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brilliant! another brilliant post
Answer one question
What exactly did DECN win in its litigation with Johnson and Johnson
Setting aside all of Berman's deceptive press releases and SEC Filings, what exactly did DECN win?????
Probably $0
Berman had better clarify this quickly, because there is way too much confusion
Maybe Not
Maybe things take time and maybe everyone should keep their mouths shut and wait and see what happens
It's actually crystal clear
There was. No finders fee
And it's becoming old talking about the same misinformation
Also, none of these types of short term financings would have been necessary if the company weren't delinquent and unable to rely on Rule 144 for 17 months.
So your post is incorrect again. Stick to the facts please. It s not that hard
There have not been any finders fees paid
This is an inaccurate statement and should not be spread on a message board
Please stop doing this type of thing
First of all there will be no reverse split at this time
Secondly, a lot of work and resources went into completing this product. And it's not about share price. Nobody cares about share price today. It's about building fundamentals and business opportunities
We can agree to disagree
The lawsuit is very strong. Very strong on many levels.
That doesn't necessarily mean it will be easy to win a huge award, because Tauriga faces two well funded defendants each with a very prestigious law firm. And smart/cunning lawyers
But ultimately the affirmative defenses will fail because Cowan made conscious decisions that led to all of these otherwise preventable collateral damages. Cowan chose to conceal the malpractice for 11 months from Tauriga (August 2014 - July 2015). While Cowan also chose to continually bill Tauriga including $25,000 on July 13, 2015 (10 days before he pcaob censure) to reissue an independent opinion for FY 2014 audit.
Think about that for a minute. The intent is very clear and not honorable. These firm's sole purpose is to protect the integrity of financial markets. They thought they could get away with this and chose to continue to collect fees. Sometimes being Honest isn't easy but being deceitful and unethical exacerbates what would have otherwise been a moderate issue.
Something else. The two notes entered into by TAUG on June 2, 2015 (union) and July 14, 2015 (group 10) both carried enormous default provisions triggered by delinquency of SEC filings and made even worse by failure to quickly cure such deficiencies. Cowan chose not to inform Tauriga for 11 months about this malpractice and Tauriga only found out by being blindsided by the PCAOB censure on July 23, 2015. Tauriga never would have entered into Notes carrying these types of delinquency triggered default penalties had Cowan come forward and told the truth about the independence beach error. This is an example of why the damages grew. Cowan chose not to be honest. Period. And then played games inexplicably after the July 31, 2015 delisting when Meyler should have personally driven the work papers to Seth on August 1, 2015. These facts are crushing to the defendant. And IMO the insurance company has lots of explaining to do as well. To say the
Least
And LoneRanger -- I can assure you that Cowan provided a document to the TAUG board during June of 2014. Guaranteeing in writing that they were independent (even specifying Rule 3520) with respect to FY 2014 audit. That letter naturally will IMO dispel any doubt as to your contention that Tauriga 's Board should have known that Meyler was violaitng the cooling off period regulation. The blame should not be directed at TAUGs Board she the auditor provides explicit written assurances about independence being upheld properly
Diannedawn recently stated that Tauriga deserves to get fees refunded. If Cowan were honest early on (during late 2014) then diannedawn's argument would have merit. But all of the above changes that markedly and IMO there is a major shot at punitive damages being awarded to TAUG.
My point to all --- nobody can predict what Tauriga ultimately collects. But the case itself is very very very solid IMO
He has given the company a chance to at least prosecute the lawsuit and build some business
This would have gone to $0 with anyone else running it
what exactly is the point?
Seth is not sleazy. And a lot of us find these personal attacks to be offensive and inappropriate
Obviously it was accidental and it was corrected within a day
It is always some angle to accuse Seth of something
The Guy works his butt off
Seth salvaged something out of nothing
And your calculations are incorrect again
What a guy???? Yes - he is actually trying to build something.
Perhaps Seth received information from Pilus that was incorrect.
Perhaps Pilus reported the number by failing to break it down into distributions.
And perhaps Seth acted responsibly and corrected such as soon as he found out
And perhaps Your ascribing of monetary value to 2 cent exercise warrants that are way out of the money is not even close to accurate
End result -- Pilus has 5 million warrants left instead of 15 million.
These things Happen and Seth acted responsibly like he always does. And that's why he has credibility
He never was paid $8,000 per month from BVAP
That is an utter lie
So dishonest to do that
Spreading lots of false things about Seth again
Seth was certainly not Calling anybody off the Nobo list with spongetech -- that's quite a lie. Why don't you show us your proof???
Disgusting to continually do this to someone.
This needs to stop - it's extremely unethical
What handsome paycheck did Seth ever collect from BVAP????
Answer: NONE
More blatant misinformation.
