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Then do it and stop talking about it
disagree 1000000000%
in fact it is quite the opposite
and as for karma - few CEOs have ever made the personal sacrifices that Seth has for his shareholders. PERIOD
Making FALSE accusations about Seth Shaw, such as the one you made below, is disgraceful
'CONSULTANT CEO is likely hauling in something more than an 10% of the total securities portfolio's value!"
He is not hauling in a damn thing
He believes that this strategy is best short term, to create substantial shareholder value for a company with 3,700,000,000+ shares out
Spreading a lie like that is shameless
There have been ABSOLUTELY NO commissions - a malicious lie
And his income from Tauriga???
Maybe this will help you:
http://www.marketwired.com/press-release/tauriga-sciences-inc-chief-executive-officer-seth-m-shaw-invests-additional-137500-usd-otc-pink-taug-2236369.htm
what is an IBOX?
There are absolutely no efforts being made by the company, to mislead anyone
The balance sheet values the warrants at $0 because the Company takes a most conservative approach (as well it should)
However, if the Company decided to sell the Warrants, there would be a buyer at this time.
It's hard to say what price the Company would realize for just the Warrants. And I won't speculate on this Board. But it would absolutely NOT be $0
If VTGN were to be successful in the future (and for the sake of arguments, go to $4 someday), then the Warrants would bolster the balance sheet and enable the Company to sell the shares without feeling that all the potential future upside (subsequent to that point in time) were to be forfeited.
Also, Im not sure that its prudent to comment on every single daily close of VTGN. I believe that the Company didn't make that $480,000 investment in order to sell the stock at $1.55 or to boast about potential interpretations of Warrant Value.
Let's be patient and see what happens over next 6 months and beyond
what are you talking about??
BLNK just completed an $18,500,000 institutional raise and is fully funded
Its NASDAQ listed and fully funded and has lots of potential
makes zero sense . . . what you are trying to claim
That . . . because Tauriga participated in Joseph Gunnar's $18,500,000 round, somehow Seth is invoked with someone involved in the Company years ago?????????
Can we please stop non sense
Not a Joke at all!
Actually quite important
A company needs a clean balance sheet in order to potentially implement future strategies
Realistically Speaking, this Company's main asset (AV-101) is extremely valuable
This stock, sometime in the future, can be worth North of $10 based on its current cap structure
IMO
I think its pretty clear
that Seth has done something brilliant here
He has built a balance sheet that is multi faceted. And did an outstanding job settling the debts.
His performance has been phenomenal - now its time to make the correct moves
these generalizations being made are actually inaccurate
There was an immunotherapy that felt apart in early 2013. That began in 2011
Seth had to deal with that and rebuild from scratch
There is no truth in the generalization that Seth ran the Company straight down from 20 cents. Its just false in every way
And this is not what message boards should be used for.
actually, that's not correct
let's see if what you say is actually accurate ! probably not
Tauriga made the decisions it Made
And the decisions will either prove to be successful or not successful
thats all and thats that
Without Seth's efforts and $300,000 private placement(s), there wouldn't even be any of this to discuss
That is that
If someone doesn't like this idea, then move on
Are you 100% positive that Tauriga Will actually trigger this Investment Company Designation?????
Are you sure?
Is it possible that Seth Shaw already sought guidance on this issue???
How can you be so sure that there hasn't already been dialogue with respect to this.
Now, lets take a closer look at the VTGN investment --
The Company did value the Warrants at $0 as of December 31, 2017 as it should have (taking the most conservative possible approach)
However they are not worthless as the fact that Tauriga has these Warrants is something that provides potential leverage in a positive way
If VTGN were to disclose better fundamentals and the stock were to trade better, the Warrants would likely not be deemed as a negative thing
I think that Seth is 1000% making the correct decisions, considering the complex circumstances
Things also change very quickly, in both directions, in the microcap space.
And there are no guarantees. Nobody can be sure whether or not Tauriga (or any other company for that matter) will be successful long term.
What a completely untrue post
The dilution was in no way a result of the legal action(s)
The dilution was a result of the company being delisted in July 2015
for the millionth time - Seth actually put his own money into the Company (vs. this ridiculous assertion that he was getting rich during the past 3 years)
RIDICULOUS POST
Looks like a Company that had been fighting litigation for 2 1/2 years up until November 2017
Amazing to me, how you choose to omit that
is your contention, that Tauriga will be suspended???
