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What exactly is funny about that?
I don't even know why anyone would even have the audacity to question that
about the dilution.
Perhaps SS would disagree with that assessment
I am sure he follows the rules and has built quite a good rolodex
we actually agree on a post for once
The reasons the DECN/TAUG didn't happen were because:
1) Seth Shaw, CEO of Tauriga, rejected the offer presented by Berman and DECN in June 2016 because he felt that the ratio or deal terms (being offered by DECN) were not in the best interest of the Tauriga Shareholders.
There is black and white documentation of this and the above explanation is exactly the truth
This is, in no way, a cheap shot at DECN or Keith Berman. The deal terms just didn't work. That's business (these things happen) and in order for a deal to occur, both sides have to agree to the material terms.
The deal just didn't work
I don't see why there is a need to bash anyone or come up with explanations that simply are not true
I hope that both companies are successful long term!
Seth is not sinking
That's for sure
and that photo proves what??
If you were offered a 1st pitch at a MLB game, you would have taken that experience as well
anyone would
maybe not
Maybe Seth Shaw is continuing as CEO of Tauriga solely because he cares about the shareholders and wants the company to work long term
'Perhaps, financially, he does quite well with or without tauriga
that's all
cough cough cough
I'm sure Seth doesn't care short term
He has done very well financially in 2017. I'm sure he can handle this ok
I would not be surprised if everything turns out to be just fine with the Filing
Relax - you'll live longer.
I would imagine that the auditor has been fully paid
And it simply takes a few days for the formal action of the increase in authorized to be effective
Such as
1. correct paperwork and documentation being received and filed by the secretary of state of Florida
and
2. the transfer agent obtaining these "final stamped documents" from the office of the secretary of state of Florida
I would bet that $$ had nothing to do with the fact that the Fiscal year 2017 10-K will be filled after June 30th (with a legal extension already filed)
It wouldn't even surprise me if the company had decided to reduce some risk and even pre pay future audit bills.
My guess -- $$ has nothing to do with the NT and it was purely due to completing the formal increase in authorized (which can and does take several days to occur even after the stockholder approval is granted at the special shareholder meeting)
Not Correct!
your last sentence. But there is no point debating on this message board. waste of time. good luck
whatever you say dude
That's not true
The Company absolutely mailed Proxies to every shareholder on the Registered list
The non registered list (or Street name shares) also known as CEDE, is a different process. The brokers facilitate those votes (Known as Broker Votes), as the shares are held in those brokerage accounts rather than certificate form.
It is a bit complicated, but thats how the process works. It's archaic and cumbersome
The Company did everything properly and successfully reached quorum. albeit by a small but legal and lawful margin
that's for damn sure
maybe so - if you only look day to day
but maybe the company is working towards resolving the issues that can harm it long term
And maybe A better way to consider this, would be 6 months or 12 months down the road
it has always amazed me how people can derive meaning With respect to the day to day trading of a stock that is still being affected by difficulties (in the short term). seems to me like the exact wrong way to formulate opinions or ideas about what may happen in the future
I just feel that your post exemplifies exactly how to evaluate companies in an incorrect manner
The purchase is not contingent on a future event
Read the PRESS RELEASES
The money has already been invested and Seth has decided to wait to receive the shares, so that the Company actually has access to his investment company now (when it may need that money)
Seth structured it like that, solely because it is in the best interest of the shareholders. And if anything he assumes more risk to him personally
Why must you continue to suggest things that aren't the case?????
are you accusing managemt of Tauriga of "forging document?"
Be explicit here - is that your accusation?
seems appropriate that you should try running a company on your own before attacking hard working good People
Seth Shaw has never lied and is honorable 100% of the time
Nothing you have ever demonstrated has proven otherwise
Your one example of an inadvertent error that was fixed (last year) is not evidence of deceit. But a tiny immaterial honest mistake
you really got too far with your posts. Clearly Seth is doing his best
For simplicity purposes: July 31, 2015. DAY 1
I think Kyle Kennedy deserves a lot of respect. He is giving this a shot to make it.
I can assure you that Seth is not under investigation. Take it from a good source.
Rawman
You FACT(s) posted about Tauriga are materially wrong yet again
'
'"FACT: CONTRARY TO JOHNNY C'S ORIGINAL POST, TAUG SHOWED ONE BILLION COMMITTED AND/OR OUTSTANDING SHARES AS OF MID-JULY 2015. THIS WAS PRIOR TO LEARNING OF THE COWAN INDEPENDENCE ERROR! IT IS ONE BILLION OUTSTANDING SHARES, PERIOD! SOME WERE "RESTRICTED" AND NOT "TRADING", AS THESE SHARES WERE "RESERVED" FOR CONVERTIBLE DEBT COMMITMENTS! THESE CONVERTIBLE DEBT AGREEMENT TERMS WERE ESTABLISHED PRIOR TO COWAN AND WILL HAVE NO BEARING ON THE LITIGATION OUTCOME!!!"