And yes -- Seth Shaw is not responsible for the idiocy of the previous CEO. And once Seth realized the magnitude of the squandering going on, he walked away.
Tauriga is being cautious and seeking legal advice on CBD oil
Because nothing is worth taking an unnecessary risk.
As for your claims that Ice and Jam is not legit
Total BS. Great products and company doing well.
Product is great
And ice and jam is doing quite well.
No- you aren't looking the facts
The lost Market cap isn't black and white
For 17 months TAUG had zero options other than to fight for its very existence
Why?????
Because Cowan made a mistake and exacerbated that mistake by its egregious subsequent conduct
Yes. Egregious
There's no hiding that.
I am trying to be respectful in responding to that
But you are 100% wrong
OK -- you state that "TAUGS should recoup any $$$ they PAID for that faulty audit"
Which was FULLY paid for, that is a fact
Your cotention may have been accurate had Cowan disclosed to Tauriga early on about the malpractice (for example in mid-late 2014 after they knew they were under investigation by PCAOB for this Tauriga related issue)
Had Cowan been honest about their error early on, that would have mitigated everything, and perhaps return on fees paid would have been sufficient
Instead Cowan chose to conceal this malpractice and Info about the ongoing PCAOB investigation (made clear in Meyler's Depo). As a result Tauriga didn't learn about it till the July 23, 2015 censure. By then way too late avoid delisting and collateral damages.
Like liquidated damages, like loss of liquidity, like loss of opportunity, like he triggering of delinquency default provisions is NOTES. Perhaps Tauriga wouldn't have entered into NOTES is June and mid July 2015 if they knew that PCAOB Censure was days away
Your argument fails to take into account the conscious decisions made by Cowan after they were informed by PCAOB that they had violated the "cooling off" regulation or Rule 3520
You are not taking that into account at all. And the court / jury certainly will. IMO
Ice and jam already has manufacturing and fulfillment infrastructure in place
Go to www.iceandjam.com
You could buy the HERMAN product now
And if you read the press release, TAUG already paid for 1st production run
And a product like that has many potential markets to penetrate
It's a much better angle at launching some revenue. IMO
No
Tauriga signed an agreement with a revenue generating fast growing company with great products
And this product HERMAN, IMO, has great potential if marketed correctly
That defense might be the weakest and most contrived of them all
And they are all pretty weak actually
First of all -- there are definable damages
Secondly -- besides the malpractice, their subsequent conduct prolonged and aggregated the period of damages many many months past what could have been mitigated by honest and honorable conduct once the malpractice was made aware to them
This will sound to a jury like "well, we should get away with our Injudicious acts because we don't think it actually caused definable damages"
That won't work
Cowan may find out the hard way that People, especially jurors, may sympathize with them more if they admit and take responsibility for their clear misdeeds rather than try to find a contrived argument to get away with them
These types of defenses clear the path to punitive damages. IMO
Is it necessary to post that?
Seth said that there will be no RS
And I'm sure he is working hard to build shareholder value
Clearly there is no Reverse split coming
NO REVERSE SPLIT
Dianne
Maybe you've had a child before? Like a 4 year old
Let's say your 4 year old breaks a glass and he/she lies to you when you ask if he/she broke the glass. And then hides the glass fragments under the couch to conceal the broken glass from you
Then your other kid, a toddler, crawls Around and cuts his/her leg really badly on the glass fragments under the couch.
The point is -- breaking the glass was no big deal if your 4 year old had been Honest about it from
The get go.
But now you are in the emergency room with your Toddler and your Toddler needs 31 stiches and will have permanent scars.
Certain behavior can aggravate a stiuation and certain behaviors can mitigate a situation.
If Cowan had been honest about the mistake during late 2014 rather than concealing the info -- the damages would have been mitigated
As things turned out -- Cowan deserves to get their heads handed to them at Trial. Is this case worth millions to Tauriga in terms of provable damages????? Yeah. It probably is.
Yes
TAUG will be around
Seth is committed to seeing this through trial. And he will get there
He is much more talented than you give him credit for
Actually -- it looks like he's pretty honest to me.
No. $4 million is valued at 3X in a public Company
And enables a major acquisition to be made.
It's not black and white like that
It's not like the cash gets dividended out and the company is dissolved.
It creates a platform to make a solid acquisition.
IMO, a $4 million win is worth 1.25 cents per share
That my opinion
That same 73 year old man did more than make a mistake
He aggravated what would Have been a more minor basis for damages by being deceitful, dishonest, and unethical subsequent to the actual malpractice or mistake in your words.
The 73 year old decided not to be honest with his client and as a result a simple mistake turned into a catastrophe for TAUG shareholders.
More than that, Tauriga suffered liquidated damages because Notes have default provisions built in that are triggered by delinquencies in filing SEC periodic reports.
Also, the conversion terms change immensely.
