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And approx. +$350,000 between BLNK and BLNKW (combined)
hopefully these are all well thought out investments and with time and patience they all work out well
If you read FY 2018 10k year end
Tauriga makes it abundantly clear that it values the warrants at $0 on the balance sheet
The company takes the most conservative possible approach. There is a paragraph on this in that 10k
So suffice it to say, the vistagen warrants will almost certainly be valued at $0
However they certainly are worth more than $0. Whether they currently are worth 30,40,50,60,70,80 cents etc etc. it is more than $0
Tauriga has made a decision to be ultra conservative about this stuff. No hedge fund in the world would value these 5 year warrants - realtively close to the strike price with 52 months left (has been over $1.50 many times since December 2017)
its a very undervalued deal.
it trades strangely but undervalued IMO
Actually your post is factually incorrect yet again.
The recent press releases have made it clear that the stock has to close at a penny or higher for 15 days and NOT 30 days
That was the concession made by OTC Markets to Tauriga to expedite the up-list process
Since you read every single word of everything that TAUG releases, you surely read that press release
Paragraph # 2 (press release from July 9, 2018) see link below --
https://finance.yahoo.com/news/tauriga-sciences-inc-successfully-petitions-110000831.html
Why post something that you know is inaccurate????
Meanwhile, the stock has not closed under a penny and may prove to be a good value at these levels (I guess time will tell)
Also the company disclosed previously that June 30th reported quarter will demonstrate a significant improvement in balance sheet.
maybe the stock is now oversold ?? who knows?
I am confident that this company will have a fair chance to succeed. GLTA
It probable means with the next few weeks.
And yes it is a small type O
everyone on the IHUB board is perfect
Im sure you are perfect
Actually it's quite accurate to state that point (the $0.01 minimum close for 15 days)
Every single press release issued by the Company about the potential up list has mentioned that point
Is it really necessary to try to find things that don't exist to bad mouth a CEO?
It's beyond pathetic
perhaps Seth Shaw follows the guidance from his corporate counsel on how to properly disclose (Nixon Peabody is a large firm and probably has other clients)
Rawman - do what you gotta do. go for it
hopefully TAUG did very well on BLNK
not true
NASDAQ listing has nothing to do with share count
number of shareholders, share price min., and make cap are the requirements
because the 16,000,000 is slightly short of required legal QUORUM
like 17,400,000 required
It should have been voted against
AYTU management team are not acting in the best interests of all the shareholders. And they should have to answer for their conduct
We all know that BLNK had an amazing run during May 2018 and that such gains wont be reflected in this filing
Period Ending: March 31, 2018
Obviously Seth's strategy had much better success since April 1, 2018
We all know this.
Perhaps Tauriga made a good decision by presenting at Berlin Conference
And perhaps management can make its own decisions without the opinions of those who have zero interest in being fair and balanced about the Company
No matter what Seth does, you will be bad mouthing it. So what's the point?
This type of comment and analysis is extremely short sighted and unfortunate / and it is unfair to Seth Shaw:
On March 31, 2017, Tauriga had $18 of cash and $2,000,000 + Debt
See Page # (F-1), below Link:
https://ih.advfn.com/p.php?pid=nmona&article=76694509
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At December 31, 2017, Tauriga $1,000,000 of cash plus marketable securities and $500,000 of debt; more than $500,000 in POSITIVE STOCKHOLDER EQUITY
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With BLNK and VTGN both doing far better, those figures could potentially improve by June 30, 2018
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Seth has invested more than $300,000 of his own money since taking over as CEO on July 9, 2015. Despite frequent lies being spread on this IHUB Board, his salary has been very modest at all times (especially considering his outstanding performance - his salary, most of which is non-cash compensation, is fully disclosed in all the SEC Periodic Filings. So do not believe the insane non-sense that Seth Shaw is hiding his compensation which has been incredibly modest levels). What a contrast to Stella Sung who paid herself in reality approx $400,000+ all in for Fiscal Year 2015 and the first quarter of fiscal year 2016. We might as well tell the truth here, and put it all out on the table. Because this board has gotten out of hand in terms of its daily targeting of Seth Shaw.
