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then perhaps nobody should publish posts that suggest that TAURIGA is a cheap lottery ticket or there is some sort of definitive reason while Tauriga will win very little (or that Tauriga, for some reason, deserves to win very little)
The Truth is -- that none of us know what the outcome will be
There is probably a vast potential range of outcomes
How low?
are you sure about that?
It seems to me that Seth paid for those 37,500,000 shares during March 2016 (by forgiving the cash reimbursements owed to him at that time) -- read the bottom section of the Form 4
Read the green print in "Explanation of Responses" Section
Link: http://www.secform4.com/filings/1142790/0001493152-16-009124.htm
In addition - Seth has worked hard for two years keeping this Company afloat and absolutely deserves to earn shares. He has done the right thing for shareholders. PERIOD!
It also seems to me that Seth has never given up and continues to fight hard so that the Company has a chance to win the lawsuit and move forward to build a solid future.
He deserves credit.
Looking at Tauriga's stock every single day is a waste of time
Are you stating that Seth bought a Ferrari? And are you saying that Seth did something illegal?
What exactly are you suggesting? State it!
Oh sure
it's really that simple, isn't it
everything is always black and white in the world.
No. you've got it all wrong.
The Company may actually have a chance to be successful long term. It's way too easy discount the outstanding work off the CEO - the past 24 months
"Now" is constantly changing
I think Seth is more worried about 12 months from now, than 12 minutes from now
which is what?
wow!
thank you for confirming the dilution that the Company has suffered the past 2 years (there may be a reason for this dilution)
And the Company will hopefully be compensated appropriately for such
Nobody was trying to make nice
It's called trying to conserve energy for more important initiatives
Berman has the habit of constantly berating and bad mouthing TAUGs CEO
TAUGs CEO is doing what he genuinely feels is correct to give the shareholders a chance for long term success
perhaps Berman would have settled the case for what was offered (he is entitled to his opinion)
However that doesn't give him the right to question the integrity and motives of TAUGs CEO
My strong feeling is that -- this "whistle blower" will quickly be proven to be a total fraud and liar
My guess is that this "whistle blower" will become a grave liability for the defense (and the defense may have enough problems already to deal with)
Throwing around the threat of a "whistle blower" is a clear sign of desperation from desperate people
Ultimately the truth comes out in these types of proceedings - and liars are exposed with relative ease
I expect that the Trial will yield a fair and just verdict (should this case not settle prior to that) and no fraudulent "whistle blower" will EVER be able to change that
IMO
Berman should not be listened
he spreads false info either for his own amusement or for other reasons
Seth Shaw had NOTHING to do with any of that non sense
And that post needs to be retracted.
we can agree to disagree
And the Company has continually updated shareholders as to the progress of HerMan launch in an honest and transparent manner
you know this
Why don't we all just let the legal process proceed
and stop making personal projections
There will be a fair and just Trial in NJ Federal (Nov. 14, 2017).
That is all
Because the Company has a strong case and a successful outcome (either a settlement or an eventual award), is certainly not a "lottery ticket"
In my opinion, the Company has a legit shot to be successful longer term
But time shall tell.
your analogy of a "lottery ticket" is not correct in this case
nothing like that, in my opinion
not a lottery ticket
more like a giant call option
Tauriga is fighting the battles that it has to fight
And the company will do its best from now until Trial
just leave it at that - and let the system work the way its meant to
why don't we all chill out
and wait and see what happens next
might be smarter that way.
perhaps it would be best if everyone were successful in their own respective business ventures - and nobody should hope for anything different
and all the personal attacks were to stop once and for all
How is it productive for DECN, if you attack Tauriga or make a joke about the stock being in "Tripz"
Maybe the management team is working hard to address that, despite having to deal with a very difficult past 2 years
Likewise, how does it help TAUG for DECN to be attacked?
