E-mails from Stella and Seth. I would not generally post this kind of stuff, at least havent on other stocks.....but here is the responses I got today and will be talking with them both tomorrow.
John,
We are doing our best to work through some issues inherent to companies that are trying to turn around quickly. We are both in Los Angeles working extremely hard and I can assure you that noone cares more about the shareholders than we do.
Seth and Stella
Sent from my Verizon Wireless BlackBerry
________________________________________
From: "Clutter, John" <jeclutter@sbec.com>
Date: Mon, 9 Jun 2014 16:42:17 +0000
To: 'Stella M. Sung'<ssung@tauriga.com>; Seth Shaw<sshaw@tauriga.com>
Subject: RE: STOCK......
Stella and Seth,
Thank you for the response.
I have been a long time Tauriga Sciences supporter and stock holder. I really have. I still see the potential in what you guys are doing and have done. But……this non-stop decline over the past few months is VERY concerning. I am literally down thousands of dollars….not that may not seem like much to you guys, but that is my hard earned money that I invested in something I thought I saw potential and growth in, good things for the environment and the potential betterment of health of people overall by using less and putting out better by-products.
If you could see my posts on the board, you would know that I support you guys. But now, I must admit…..even I am getting the feeling of being duped or taken advantage of and nothing will ever come to pass…..a small feeling.
Hopefully all these things that you and other board members and PR etc….are saying, are actually true and will actually amount to something. Now don’t get me wrong….I am not stupid. I would never invest anything that I could not afford to lose, it is the stock market. But…..I don’t like losing my money, either way.
Safe travels and to you as well Seth.
Respectfully,
Eric Clutter
From: Stella M. Sung [mailto:ssung@tauriga.com]
Sent: Monday, June 09, 2014 10:20 AM
To: Clutter, John; Seth Shaw
Subject: Re: STOCK......
Hi Eric,
I am so sorry that you haven't received a response. I try to respond to all shareholder inquiries, and I suspect your emails may have been caught in my SPAM filter.
I assure you that we care about investors--deeply so. We have been working hard on building our business, and I would be happy to speak to you in detail tomorrow (I am traveling today). Let me know what time works for you.
Last December, Tauriga had a very weak balance sheet and necessarily took on some debt to keep the company alive. Accordingly, there is some overhang (6 months later).
However, I am pleased to tell you that our balance sheet is currently much stronger. We went from $1.4 m in convertible notes at the end of December to approximately $200K today. And, we have significantly more cash on our balance sheet.
Most importantly, we are building a presence in natural medicine (cannabis and non-cannabis).
We are in a better place than previously, but we still have a ways to go. We are working hard to create a bright future for the company and our shareholders.
I understand and share your frustration. I appreciate your patience to date. I look forward to speaking with you tomorrow.
Best wishes,
Stella
Stella M. Sung, Ph.D.
Chairman & CEO
Tauriga Sciences, Inc. (OTCQB: TAUG)
(858) 353 5749
ssung@tauriga.com
On Mon, Jun 9, 2014 at 8:06 AM, Clutter, John <jeclutter@sbec.com> wrote:
Mrs. Sung,
What in the world is happening to this company? I am totally losing faith now…..and still nothing said by anyone from Tauriga. Do you guys even care about investors at all? I have written you multiple times, never heard a word. I have praised this company and you and your boards work. I hear and read about others that get reply’s from you and Chris, phone calls, chats at these various events…….now mind you this is all what others say and post.
But I am seriously doubting this company now, or maybe it is just the board members. Today’s stock falling is just pathetic, as for how low we have gotten already.
Eric Clutter