Not to mention, Stella Sung, took all of Tauriga's remaining cash as severance on July 9, 2015 (for 1 month back salary, severance, health insurance, and of course her car that she made the Company pay the lease payments for. THIS IS A FACT
See Item 5.02 on below link
(https://www.sec.gov/Archives/edgar/data/1142790/000149315215003014/form8-k.htm)
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When you post "Seth Shaw = $0.0004" what you are really saying is that in your opinion Seth Shaw has destroyed the Company
This is absolutely false and a travesty
What you should be posting: Because of Seth Shaw, TAUG > $0
--------------------------------
Lastly, Seth Shaw may be proceeding with extreme caution to avoid making a bad mistake. And to find the correct opportunity for TAUG shareholders. Seth Shaw should not be concerned about the stock price today. he should be concerned with making the correct moves and avoiding a fatal error. Tauriga is on its 9th life (in cat analogy) and it cannot sustain any type(s) of error(s) moving forward
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The last thing I'll say. Some posters attribute the 4,000,000,000 shares out negatively against Seth Shaw. This is false as can be. the IMUN deal fell apart. Stella Sung did a horrible job as CEO and let's not forget, her decision to surrender to Typenex after TAUG won in Florida State Court (October 2014), is one of the most pathetic decisions I've ever seen. Seth also single handedly came up with the $230,000 during late May 2015 to save the Company at that time. Otherwise Typenex would have received more than 1,200,000,000 more shares.
https://www.sec.gov/Archives/edgar/data/1142790/000149315215002419/form8-k.htm
The Company would TODAY have way more than 4,000,000,000 shares out (which were 100% the result of the July 31, 2015 delisting, default penalties, liquidated damages, conversion price reset due to filing delinquency, etc.etc. etc.), if Seth Shaw didn't invest another $137,500 on October 6, 2017 ($72,457.89 of which was used to retire November 2016 $45,000 Face Value Note). Had this Note converted (at the applicable price at that time of $0.000125), it would have added at least another 1,000,000,000 shares to share count
See Press Release Link from October 11, 2017
http://www.marketwired.com/press-release/tauriga-sciences-inc-fully-repays-45000-usd-face-value-convertible-debenture-one-time-otc-pink-taug-2236830.htm
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This post may be very long, but it had to be written. There is too much negative, unwarranted, and maliciously false information being spread about Seth Shaw every single day. He has done a terrific job (I will concede that the share price has not yet reflected such - hopefully that changes)
One Final thing
BLNK was a great performer - Seth believed in BLNK and perhaps TAUG did very very well (let's hope so). A recent "Rawman" post calculated that Tauriga made $220,000 profit on BLNK position. That is based on Friday closing price only. That number could potentially be greater.
VTGN isn't "DOWN" at all, as incorrectly stated in a recent post. It actually closed at $1.50 on Friday, not $1.44 as misstated in that same above referenced post. The fact that Tauriga has 320,000 warrants at $1,50 strike price (5 year) actually means that this investment is well ahead of break even. THIS IS A FACT
AYTU is down a little, but that's hardly material
GNIN is 5 years old, and those shares were not purchased by the Settlement Proceeds.
Groestlcoin has been as high at $4.00 and is currently slightly lower, once again not Material
Seth also salvaged 20% interest in Pilus Energy and 5% equity stake interest in medicinal cannabis firm Honeywood LLC - despite Stella Sung blundering that transaction from here to "kingdom come"
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I hope everyone reads this post and understands the truth. Seth Shaw persevered an impossibly difficult 2015, 2016, 2017 (the July 31, 2015 delisting actually occurred after Stella Sung had literally devastated shareholder value for 15 months with blunder after blunder after blunder after blunder, IMO)
This Company actually has a very good balance sheet and the current strategy appears to be working extremely well. Kudos to Seth Shaw for avoiding a potential hailmary acquisition / fatal mistake and making the courageous decisions to focus on growing the balance sheet assets made possible by the $2,050,000 Settlement (that Seth Shaw fought his heart out to secure).
