Tauriga Sciences Inc (fka TAUG)

[alj14]

Your comments are perceptive and appropriate, SmoothTrader. The best reason for confidence is the quality of those in management, starting with the (stallar) qualities of Stella, and the recent polished performance of Seth at the 420 conference. My best guess is that an announcement that will give shareholders an idea of how the $1.1 million cash inflow will be spent should be out soon. Any element of uncertainty is always damaging, though I would add the most OTC stocks carry a heavy legacy of debt, so TAUG is among the first in the class there too.

In any case, the argument that funding by private placement at the 6c level puts fair value for each share well above 6c seems indisputable to me, as well as striking me as making rock-solid good sense. The best response has been indicated by several posters, Gregg and TJG included – take advantage of neglected value when you find it.

So they now have well over 1 million of cash, big question is what exactly are they doing with it?
Hopefully we hear something sooner than later to help prop this pps up