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Then short it
GO FOR IT
First of all, the $ Volume is $10,000 (which is still pathetic - we agree on that point wholeheartedly)
But how?????
How Does a low $ volume day, equate to "stick a fork in it"?
You may be proven very wrong?
No guarantees in life (either way)
But - "stick a fork in it" is HARDLY a foregone conclusion
Approx. Shares Outstanding: 102,000,000 (as of March 24, 2020)
Shares Authorized: 400,000,000
Share Price: $0.035 (03/24/20)
Approx Market Cap: $3,550,000 (as of March 24, 2020)
Why Would you post something like that????????????????????????
"6,7 etc etc"
It specifically says the following in the press release:
The Company Recorded 43 Individual E-Commerce Orders on Thursday, March 12, 2020
IT MAKES IT VERY CLEAR: 43 individual orders
Why would someone pretend that a future is not included in a press release? when it is included ?
That is Total BS - an utter lie
Tauriga secured $800,000 + at 6 cents per share (equity private placement) during March 2014
https://www.marketwatch.com/press-release/tauriga-sciences-inc-completes-800000-usd-equity-private-placement-priced-at-6-cents-per-share-2014-03-31
OH PLEASE
There is no question - that PGA Show is a perfect venue
This product is very attractive to the golfing industry
Maybe Tauriga's Booth has been very popular and visited by many pro shop owners and managers
It is possible that this PGA Merchandise 2020 Tradeshow will make a meaningful and material contribution to the Company's future
Maybe Seth worked hard in high school
and maybe he also worked hard in college
And maybe he had to overcome adversity, just like others
Maybe he will end up learning from a number of past mistakes and becoming very successful
time will tell
LINKS WORK PERFECTLY
https://www.alibaba.com/trade/search?fsb=y&IndexArea=product_en&CatId=&SearchText=tauriga
Everything works great - INCLUDING THE LINKS
and I a hopeful for great things from today's disclosure
Sometimes, a Company executes well. Other times it doesn't
This Company has always had a great product, and sometimes a great product can trailblaze Distribution channels
Tauriga Sciences Inc. has a great existing product and is expanding its products and product lines and is focused on gaining traction with larger distribution channels and large national retail chains
The Company has achieved some good milestones over the course of the past couple weeks
there is nothing to bad mouth the Company about. It is doing its very best to build a long term successful brand and business
I think that's a good thing
For God's Sake
This has nothing to do with "listing a product on Walmarts E-Comm site"
Your post is flat incorrect
That is not what the Company's announcement stated nor is that what happened
Read the Press Release carefully please
Maybe to get on NASDAQ in the future?
what's wrong that?
The product is very good, people really like it, and E-Commerce is starting to improve meaningfully
Whats so bad about that ?
There is no expired Tauri-Gum inventory
earliest expiration date is Feb 2021
And - the product is fabulous quality and very much loved by customers
There is Nothing "Short Lived" here
Who cares about daily fluctuations
Some days this stock goes down. Others easy it closes even. Others days it closes higher
Management is working towards building a business with staying power and hopefully the balance sheet diversification(s) from the Nov 2017 cash infusion, turn out to be successful
For God's sake -its always the same garbage on this board
TO BE PERFECTLY CLEAR
Tauriga Sciences Inc. does NOT engage in any type of stock pumping or stock promotion
Anyone who thinks otherwise is badly misinformed
NOT A PENNY is spent on stock promotion. NOTHING. NEVER
All market activity in shares of Tauriga (both up and down days) is 100% legit and 100% ethical
That is all and That is that
It the furthest thing in the world from a Company paid vacation
It is a networking trip and an opportunity to expand shareholder base and investor visibility
That is extremely rude to imply that
you were 100% right. because you were looking at the overall picture and landscape (and causalities), rather than piling on the short term negativity
When someone is down - DONT KICK THEM, HELP THEM UP
Anyone who actually listened to you, could have seen a once in a long time opportunity
I think TAUG management deserves credit for holding onto VTGN and even potentially accumulating more on weakness
It's a nice compliment to the growing CBD Gum business
It gives shareholders two potential opportunities that are independent of one another !
Let's hope that the end of calendar 2019 brings much success for everyone
I think that your assumptions are ridiculous
The Company has a terrific product and seems to be growing quite nicely - despite the setback in NYC (which affected everyone in the industry)
Tauri-Gum is a legal CBD Edibles product that is perfectly legal to purchase and ship via E-Commerce and sell in U.S. based retail locations
so vote against it - if you so please
its your right to do so
The Company is not "over" in its issuance
It is amending the authorized to prevent such
Those 230,000 shares of VTGN, that Tauriga purchased for the $287,500, are held in journal entry form through that transfer agent (ComputerShare I believe)
I don't really understand what the problem is here?