Perhaps for the first time in many years this Company has a legit shot at a successful future. So Seth Shaw = $0.0004????????????????? I could not more strongly DISAGREE
And for the record: Seth Shaw was NOT in a conspiracy with the SEC and PCAOB to intentionally get the Company delisted on July 31, 2015 as inexplicably referenced/accused in a number of IHUB posts
GLTA
It is amazing how one single post can contain so many statements that are utterly ridiculous and false
It is a travesty to say the least
You are correct again - Seth was in a conspiracy with the PCAOB to get Tauriga delisted in July 2015 and
And you are correct yet again - Tauriga will surely declare bankruptcy next week -
You are always correct about everything - we know this
Yup
Has Shaw ever not filed on time???
Tell me one time when Shaw hasn't filed on time?
One Single time?
I'm sure that the answer will be July of 2015. Of course that would be your answer (of course that whole delisting was Seth Shaw's fault. He intentionally made sure that the 2014 financial statements were not independent. Yes! We've read your many many diatribes over the years).
Seth Shaw is the one who caught up on 14 delinquent quarters and regained Current status on December 6, 2016! And secured the $2,000,000+ Settlement
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Yes, March 31, 2018 filing (or the FY 2018 Form 10K) may not be as good as the next filing (June 30, 2018 or Q1 FY 2019)
Everyone is well aware that BLNK and VTGN started trading much better, especially BLNK, well after the date March 31, 2018
I would bet very strongly that Seth Shaw does file the FY 2018 Form 10K on time. Want to make a bet on it????
the management team has made some horrible and inexcusable blunders. mind boggling to me
What day this week is Tauriga declaring bankruptcy??
since you seem to have a source of inside information?
tell us?
Maybe the Company has successfully ignored these ridiculous posts and is focused on success.
Now we are relying on Cowan's valuation expert?
hat's a very impartial thing to rely on
I know, we've heard this before from you -- Tauriga is about to go bankrupt? right ?
What do you think? next week?
We all get it
Congrats on your analysis
you are wrong across the board
Especially about ITL - your facts are "ass backwards"
Shaw's compensation???
Really?
you have got to be kidding
The better question is: How much of his own money did Shaw invest into TAUG to keep it afloat for 5 years
Not worth getting into a pissing contest, but your facts are miserably incorrect
No
It means exactly what it said
It means that Seth Shaw is not perfect and absolutely has made some mistakes
But the vast majority of these one sided claims on this Board are simply untrue
Whatever these bogus claims are that Seth Shaw had something to do with Wine or Lawsuits, is total non sense
NOT TRUE
And all of these things constantly being attributed to Seth Shaw are largely untrue as well.
Everyone knows the ITL story. Seth was the one who picked up the pieces and kept the Company afloat
Perhaps the stock will have tuned out to be a compelling buy at these levels!
who knows?
All stocks can either go up, go down, or stay the same
Perhaps Seth Shaw is more concerned about executing an impressive long term game plan, than worrying about the stock price today/tomorrow
Clearly the calculated risks that Seth took over the past 6 months have started to come to fruition. He deserves a lot of credit for following his instinct and avoiding a fatal mistake thus far
Perhaps TAUG stock will start to do a little better
In my opinion Tauriga is likely doing quite well
And it is richly deserved
it has a CEO who has put shareholders interest ahead of everything else and that results in good Karma
Hence BLNK and now VTGN and who knows - may AYTU too (no punn intended)
This is what happens in life when a CEO does the right thing and sacrifices himself for the better of his/her shareholders
If there is any justice in the world, Seth Shaw will build Tauriga into a $100,000,000+ Company
Just my thoughts
Seth absolutely was awarded $1,000,000+ from ROII (if all applicable interest is added since the March 1, 2017 Arbitration decisions in Shaw's favor)
The below link should help to clarify things a bit for you. This is 100% collectible as well
Link: https://www.leagle.com/decision/infdco20180302d76
Next Issue
Your comment
"We know for a FACT, CONSULTANT CEO Seth Shaw PAID HIMSELF 37,000,000 TAUG SHARES back in March of 2016! The compensation was publicly disclosed!"
