -- But once again -- What does Berman gain out of this behavior???????
What is the value to him of trying to convince everybody that Cowan Gunteski is going to win the case hands down and that Tauriga has no case???????
Especially when the evidentiary record is very clear / even crystal clear in terms of verifying Tauriga's claims
Ill bet that you are dead wrong
Especially regarding the CEO
And comments like that should not be made -- they are called unsupported generalizations. Seth Shaw certainly is not and has not sold
The Company has contacted AMF and is working through the process
But Seth should not, IMHO, waste his resources on that initiative
The Company has no control over what foreign governing regulatory bodies do
I think Seth has his eye on the ball and making the best possible decisions that can potentially lead to a successful future
Berman should not have published that July 1, 2016 press release
It was wrong on many levels. Berman got emotional and impulsive
And did something that was very very very bad
I think it's best to leave at that
You are sure that Seth Shaw has his hand in that????
You are surely wrong
That's not accurate at all
Mr. Berman's track record speaks for itself. Would you expect anything less
That is clearly not the case
Mr. Berman issues a materially false press release on July 1, 2016
Not legal
Like prosecuting the lawsuit and like launching business opportunities
and
maintaining fully repotting status
You already know these things --
The stock price today matters not
What matters is the fact that the Company is doing the correct things to build long term shareholder value
If it makes you happy that TAUG closed lower today, then I guess a Congratulations is an order
Well Done!!!!!!
Berman is a very foolish individual
Thats all that really needs to be written
He has created for himself, some massive potential liabilities IMHO
And so what if it does??????????????
Doesn't change the story and doesn't change longer term potential
Big Deal
If you don't care what Cowan Gunteski did, then you have zero right and zero basis to make the subsequent comments
It's like saying -- I don't care if a high school track and field runner got hit by a drunk driver and had his left knee shattered
I only care about the fact that he couldn't win the race with a shattered knee
The current state of the Company is directly attributable to Cowan's malpractice, deception, subsequent conduct
You are discounting what Cowan Gunteski did and the effect it had on the Company from July 23, 2015 onwards
And you selectively choose to ignore the grave difficulties it caused the Company
In the same world in which a PCAOB licensed audit firm should be held to at least the same standards of integrity as a 3 year old
That World, called the business world
And let's see what happens
TAUG was destroyed by what happened in July 2015
DESTROYED
People on this Board choose to criticize and blame the CEO for anything and everything
If you took the time to actually understand what faced the Company on August 1, 2015, you would quickly change your sentiments
Cowan Gunteski chose to act in a truly deplorable manner. And then tried to find a way to get away with it
Everyone who chooses to post opinions here should spend the time to really understand what occurred here
FACT: Tauriga Sciences Inc. has about as strong of a lawsuit as possible
There are no viable defenses for what Meyler/Cowan did
Meyer/Cowan took a calculated risk that they could get away with the malpractice by being deceptive, dishonest, and malicious.
It would work 99% of the time. But this time they got caught.
If justice indeed prevails here, there should be literally limitless levels of punitive damages awarded in favor of Tauriga
Sometimes I wonder if the people who post about this lawsuit have actually taken the time to read over the publicly available evidence / facts
Thank God that Seth is doing what's right rather than what's easy or convenient
Don't you get it??
DECN got virtually nothing from its lawsuit against Johnson and Johnson
I can't figure out where DECN has any value
Id love to hear how this company has any value
The Bolivian customer to me, seems like the same guy who sold Jack the Bean Stalk
I guess we shall see
DECN share price has been abysmal.
And if the share price is a reflection of the credibility of the CEO, then DECN is about 8 to 9 cents too expensive at these levels.
What I've come to realize is that Berman and DECN got smoked by Johnson and Johnson
Berman issued border line misleading press releases somehow contending or pretending that DECN won against Johnson and Johnson
Somebody please show me proof that DECN even won a single penny against Johnson and Johnson
Then Berman has the audacity to act as if he's in the position to or has the expertise to give advice to Tauriga in its pending lawsuit against Cowan Gunteski?????