It was just a matter of time until someone on this board popped the big question
What was the real reason for this? the real reason that Tauriga dismissed its audit firm KBL????????
It must be something terrible? right? lets decode it!!!!!!!! must be something sinister!
Nope - sorry to disappoint
PCAOB 5 year rotation rule (that we all remember quite vividly) necessitated that KBL rotate off as independent auditor after 5 year term (which concluded at March 31, 2019 or end of Fiscal Year 2019)
normal course of business stuff
maybe we can preempt the non-sense analysis just this ONETIME!!!!!!!!!!!!
Completely and Utterly Wrong
The Company's Fiscal Year 2019 was period - April 1, 2018 thru March 31, 2019
When you state "The Company generated $57,000 for the entire year"
It's a very misleading comment
The Company launched its CBD Gum on March 11, 2019
It had 20 calendar days during Fiscal 2019 (out of 365.25 days) to generate revenue
Let's be fair for one time
All of the recent press releases and Filings (8Ks etc.) show that the Company is generating revenue and growing.
Most Recent 8K: https://www.marketscreener.com/news/TAURIGA-SCIENCES-INC-Entry-into-a-Material-Definitive-Agreement-Financial-Statements-and-Exhibi--28858297/
Even if you wish the Company nothing but failure and misery, wouldn't it be fair and proper to tell the honest and accurate story ??????????
The Company is clearly realizing growth in its business
The press release yesterday showed very good improvement and traction, just 3 months after the launch of a brand new product
That is not a negative thing nor is it "a feeble" attempt by Tauriga's management
Purchase Orders from high quality customers are as good as cash
Purchase Orders are not necessarily booked as revenue right away, because the Company follows a conservative approach to booking revenue (Regulation ASC 606 - as disclosed in a previous press release)
The Company does not book revenue until it satisfies the performance regulations (delivery of inventory, etc)
Anyway - we shall all see what the future brings
some disgusting things written on this IHUB Board yesterday
Actually
the press release seemed to indicate re-orders. Quite the opposite
Perhaps Tauriga is doing quite well
The Company has a 100% track record of delivering to its customers in a timely and precise manner
This is obviously a positive development
Perhaps you should just say so
Of Course!!!!!!!!!
Must be for fun. Im sure there is no business purpose.
I actually like this Company a lot
Cash position is more than its market cap
and this after hour issue is minor, IMO
don't beat yourself up
It happens to the best of us
You made the correct move. Just a bizarre coincidence after hours today
I think you were very astute
I suppose that it's almost a year now
These comments are simply untrue
TAUG does have cash, access to cash, a good balance sheet
and a good product
And - yes - Revenue as well
Most people really like the gum
Lots of testimonials and lots of positive feedback on packaging
yes I'm sue - you hated the gum
of course
Tauriga has a great product and perhaps it's doing just fine in its launch
The news today showed that Tauriga increased its P and L Policy to $3,000,000
Maybe there was a reason for that????????????????????????????????????
or maybe it was just for fun
time shall tell
Seth has done admirable job in the face of unspeakable adversity
What would you have done differently since July 2015????????????
It's so disappointing to watch this non stop bad mouthing. Its pretty damn hard to run a company like this, especially when it had a tiny chance of survival
How many companies went bust (between 2012 and 2019) with far far far lesser levels of adversity than Tauriga faced
The constant insulting of TAUGs CEO is a disgrace
Again - all kinds of inaccurate information and it needs to STOP
INACCURACY # 1
1) "BTW...an oft forgotten primary reason for Dr. Sung's fall from grace was the idiotic Typenex financing arrangement that then CEO Seth Shaw negotiated and personally signed during 2013! How quickly we forget!"
Actual factual history -- Stella Sung found Typenex (aka: Chicago Ventures) all on her own. She negotiated the 2013 Agreement and signed it as Chief Operating Officer, on behalf of Tauriga, at that time. During late 2014 after the Note was paid off, Stella Sung made a business decision - that many people believe was the worst in Tauriga's history. She chose not to litigate a winning case against Typenex (in Federal Court) and it cost the Company dearly. It's one of the few times in history that a CEO of a Company negotiated a Settlement Agreement that was materially worse (in my estimation) than if Tauriga had actually lost to Typenex at Trial. I DONT THINK THAT ANYONE CAN "Quickly Forget" the unfortunate way that Stella Sung handled Typenex. Not to beat a dead horse - but it is a FACT that she single-handedly brought TYPENEX to the Company during 2013 (this was well intentioned at that time and should not be subject to the crystal ball treatment or the Monday morning Quarterback critique). My main criticism of Stella Sung actually derives from the way she handled the Typenex litigation (the legal battle over the fictitious Warrants during late 2014 - after the Company won a complete and massive victory against Typenex, during October 2014, in Florida State Court of the 13th Circuit). I truly believe that it was the epitome of spineless. So what - it would have been a battle and maybe it wouldn't have been easy. Seth Shaw chose the opposite response to a Federal Litigation (which wasn't easy either) and he forced a solid Settlement and the Company's future prospects have turned around to a degree as has its share price!