These shares were Not Paid to Seth Shaw. They were issued to Seth Shaw in consideration for him forgiving the cash reimbursements of $24,714.86 that we was owed as of March 30, 2016 (as the Company was fighting for its life at that time)
The below link should help clarify this a bit for you (Please see the Green Print in the Section labeled "Explanation of Responses")
https://www.sec.gov/Archives/edgar/data/1142790/000149315216009124/xslF345X03/form4.xml
I think that its best to post accurate information about the CEO, Seth Shaw. This is someone who puts shareholders first and will continue to
remember financing was 2 warrants per 1 share
and warrants do have value too
So a share price nearly doubling doesn't really incorporate warrant/derivative kicker added
double would be a weak result
Tauriga would 100% be reducing the authorized proportionately
The press release has made the crytsal clear
Look
These are all very risky and volatile
AYTU was successful - most smart people do take a profit when they are up 30%+
Seth's strategy can work well, especially if VTGN becomes successful
However, TAUG had a nice week this week, clearly. And it shows that things that can happen fast in both directions
I think TAUGs strategy is wise
There was a Confidential Settlement Agreement Entered into by Tauriga and Predecessor Auditor on November 9, 2017
Here is link to Press Release
http://tauriga.com/tauriga-sciences-inc-enters-confidential-settlement-agreement-general-releases-connection-action-former-auditors/
Tauriga received one Time cash payment of $2,050,000 late last year and the other terms were kept confidential pursuant to terms and conditions of Agreement.
It is not the Company's biggest holding
It is the Company's 3rd biggest holding
get your facts straight
The stuff you post is simply untrue to the core
it's not even worth responding to each point.
because what you post is factually false
Seth didn't buy any Notes in Tauriga
He invested at $0.00125 per share private placement ($287,500)
Get your facts right before posting
http://www.marketwired.com/press-release/tauriga-sciences-inc-chief-executive-officer-seth-m-shaw-invests-additional-137500-usd-otc-pink-taug-2236369.htm
Both of those contentions are malicious and false
And it's getting old
I don't think its terrible by any means
Its small potatoes
especially considering the volume
Saying that - it does hurt momentum a little
Someone on this board used the term "AH carnage". That is a bit extreme
Not the biggest deal in the world
they repriced 3,500,000 options from a previous investor
https://ih.advfn.com/p.php?pid=nmona&article=77048292
But I don't know why they would arbitrarily do that. There must be a business reason
I still think you are better off looking at 90-180 days from now
Not daily trading,
The assets here are really world class
perhaps its a great buying opportunity
perhaps that seeking alpha article was not accurate and cause some panic (especially with respect to the trial design aspect)
Perhaps VTGN fundamentals are as strong as ever and it will recover soon
I believe that it will
Yes, VTGN has plummeted today as well as the past week +
And that is certainly not a positive development
I don't think that there should be any assumptions made, that Tauriga is being forced to sell any balance sheet item to fund a potential acquisition. Perhaps the Company will have a different funding strategy that does not require the sale of balance sheet assets
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It should also be mentioned that AYTU had an excellent day. The Company owns approx. 190,000 shares at 43 cents and 111,000 warrants at 54 cents (5 years)
That stock was up to 60 cents today.
Maybe VTGN will recover later this week, who knows
The point is -- not everything has to always be doom and gloom
you may want to just hold for 90-120 days. remember - the stock came down precipitously because the can HAD TO RAISE THAT MONEY LIFE OR DEATH
That money has been raised now. the pain was already baked in
The assets are worth a ton more than 55 cents, IMO
remember, that AYTU absolutely had to raise that $12,000,000
The stock was destined to get pummeled short term
But there are 2 factors now, that make AYTU today, in my opinion, a really compelling purchase
1) Company may never have to raise capital again
2) Company's assets are world class
Despite the fact that there may be 60,000,000 shares out fully diluted -- the Long term value of the Company is potentially several hundred million dollars
This is one of the rare instances that it makes sense to "catch a falling sword" because we know why the stock crashed and we understand the entire situation that lead up to that crash
AYTU does have the potential, even this year, in my opinion, to trade back to the $2-$4 range.
Hope this helps