Keith Berman has a new name:
Mr. Bozo P. Berman
Mr. Bozo Pinnochio Berman
What a horrendous CEO this guy is. Maybe the worst one out there
Keith Berman is going to end up in a lot of trouble
And his blatant threats to try to harm Tauriga's lawsuit (by spreading lies) because Tauriga turned down his 93/7 offer are going to only get him in more trouble
But all that aside, what's most troubling about Berman is the fact that he claims to be an expert in this Federal Litigation arena
IMHO - Berman and DECN got obliterated by Johnson and Johnson because they do not have the courage and integrity to do what's right for shareholders
I can't even find proof that Berman won a single red cent after spending Millions in DECNs lawsuit against Johnson and Johnson
Keith Berman has perhaps the worst quality in the business world:
Defined As: Some who thinks he/she is smart, but that someone is not successful
Actually it's quite opposite
You can insult Seth all you want
But, without Seth's effort since July 31, 2015, the Shareholders would have $0 and would have no chance of prevailing in its lawsuit against Cowan Gunteksi
Seth is the only reason that TAUG is still trading and still solvent. Without his efforts, TAUG is bankrupt many many months ago
Since July 31, 2015 -- Tauriga has not had the ability to raise capital
Seth had to
1. Keep the Company alive
2. pay the normal course of business expenses including paying of the $54,000 Cherry Bekaert bill from 2014
3. Prosecute a Complex Federal lawsuit
4. Retain a new auditor and catch up on all of those delinquent quarters
5. try to launch some new business opportunities
All of this, with a stock delisted from OTCQB to OTC Pink Limited Info Tier with a stock price of approx $0.002 (until March 2016) and very very little trading volume
Not Fully Reporting -- No reliance on Rule 144
THIS SITUATION IS IMPOSSIBLE TO RAISE CAPITAL AND VIRTUALLY IMPOSSIBLE TO AVOID BANKRUPTCY
Seth raised the vast majority of the money from accredited individual investors at $0.004 and a little capital during August and November 2016 from Group 10. Without this money being raised, the Company would not have completed its efforts to become fully reporting again and would not have been able to pay for experts that are requisite for the lawsuit
To post things on this Board, basically ignoring the severe obstacles that Seth faced since July 31, 2015 is highly dishonest. This was an impossible situation, and Seth did a magnificent job
Seth also has a strong personal relationship with Group 10, so Seth did what he thought was best in response to an impossible situation.
The Group 10 Notes are dilutive to an extent, but not toxic at all. And once again, if Cowan Gunteski had not put the Company in this asteroid sized crater, then none of these Notes would have been necessary and this will be made crystal clear at Trial. So let me ask you, If you were running TAUG from July 31, 2015 till today, what exactly would you have done?? tell us!!
The stock price has hung in their. the daily volume has increased since December 6, 2016 (when the Company regained fully reporting status) and clearly the stock price would not be relatively stable where it is, if this were really so toxic.
To try to second guess every decision that Seth has made since July 31, 2015 under these atrocious circumstances, is incredibly arrogant and unacceptable.
Its not a joke and its not a game, if TAUG had not been able to fund all of these things, then there would be 0 chance of TAUG making it. Seth faced a tremendous number of problems directly caused by the despicable conduct of Cowan Gunteski and he did the very best he could. And all in all, the Company achieved quite a bit and with any justice whatsoever, will be awarded MILLIONS (so richly deserved) as a result of the federal litigation.
So I ask once again, what would you have differently since July 31, 2015??????????
Getting to this point has taken an incredible amount of work and dedication
you really shouldn't make light of that.
Berman has caused more fights that anybody that Ive ever seen
Berman insults others all the time, yet he lives in a glass house
Im sorry but Berman did a horrific job against Johnson and Johnson. historically bad
Yes Dianne!!! You are correct
Cowan Gunteski acted perfectly and ethically and never committed malpractice
and every audit firm should copy their exact conduct
You are correct -- They will win this case and have a RICO case against Tauriga too
Yes -- You are correct
Tauriga suffered no damages -- delisting is a good thing and Tauriga made up the whole thing in conspiracy with PCAOB and the SEC Office of Chief Accountant
You nailed it -- well done!!!!!!!!!!!!!!!!!!!!!
No Money though
Because Berman has no idea what the hell he's doing
The guy is incompetent
Thats totally untrue
The majority of the money raised was private placement capital at $0.004
And it is extremely difficult to raise money being delisted and delinquent. Nit being able to rely on 144
very untrue
Then who kept the Company alive the past 18 months?
Who raised the money and executed in catching up on 14 delinquent quarters and filing the lawsuit against Cowan Gunteski?
There would not even be a Company to talk about without the effort out forth by Seth since July 2015.
So TAUG shareholders are lucky to have him as CEO