CORRECT INFO BELOW:
The convertible debt terms for Union and Group 10 Notes (05/28/15 and 07/14/15) were set prior to Cowan issues
HOWEVER
There were default and penalty clauses triggered by Delinquency in maintaining Current Status. These defaults affected the conversion terms, liquidated damages, default interest rate, and significant increase in Share Reserve requirements.
And I'm sure that Tauriga entered into these two notes without even the slightest inkling that the Company was at any risk of being delinquent with its periodic SEC Filings. That's the issue at hand here
I also wanted to correct two more of your recent errors/mistakes:
1). You assert that Tauriga completed its July 2015 proxy, while hiding the PCAOB Censure info from the public
Correction: This is False. The PCAOB Censure was a public press release available for all to read on the internet. Anyone could have read this, simply by maintaining a Google Alert for "Tauriga". Tauriga did not even obtain this info a SECOND before the public market place
2). You assert that Tauriga was already in imminent danger of being delisted from OTCQB due to minimum bid price requirement deficiency
Correction. This is False. The Company was never at any imminent risk of being delisted from OTCQB due to stock price below a penny. This is because there was still time to cure deficiency and of course as a last resort, the Company could have enacted a Reverse Split (at that time) to cure minimum bid price deficiency issue. In fact the one issue that a Company can almost always control, is NOT being delisted due to minimum bid price issue
Hope this corrections help!
No - The share purchase is complete! But for the benefit of the shareholders, Seth is willing to wait to receive his shares until the authorized is amended
Hope that helps, so that there won't be a need to overthink things and draw erroneous conclusions
Gotta come out of retirement for this one!!
I think what it probably means is:
Seth invested $95,000 USD for 76,000,000 shares (price $0.00125)
But the shares cannot be issued physically until the authorized limit is amended
So Seth invested the $95,000 and will not receive shares unless the amendment is complete. Kind of just like what it says in the disclosure.
Sometimes its best not to attribute things that don't exist
Who was the quote from???
https://www.facebook.com/PaulSilverberg/posts/10210411223470931?comment_id=10210413218040794¬if_t=like¬if_id=1487979869902363
This link was posted today by Silverberg and Weiss Facebook Page, confirming amount
Remember Paul Silverberg represented Seth Shaw personally in his ROII litigation
------
He also represents Tauriga Sciences Inc. in its case against Cowan Gunteski (as everyone knows)
The official link(s) will probably be available early next week, an I'm pretty sure that ROII will have to File 8k
please provide a single shred of evidence that ANYONE claimed that Seth was going to win 7 figures from this
I think he did just fine
give it a rest already
you were wrong
Rumors should not be posted as facts. It happens way too often on this board. It's not really appropriate
of course
It's a dispute that has been ongoing for a couple years. And the award was rendered this morning
On January 20, 2017, the actual arbitration was held in New York City between Seth M. Shaw and ROI Land Investments (All of this shall be public information)
Decision was rendered by Arbitrator this morning:
AWARD: in Favor of Seth M. Shaw -- Mr. Shaw WAS AWARDED $755,125.00 USD
See the following except from the ROII's Form 10Q Filed back in November of 2015
Link to the Form 10Q: http://www.getfilings.com/sec-filings/151118/ROI-LAND-INVESTMENTS-LTD_10-Q/
"On September 14, 2015, the Company received a notification from the American Arbitration Association (“AAA”) of a Request for Mediation, dated September 8, 2015, filed by Seth Shaw, pursuant to a mediation and arbitration clause contained in a Consulting Agreement allegedly entered into between the Company and Seth Shaw on May 1, 2014. The Company executed such agreement but believes that it validly retracted it prior to any signature by Mr. Shaw personally. Mr. Shaw believes that the agreement is valid and in effect. The Company also believes that Seth Shaw failed to perform under said agreement, even if it were in effect.
The matter under dispute is 500,000 shares of the Company’s Common Stock which were to be issued to Mr. Shaw pursuant to such agreement. A certificate for such shares was issued but never delivered to Mr. Shaw, due to the retraction. In late September 2015, the Company offered to the AAA, and to counsel to Mr. Shaw, to voluntarily submit to mediation before the AAA, but not to arbitration, provided that the location of the mediation (which the Consulting Agreement does not specify) be in Montreal, where reside most of the Company’s management and many of the relevant witnesses.