I think Tauriga was extremely responsible in all of its activities
Read the language of Tauriga's press releases
1) https://globenewswire.com/news-release/2018/01/04/1283291/0/en/Tauriga-Sciences-Inc-Establishes-Wholly-Owned-Subsidiary-to-Acquire-Interest-s-in-Intellectual-Property-Pertaining-to-Blockchain-Technology-Company-Allocates-up-to-300-000-of-its-B.html
Paragraph # 2 of January 4, 2018 press release
"While Tauriga has already disclosed one relatively small diversification into a specific cryptocurrency (Groestlcoin), the Company believes that the acquisition of patents or interests in intellectual property relating to Blockchain, with an aim towards commercialization, provides shareholders with the best opportunity for long-term and accretive exposure to this market sector. The Company has yet to definitively identify any specific patents or technologies that may qualify for investment from the above-mentioned initiative. There can also be no guarantees that the Company will determine that any intellectual property under evaluation is worthy of acquisition or investment, or that the Company will ultimately acquire Blockchain technologies at all. "
2) http://www.4-traders.com/TAURIGA-SCIENCES-INC-12970097/news/Tauriga-Sciences-to-Diversify-25-000-of-its-Balance-Sheet-Cash-into-Groestlcoin-and-Gain-Exposure-25724364/
"Taurigas Chief Executive Officer, Seth M. Shaw, expressed, The Company has decided to provide its shareholders with a degree of exposure to the crypto currency sector. The Company believes that it has accomplished this corporate aim in both a measured and responsible manner. After carefully evaluating a number of crypto currencies, which incorporate block chain technology, the Company believes that Groestlcoin has incorporated some important features that differentiates it from other crypto currencies. The Company also understands that any exposure to this sector, at this point in time, carries a high level of inherent risk. Therefore, the Company has limited its downside to $25,000 but is hopeful that this exposure to Groestlcoin will ultimately be successful for its shareholders."
Final paragraph from December 27, 2017 press release
Tauriga never claimed to be a "Blockchain company." It decided to evaluate potential opportunities that may have future value. And the Company actually had the cash to do so, due to Settlement.
Tauriga took $35,000 of its cash to take a shot on one single crypto currency that it believed was differentiable from the others (and made it clear that it was an extremely risky investment)
Tauriga did set up a subsidiary to contemplate "Blockchain based IP opportunities" but also made it clear that there were no guarantees of any transactions
Tauriga never misrepresented anything - NOT A THING
You shouldn't claim in a post that Tauriga is about to be suspended just because other companies may have done irresponsible things
Its very wrong to do that
I think Tauriga's goal is to enhance its balance sheet, so it can be in a position to get better terms with respect to an acquisition or possibly be able to attract higher quality opportunities
We all know that Tauriga has a lot of shares outstanding -- which was a result of default penalties, liquidated damages, and conversion resets during 2015, 2016, 2017
You reference to "unsuspecting shareholders" is non sense
Tauriga has fully disclosed its transactions and anyone who wishes to sell their shares (because they may disagree with management) has the right to do so
Perhaps the Company felt is was better to take the risks necessary to enhance the balance sheet rather than be forced to throw a Hail Mary with the net cash position.
There are no guarantees that it will work. NONE. -- And yes, the strategy is inherently risky - In my opinion less risky than trying to make a high enough quality single acquisition with the exact resources available to the Company after the obligations and debt repayments were deducted from $2,050,000
The CEO has plenty of skin in the game (approx $300,000 invested personally at higher prices - $0.00125) and I can assure you that his interests are squarely in building shareholder value.
Without Seth's hard work and personal capital contributions, there wouldn't even be a balance sheet to discuss on this Board. There would be a worthless and bankrupt company. Let's make this point abundantly clear. And the notion that Tauriga settling for a few hundred grand in early 2016 (as a better solution) is utter hogwash. And a truly flawed contention
As for you comment "How much cash is left"
Because Tauriga has only bought registered securities, the cash and marketable securities can be combined at any given time. The Warrants are great, because even Tauriga chooses to liquidate a position, there is still potential upside long term.