None of this is productive in any way
Also, your comments about the Berman "tortured" departure and July 1, 2016 press release is your interpretation of the event. Perhaps there are other perspectives that are markedly different than your own
The message here is: How would it hurt anyone - if:
1) All needless personal attacks stop immediately (and all parties respect that)
2) All parties should be wishing one another success instead of failure (this would be better karma and there is no reason to spread negative energy)
It's not throwing anyone under the bus
It's a fact
And perhaps you are making unsupported generalizations
That is not true at all
totally totally FALSE
I think that there are many others who disagree with your opinion
For example, if a certain entity had conducted itself differently over an 11 month period, then nobody would even have to have this "crystal ball" debate
your opinion that Seth Shaw would have automatically failed in his efforts as CEO (which is far from certain), is not an excuse for deceptive, and dishonest behavior from any type of professional service provider
It's not even the slightest bit of wishful thinking
The Company in that same press release, disclosed that it was planning to evaluate potential acquisition candidates
Perhaps the Company felt it could close an acquisition, and that the fundamental value could potentially far exceed one cent - organically
And perhaps it could have! Perhaps the Company should have had that opportunity
what link is this?
what's your point exactly?????
It is my opinion, that the Comitos correctly determined the individual responsible for destroying BVAP shareholder value.
just my opinion
what exactly does that mean??
is that some sort of joke or insult?
1,000% rumors
Seth had nothing to do with this DNA Metals garbage
and has never been involved in any type of unethical conduct
HE even stepped in as BVAP CEO in January 2016 when Kimmel left it with gigantic debt loads and $0 cash
And he managed to save it from bankruptcy, at great personal cost
These are the essence of vile rumors, and once again:
If someone violated securities laws, then they should be held accountable!!!
Life isn't always that simple
Sometimes a person trusts another person, and later discovers that person is the opposite of who they thought
I'm sure its happened to everyone before
Once again, who cares
If someone violated securities laws, then they should be prosecuted
Just like others have been in the past!
Josh Kimmel is probably the least credible human being who has ever existed on this planet
Him throwing somebody under a bus, is meaningless
As soon as someday checks his background and verifies the facts, it becomes strikingly apparently that he carries less than 0 credibility
who really cares what he says, or what deal is working with, or what he does?
WHO CARES
it's not that all!!!
It's that you make these very one sided "black and white" claims, suggesting that the Company has been intentionally hurting shareholders, and so on and so on.
You also continually try to make excuses for Cowan Gunteski, and you state that Tauriga basically was to blame for what happened
You also seem to think that there was no malpractice, that Cowan Gunteski acted flawlessly, and somehow Tauriga should have predicted that this disaster was going to happen in late July 2015
You omit so many facts, that are really clear and incontrovertible, and you do it in a manner that basically makes it seem like Tauriga made all of this up out of this air.
Let's discuss Dilution for a moment ---
1) Dilution - Tauriga's two outstanding Notes as of July 31, 2015 were directly affected by the malpractice and delisting / and the conversion terms and principal amounts were contractually adjusted due to the penalty clauses.
Unless you are arguing that tauriga knew about the malpractice the entire time (which Bill Meyler's publicly disclosed deposition clearly refutes), then that dilution has to be attributed (at least to a degree) to the conduct of the predecessor audit firm
2) Dilution - The Company's share price plummeted following July 31, 2015 as did its ability to secure capital and contemplate a potential acquisition.
Therefore, the company had to issue additional shares (at much lower prices), to secure some additional help and settle some outstanding issues. This is, indirectly, at least partially attributable to what happened (although there may be no exact formula to value such)
3) Quote from your earlier post
"Note that the above period began months BEFORE the company lost its OTCQB status and months AFTER it became current with OTCMarkets. Also note that as of the date that TAUG lost that status the company was ALREADY out of compliance with the OTCMarkets standards.
"Let's not forget nearly 1 billion shares of dilution."
Yes, I think we should forget about nearly 1 billion shares of dilution. It's nonsense.
I wonder how many of those 457 million shares for "services and compensation" went to the author of that statement?
Many things have gone into the dilution of Tauriga's common in the last few years. "
Response:
July 13, 2015 - just ten days prior to the PCAOB Censure, Tauriga issued a press release naming Seth Shaw as its CEO.