The Company has received no response to this offer, nor has it received any further communication from counsel to Mr. Shaw since September. In mid-October, attorneys for Mr. Shaw unilaterally attempted to induce the Company’s transfer agent to issue a replacement certificate. However, the transfer agent reported this to the Company, and the Company has instructed the transfer agent not to comply with Mr. Shaw’s wishes. The Company intends to vigorously defend itself from any claims by Mr. Shaw for such shares."
To make it abundantly clear, the ITL Stake was sold by former CEO Stella Sung,
this was a decision that she made and executed. End of story
i find that post to be malicious and offensive. And blatantly false
And it's become a daily thing. Not bright
There ARE MANY TYPES OF POTENTIAL DAMAGES
and your assessment is incorrect on many levels
A stock that loses its liquidity and loses its ability to raise capital based on Rule 144
or a company that is subject to severe default penalties (with respect to outstanding notes) and conversion prices because of delinquency in SEC Filing Status
Has suffered significant damage
Imagine this -- If Cowan had been honest and notified Tauriga about the malpractice (back in late 2014 when PCAOB was investigating this very issue -- see Meyler's Deposition)
Then Tauriga could have taken steps to prevent what occurred
Tauriga should not have been in the position in which it found out about the malpractice from the July 23, 2015 PCAOB Censure -- Cowan chose to conceal this info from Tauriga but had no problem sending invoices
Tauriga entered into 2 Notes, for example, without having any inkling that there was imminent danger of delinquency and inability to rely on FY 2014 Financial Statement audit that the Company spent more than $150,000 on
Cowan created this mess by being greedy and dishonest. In your eyes, there are no consequences for that??? That's pretty sad
Tauriga IMO is experiencing very constructive daily trading and can be a good long term acquisition currency
I believe strongly that the fact that since the trading volume increased approx. 8 fold (on average since December 6 2016), it shows the type of collateral damage caused by Cowan's inexcusable conduct
What a difference since tauriga became current again. It's a shame that tauriga got delisted in july 2015 because of Cowan Gunteski because it clearly changed everything
What continues to anger me is that Mr. Meyler and Mr. Cowan chose to conceal the malpractice from Tauriga while continuing to bill the Company during the period August 2014 - July 2015
Meyler's deposition is a crystal clear window into a firm operating with zero integrity
Cowan knew that they committed malpractice but Cowan seemed to think that it was more important to keep demanding payments from the company instead of showing integrity and concern for the well being of so many shareholders
There are a lot of people on this Board who try to make excuses for this and blame Tauriga for this situation. IMO, there will be justice served and there really has to be an example of Cowan made here
We all teach our kids that owning up to mistakes is far better than lying about them. Because lying makes a mad situation a lot worse. Cowan could have mitigated this by owning up to their mistake (which may have been an honest mistake) back in mid-late to 2014. It was more important to Cowan to continue to collect fees than to be honest
I continue to believe in the United States system of justice and it is best for society and the public interest that Cowan be severely penalized in this case
GLTA
TAUG has a strong lawsuit that should be worth well into the 7 figures IMO
TAUG has very modest amount of debt, especially under the circumstances IMO
TAUG has intrinsic liquidity of approx. $150,000 per week
TAUG has market cap of approx. $7,000,000 which hopefully will grow in the future
TAUG is fully reporting and even filed its most recent 10-Q Early
TAUG has launched two new business initiatives
TAUG has decided to walk before it flies and build the foundation properly
TAUG CEO has done a magnificent job and had earned the respect of many and rightfully so
TAUG is setting itself up, should it do well at Trial, to make a major acquisition and take a shot to swing at the fences
TAUG is an exciting opportunity that deserves to be successful long term
----- WE AGREE ON ONE THING
TAUG and DECN have nothing to do with one another and I wish DECN a successful future as well. As long as Mr. Berman stops taking cheap shots at TAUGs CEO and stops threatening top harm TAUGs shareholders for no reason
GLTA
I don't think they are embarrassing
I think there has been a situation to deal with the past 18 months and that has affected the Company's gameplan materially
I think you are absolutely incorrect
No problem
we can agree to disagree
Or maybe the can see that the Company has no risk of losing Current status until July 2017. And Im sure the Company will do its damnedest to remain Current then
Perhaps some people believe that Tauriga will prevail at Trial and perhaps the Company filing 2 weeks early sent a clear message that it values acting in a professional manner
I don't see how Filing two weeks early is a bad thing