Like from 20% discount to trailing 5 day closes to 20% discount to lowest close of entire delinquency period.
Of course the stock price also gets hammered as a result of delisting. Etc.
There are expert reports that can independently opine to such as well.
A mistake is a mistake. But there were aggravating factors that materially harmed Tauriga shareholders and the case may very well prove to be worth the $4,000,000+ that TAUG has publicly stated that it is seeking.
Seth is bad, why???
Seth had nothing to do with that 1 for 100 reverse split. That was a decision made by Shinsuke Nakano and his affiliates.
You can't blame Seth for things that he's not responsible for. Nor should you be blamed for things that you didnt cause
Seth resigned as CFO of AWAW in August largely because he felt that 1 for 100 reverse split was not appropriate. Seth has never reverse split Tauriga, even under the present circumstances for example.
I think you need to look real carefully at the performance of and conduct by the CEO who ran BVAP in 2015. If you are Intersted in placing the blame correctly then you should look real hard in that direction.
For example a company that is not profitable should not spend tens of thousands of dollars per month or more on airline tickets, Rental cars, parties, dinners,lunches, salaries, hotel rooms, promotional activity, music groups, etc. etc. etc. etc. etc. etc.
That was not Seth Shaw who did that.
I would give you the following advice -- don't believe everything that you read or are told. Do your own research and read the filings from 2015. You tell me what you think of the way that BVAP spent its working capital.
There is a lot of misinformation being spread on this board about Seth Shaw.
Seth Shaw was never involved in any fraud whatsoever, nor is he a "thug," nor is he the cause of anything remotely responsible for the disaster that BVAP became.
BVAP was destroyed, simply speaking, because the CEO prior to Seth Shaw squandered millions of dollars on pure craziness and decided to financially back an 8th rate music group instead of paying the auditor and paying for necessary corporate actions.
It's pretty simple actually. The company pissed away all its money and never generated meaningful revenue because the CEO in 2015 was extremely poor in his decision making.
Seth took over the company in Janaury purely to try to save it from imminent bankruptcy. In addition to squandering Millions, the Previous CEO also managed to rack up millions more in liabilities and debts.
Seth settled these liability during March and April.
These are the facts. And continuing to debate this is a waste of time because the facts are really black and white.
Hope this clarifies some stuff. There are people on this board who consistently threaten Seth and tell a story about him that is 100% false. Do not rely on the words of others, do your own research. And you'll find very quickly that everything in this post is both accurate and verifiable.
Maybe Seth feels that he can build fundamentals and win the lawsuit (collecting a large sum - which is richly deserved)
And the stock can potentially trade over a penny organically at a future date
Also being fully reporting enables the company to Raise money relying on Rule 144
I don't quite understand why everyone is trying to read this in a negative way
Seth wants to try to uplist without a reverse split -- it's his decision and that's that.
That is a completely unreasonable conclusion.
It's not BS at all
The Company was simply communicating to shareholders that there is a conference on Jan 19 2017 and that the new trial date is expected to be assigned that day
It's simply Keeping shareholders informed
It's perfectly reasonable and the correct thing to do
The point is that Cowan's defense
Is problematic to say the least.
It's a weak attempt to justify why they should get away with clearly unethical conduct.
You cannot get away with what they did by trying to convince others to assume that the company would have been worthless
Clearly Cowan is in a lot of trouble and they may have quite an example made of them
$25,000 would buy 4 million shares at these levels
Not 40 million
It's called simple multiplication (3rd Grade math)
As I'm sure you've seen Cowan finally responded to the complaint, it's on PACER
And I believe they are going to get destroyed in court. Clearly they have no defense
Tauriga will win huge and build the company.
Enough people believe in Seth and this will have a shot at success
If Seth had been stupid enough to merge with DECN, then it would be worthless
More BS
Seth has never been involved in any type of fraud and all of these references are baseless. Always have been always will be
Once again
Seth has no relationship with Platinum and all you are doing is spreading rumors
It's very inappropriate.
To make this PEFRCTLY clear
Seth has nothing to do with platinum whatsoever and never has
It's a non issue
Zero issue.
Totally totally disagree with that
Seth has a platform to try to create business and value
And why are you treating him as if the Cowan debacle never Happened. Objectively, don't you think that he's had a lot of difficultly to deal with the past 17 months?
I don't get it.
I have no doubt that Seth is aware of this data and is making sure that the Company is not left in a position in which shareholders are jeopardized.
I'm sure that Seth will make the correct decisions
How do you know there will be a reverse split?
Do you Have any definitive info about that?
Did Dianne show you something like a filing with Florida or something??
Shouldn't we all at least wait to hear something official from the Company????
Something like this is a big decision with major ramifications. Shouldn't we assume that Seth has been very careful in thinking this through, whatever is decided on??