Lastly if someone feels they could do better or could have done better since July 9, 2015 -- then that individual could have shown up at either special shareholders meeting and tried to rally the votes to vote Seth Shaw out as CEO. SOMEONE can still try that approach now. go for it
Im sure it was very easy to run Tauriga over the past 2 1/2+ years. It's so easy - why doesn't someone else actually try it
You are basing this off of sales as of December 31, 2017
That is basically a week after the product was launched formally
You are well aware of this fact
chill out dude
I think its best to stick to facts on the message board
And nothing other than hard facts. there is no reason to discuss anything other than facts an proper company disclosures
simple enough
Your post seems to claim that Seth "took a fee" for executing the funding to keep the Company afloat during 2015, 2016, and 2017
"BTW...since the poster seems to have somewhat less than public detail about TAUG and Shaw, did CONSULTANT CEO Seth Shaw receive any commissions as compensation for arranging the toxic financing deals? If so, these payments would be completely contrary to acting on behalf of the TAUG investors! It would be a blatant conflict of interest!"
That suggestion, in your post, is absolutely false
Seth's "fee" was the privilege to supplement the financing with a $300,000 private placement from his own personal money
Really
who kept this company afloat for the past 2 1/2 years?
Thank you for that observation
All it requires is to read press releases and public filings. And to be objective when learning the factual information
Tauriga is lucky to have a very transparent CEO who fights for shareholders
Rawman - This blanket statement of yours (paraphrasing of course) "That every share issued by Tauriga from August 22, 2012 till today's date is somehow Seth Shaw intentionally trying to harm shareholders"
is absolutely untrue
There are a number of events that occurred between August 22, 2012 and today's date
One thing that is apparent - Seth Shaw stuck with the Company when it would have been financially advantageous to him to walk away.
Tauriga is lucky to have Seth as CEO . . . I think thats pretty obvious by now
I think that Seth is taking very seriously, the future success of this company
He has paid down the Company's convertible debt and he publicly disclosed (recently) that he feels that Tauriga will be completely free of convertible debt on or around March 31 2018
'
The Company acquired $35,000 of Groestlcoin
$480,000 of VTGN
and has disclosed that it is seeking at least one or more major transactions during 2018
The Company will be filing its 10Q for its 3rd Fiscal Quarter of 2018 very soon
Once again during 2017 Seth invested $300,000 of his own personal money at $0.00125 and fought hard to secure $2,050,000 in Settlement plus whatever additional (if anything - from that agreement)
He has succeeded in securing open market bids of nearly 200,000,000 (presumably from an institutional investor)
Yes- the stock did close at $0.0007 today. Thats true
Does that make Seth a bad CEO????? NO it doesn't
It means that he is being patient and focusing on extensive due diligence procedures moving forward (some of your criticisms have been valid)
I would like to remind you that there would not be a company to talk about without Seth's dedication and willingness to invest his own money. Not $18,000 like Stella Sung (who was also taking $14,000 per month cash salary plus a benefits package that was more reminiscent of Microsoft's CEO)
Perhaps Seth will do a great job over the next 12, 24, 36 months. etc. etc
GLTA
I am sure Seth is taking the steps to really solidify the foundation
It seems like there may be some quality investors bidding for the stock each day
I think that Seth is building this correctly
He knows that if he does things carefully and intelligently, that this can have the potential for a successful long term future
Clearly, there are institutional investors that believe in him
Most stock at these levels, don't end ups with 50,000,000 / 100,000,000 / 150,000,000 / 200,000,000 institutional bids
For Example.
I think a lot of people take this for granted. The quality of Seth's rolodex and his staunch level of commitment to Tauriga's future
Let's see what happens over next 6 to 12 months.
Have you ever thought that maybe Seth has plenty of market support backing him at these levels?
Perhaps he has his own strategy that he is adhering to
There is no need to humble you
Just wanted to make sure that you got the correct figure, that's all
Not every post always has to be adversarial
I see what you are referring to now!!!!!! REAL FUNNY
https://www.sec.gov/Archives/edgar/data/1142790/000149315214003242/xslF345X03/form4.xml
1,444,000 X $0.0125 is $18,000
NOT $180,000
Quite a difference -
Show proof please, that Stella Sung invested $180,000 into Tauriga (via private placement in 2014)
Please show us some proof!!!!!