Seth Shaw rescued (and I mean RESCUED) the Company during May and June of 2015, by coming up with $230,000 to extinguish that unfortunate Stella Sung conceived Typenex Settlement Agreement - JUST BEFORE it turned into guaranteed Bankruptcy. Like it was days away from CHECKMATE
Press Release Link (June 2, 2015 Press Release): http://tauriga.com/tauriga-sciences-inc-extinguishes-obligations-typenex-co-investment-llc-one-time-cash-payment-230000-usd/
No-one is saying that Stella Sung is or was "evil" or a "criminal" or even "greedy" -- as you stipulate in your post. She just, in my strong opinion, had very bad judgment (at times) and sometimes put her own interests ahead of those of the shareholders. The record speaks pretty well for itself (as do the public filings from her "reign" as CEO).
INACCURACY # 2
2) "CONSULTANT CEO Seth Shaw, collected more than $300,000 in total compensation, as he sat by watching the attorneys and accountants pursuing a pot 'o gold from Cowan et, al!"
Actual factual history -- Seth Shaw did not collect this phantom $300,000 in salary. And he busted his ass for 2+ years prosecuting that lawsuit. The "he sat by" narrative is false and the opposite of what reality was. The only $300,000 that actually transpired, was Seth investing $300,000 into Tauriga (during 2017) at 9.4 cents per share - to protect the shareholders in making sure the Company had the staying power to last until a decent Settlement could be forced. And $2,000,000+ cash component was a decent result. He apparently didn't chase this "pot o' gold" because he actually came through with a respectable and tangible result.
3) INACCURACY # 3
"BULLSHIT! CONSULTANT CEO Seth Shaw blew more than $2 million on acquiring Pilus Energy, then claimed TAUG had the needed financial resources to continue the testing and development! The bogus claim proved to be completely false! Why did the TAUG shareholders' $2+ million get flushed down the toilet? Because Shaw DID NOT do any DD, DD which would have led to the accurate conclusion the Pilus technology had no chance of ever becoming commercially viable!"
Actual factual history -- This notion that Seth or Tauriga blew more than $2 million on acquiring Pilus Energy, is utterly non sense. pure BS. There were $2 million worth of warrants exercisable at 2 cents per share (pre-split) issued to the shareholders of Pilus Energy. This deal was basically unwound during late 2016 and the vast majority of these Warrants were returned to the Company. This "so called more than $2 million" was more like $200,000 or $250,000. PILUS ENERGY TURNED OUT TO BE A LOSING PROPOSITION. But grossly exaggerating figures is not the right thing to do
4) INACCURACY # 4
"Hundreds of thousands were blown on the bamboo handwipes, again because SHAW DID NO DD! The lip goop didn't work because the product was NEVER rigorously tested! Again, tens of thousands down the toilet! Shaw threw tens of thousands at Eishens and NEVER received anything in return for the purported "investment". AGAIN...NO DD! "
Actual factual history -- About $200,000 of cash (during 2013) was spent on the Green Hygenics license agreement. HerMan -- approximately $40,000 - $50,000 was spent all in. Eishens -- NOT A PENNY was spent by the Company as that transaction never materialized in any way shape or form (READ THE COMPANY'S FILINGS - it's made crystal clear repeatedly)
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You make a decent argument that Seth Shaw has made some mistakes and is not perfect (even far from perfect). And I'm sure that he would be the first to admit such. But there are also positives and he made enormous effort(s) to keep this Company afloat and protect the shareholders. As evidenced by the fact that the Company is still here and kicking and potentially building a solid future. And perhaps will report a very good and improved balance sheet at March 31, 2019.
It's not easy being CEO of a Company like Tauriga. It's a challenging environment to run a fully reporting public Company and finding a way to make it work long term. Nobody should overlook the fact that it's a lot of hard work and a ton of pressure.
They are all poor comparisons
And fail to incorporate the meaningful information
The legal predecessor of this Company (Immunovative Inc.) was established to consummate a transaction with an Israeli biotech Company
Press Release Link (August 2012):
http://www.marketwired.com/press-release/immunovative-inc-announces-oversubscription-of-its-5000000-private-placement-otcbb-imun-1688460.htm
That business plan completely failed. We all can assign blame for that to everyone involved with the Company at that time. (Seth Shaw also gets some blame for that)
But ever since that imploded in early 2013 (with the exception of Post $2,000,000+ Settlement or past 17 months), this Company (which was re-named Tauriga Sciences Inc. during April 2013) has been in a terribly compromised position.