(http://www.prnewswire.com/news-releases/tauriga-sciences-inc-appoints-mr-seth-m-shaw-to-positions-of-chairman-and-chief-executive-officer-and-ms-ghalia-lahlou-as-interim-chief-financial-officer-effective-immediately-300112018.html)
The Company made no secret of its business plan (at that time) to enhance shareholder value. Read paragraph # 4
"This morning the Company has announced its intention to fully divest its natural wellness business within the next two months. In addition, the Company is actively evaluating several potentially lucrative acquisition opportunities. The Company will be working tirelessly to both restore and create shareholder value and looks forward to updating shareholders with respect to progress as soon as practicable."
------------
THE FACT OF THE MATTER IS that Tauriga made a management change (replaced Stella Sung with Seth Shaw) and Shaw's decision was to evaluate and complete potential acquisition(s) to create shareholder value. Would that have been successful or not? It's hard to predict with a strong degree of certainty, such an outcome.
But the Company never got the chance, and quite frankly, it should have had the chance. The Company should have been notified, by Cowan Gunteski, about the malpractice and potential consequences (that we all know played out). Between August 2014 and July 23, 2015, Cowan Gunteski knew about the malpractice and pending PCAOB action(s) and deliberately chose not to notify the Company while simultaneously billing the Company a lot of money $ and even demanding more money from the Company specifically for the purpose of again issuing an independent verification opinion for the FY 2014 audit of the financial statements.
FY stands for Fiscal Year
Whether you want to agree to this or not, the Company entered into two convertible notes right before its delinquent SEC filer status, because it had no inkling that it was at any risk of becoming delinquent.
There have been many hundreds of millions of shares of dilution that can be attributed to the applications of penalties and defaults charges, to these two notes. I'm sorry - but that is not fair to the Company nor is it fair to blame management for these default penalties. That's like blaming a victim of a hit and run for walking across the street instead of the drunk driver who sped through a red light.
The Company also had to spend the next 18 months focusing on staying alive, catching up on a multitude of delinquent quarters, and finding a way to prosecute a complex and lengthy federal lawsuit. There are indirect damages built into this, because the Company should have had a fair chance to complete an acquisition as disclosed (as the business plan) in that above mentioned July 13, 2015 press release
The last thing I will correct you on, because it's getting annoying, is to correct you on your assertion (quoting you directly) that "Also note that as of the date that TAUG lost that status the company was ALREADY out of compliance with the OTCMarkets standards."
This is untrue. The Company still had time to cure the minimum share price requirement (and perhaps would have done so, if it could have completed an acquisition - which it never got the chance to). But even if it weren't able to, the Company could always have enacted a Reverse Split in order to cure the share price deficiency. In fact there was probably close to a 0% chance that the Company faced a delisting due to the minimum share price issue. It's one of the few things, that is directly within a management's control to fix.
You have repeatedly stated that Cowan Gunteski never did anything wrong and that Tauriga is to blame for everything under the sun.
We can agree to strongly disagree.
There is a lawsuit that has been filed (a long time ago) that may come to a conclusion one way or the other, within the not too distant future. There will be a result or decision once all the facts are contemplated. I would strongly doubt that Cowan Gunteski's legal counsel (Ronald Herzog) is nearly as confident as you are about Cowan's prospects should this case go to trial.
Seth is trying very hard to build a valuable company long term. And IHUB posters should not constantly project on this message board that his intentions are somehow evil or unethical. That is absolutely despicable to continually suggest something like that.
Im my opinion, your stock price prognostications are way way way too aggressive
It isn't helpful to set unrealistic targets.
some people may disagree with that
your analysis is severely flawed
any company would trade at a premium to cash, because a fully reporting company with a good built in audience has value as an overall "acquisition currency"
I disagree with your post in the strongest possible terms
let's stay on the path of accuracy please
I would imagine that the $880 was NOT the reason
I'd imagine that there were significant additional payments coming up and that the $880 was negligible or inconsequential with respect to that decision
and I'm sure you could that figure out