Because that NEVER happened
Secondly, Seth invested this $300,000 to make sure the Company could continue and move forward. It is very wrong to conjure up other explanations
What do you mean by diluting????
Just because shares are sold, doesn't mean there is more dilution.
The presentation does not take place until 4:30pm EST today
that's not for another 25 minutes.
Read press release from last week
some people don't believe its "pathetic"
try sometime getting a result like that on your own
especially with the $348,000 Group 10 liquidated damages issue being resolved for $60,000 cash
Seth Shaw did the exact opposite: He prevented billions of shares of dilutions
by investing $300,000 of his own money at $0.00125
and by obtaining a $2,050,000 Settlement
Such malicious spreading of misinformation
They may be basic questions, but the answers are readily available ion someone spends 5 minutes reading press releases / filings
1) $480,000 into VTGN was $1.50 per share with full 5 year warrant at $1.50 strike price
2) Groestlcoin average price: approx $1.88
3) Convertible Debt less than $225,000 Face Value
4) 625,000 GNIN shares, cost basis 22 cents
5) 20% Plus energy
6) 5% Honeywood
7) Cash -- likely quite substantial
hope that helps
long term the technology is unique
If it becomes adopted, LTBR actually has potential to be a $1,000,000,000+ market cap company
"He continues to use other peoples' money?????"
Actually last time I checked Seth put $300,000 of his own money (through $0.00125 private placement) to make sure the Company had a chance to obtain a more fair Settlement. Is there a reason, why your posts omit this fact?
http://www.marketwired.com/press-release/tauriga-sciences-inc-chief-executive-officer-seth-m-shaw-invests-additional-137500-usd-otc-pink-taug-2236369.htm
Secondly, READ THE PRESS RELEASE from December 27, 2016. It's really not difficult to understand . . .the Company did not end up spending $2,000,000 on Pilus Energy due to cancelation of 80% of Warrants.
http://www.marketwired.com/press-release/tauriga-sciences-inc-sells-majority-stake-pilus-energy-subsidiary-open-therapeutics-pinksheets-taug-2185449.htm
The Settlement was $2,050,000 (not $2,000,000) for the sake of accuracy. And I'll say it once again. There is not another CEO out there who fights as hard, day in and day out, for the shareholders as Seth Shaw does
http://www.marketwired.com/press-release/tauriga-sciences-inc-enters-into-confidential-settlement-agreement-general-releases-otc-pink-taug-2240338.htm
He has done an outstanding job and hopefully the future will be successful as both he and the shareholders deserve such
Id be more concerned about price in a year from now
Better to focus on potential $6 gain than a short term 60 cent "peanut" gain
Seth is probably the furthest thing in the world from a "Colossal loser"
The Company has recently disclosed that less than $225,000 Face Value conservable debt remains and that the Company can quite easily repay all for cash - should it be deemed in best interest of shareholders
Seth is an outstanding CEO and that's the only reason why there is still a Company here to discuss
It is such an undervalued asset, in my opinion, that fair market value (based on this current cap structure) could reasonably end up at $40+ per share long term.
This number is not crazy, its actually quite justifiable based on comparative analyses
This $20,000,000 figure that you throw around has absolutely no merit
The Company never ever discussed any numbers close to that. The Company disclosed certain figures and the case Settled before trial. Please show a press release for filings, in which the company stated this $20,000,000 figure. Also - a Settlement is a guaranteed result. it is not the maximum result that could occur if a case progresses to trial.
Your post seems to insinuate that Tauriga misled investors about some "$20,000,000 figure"
That simply did not happen and it is pure non-sense and malicious misinformation
Secondly, Seth is not a magician. I am sure he is working as quickly as possible to build shareholder value. And nobody should be judging him based on unrealistic time frames. The product launched in mid December as committed by the Company, and we shall see how things progress from there.
Let's not forget, Seth put $300,000 of his own money into the Company at $0.00125 and this Company is alive today - only because of Seth's hard work and dedication.
With all the attacks waged against him, nobody actually states the facts
Maybe Tauriga will do very well long term. Who knows? we shall see