The so called "Failures" that you perpetually list "Bamboo Wipes, Pilus Energy, EBR, Herman, ColluMAuxil, Eishin (which the Company never lost a penny on), etc. etc. etc., reflect on the reality that Tauriga was in a terribly compromised position after the failure of Immunovative Inc. And the same can be said of the period: July 23, 2015 - November 10, 2017, when the Company had to regain fully reporting status and fight a major Federal lawsuit (one in which there were more than 100 combined motions over a period of 780 days).
The Truth of the matter is: 99% of Companies go bankrupt after a catastrophic disaster like the failure of Immunovative Inc. during early 2013. And Certainly 99%+ probability of bankruptcy after what occurred at end of July 2015
Seth Shaw deserves far more credit for keeping this afloat for all these years and landing on his feet (with a solid Company to run) at the present - 1st Fiscal Quarter of 2020 -- THAN blame for "Hail Marys" that weren't completed when the Company was only able to chuck a "Hail Mary" rather than have a fair chance to run an offense
Football analogy:
Along the way, there were several 4th Down and 14s that Seth had to complete to keep Tauriga alive in the Game. Those critical life and death 4th downs were always successfully executed by Seth Shaw. And this very long (7 year game) that Tauriga once trailed 38-0 . . . . . . Now, Tauriga has a 51-48 lead. Perhaps Seth should be commended for all of the above (just as he rightfully deserves his share of the blame - along with MANY others - for the disastrous result of the Israeli Biotech transaction).
On July 31, 2015
Tauriga closed at $0.0014 (reverse split adjusted 10.7 cents)
The Company was delisted that day. And faced a nearly impossible battle just to stay afloat
Stella Sung had selfishly taken the Company's last $50,000 of balance sheet cash as a "severance payment"
(Item 5.02) https://www.streetinsider.com/SEC+Filings/Form+8-K+TAURIGA+SCIENCES%2C+INC.+For%3A+Jul+09/10731108.html
At close of business on July 31, 2015 -- The Company had $10,000 of cash and nearly $2,000,000 in liabilities (and no longer could raise capital). And was about to lose any chance of consummating the one major acquisition that it had been seriously contemplating
That was the picture on July 31, 2015.
As of Friday's close, the stock is up 10% of July 31, 2015 close (not down 40%)
I would like to see ANYONE (especially the detractors on this board), do any better than Seth has done since July 31, 2015 - under the circumstances
On March 14, 2019 - Intraday - a 250% gain from July 31, 2015 close (things are fluid in micro cap land).
Why would Anybody compare Tauri-Gum to the previous (HerMan and ColluMauxil proposed products)
That type of comparison is really not justifiable (in any way, shape or form)
Tauriga was catching up on 14+ delinquent Quarters during 2015- and late 2016 and prosecuting a major Federal Lawsuit between 2015 and late 2017
The Company tried its best to create business activity at that time. But the Company had nothing to work with and really had to both streamline and focus its efforts on winning a life or death lawsuit or at least Settling such lawsuit for a reasonable figure.
The Company settled that lawsuit during very late 2017 and received a cash component in excess of $2,000,000.
Not a fortune - but enough to have a fair chance to both survive and launch a business initiative properly (which it has done).
So these comparisons of HerMan and ColluMauxil to the current Tauri-Gum Corporate Initiative -- is a ridiculous comparison on every level
Tauri-Gum has been properly launched with resources to back the launch. The Company had $500,000 to spend on its Tauri-Gum launch (it had virtually $0 available for the other two above-mentioned launches)
Also, the Company can actually focus on its Tauri-Gum product.
Seth was very smart about all of this. He knew that he had to first secure a decent Settlement before launching a major business initiative or consummating a major acquisition
He was patient and realistic and nobody should detract from that by claiming that two minor business initiatives didn't work out (during a time when the Company had little to no money and the inability to properly focus).
You could argue that Seth shouldn't have tried to launch any products between July 2015 and December 2017. That's a reasonable criticism, however people should walk a mile in someone else's shoes before judging them. Especially when a CEO is under immense pressure 24/7 (for 2 1/2 years) tom save, what was, a critically ill or even a Moribund Company.
Tauriga is a wonderful Company now (April 19, 2019). One last thing - a number of posters feel that Tauriga's balance sheet will show serious weakening at March 31, 2019. My advice to all: Don't believe everything you read on IHUB. It just could be that the opposite is the case!!! hmmmmmmmmm! time will tell. It always does. And it tells one other thing. Seth Shaw has done a respectable Job since taking over as CEO on July 9, 2015.
Tauriga is working diligently so it has the potential to realize long term success
other Companies that "crash and burn" have nothing to do with TAUG