Tauriga Sciences Inc (fka TAUG)

[TJG]

I read the 8-K and came away with my own opinion on how it would effect the company. But rather then all of us bantering about our opinions I decided to contact Stella and get here opinion.

This is what she said and what she also posted on the 420 investor site. People can deal with this in their own way, but what she is saying here is exactly what I read. Anyone who questions it, and wants to discuss anything that is in the 8-K I look forward to do so. But if you are going to just give your opinion on how it effects the company and the shareholders with out being specific, then you will be on your own as far as I am concerned.

To have this law suite put behind us ( us as in the company we are all shareholder in ) is a great thing in my opinion. Here is what Stella had to say in response to this question I sent her.

Hi Stella,
Can you tell me in laymens terms how you think the events in the 8-K issued today will effect the company and its shareholders.

Thank you
Tom

Actually, pretty favorably, I think! We canceled the warrant that they said was worth 70 M shares. We agreed to give them enough shares so that it is $600K's worth over time. BUT they are investing half of the $600K into TAUG stock at a 50% PREMIUM. This is similar to raising private placement money at a 25% discount. And they are doing the investments at the 150% market price BEFORE they get the shares to sell under strict volume restrictions. So they buy $100K worth before they sell $200K worth each time.


Stella M. Sung, Ph.D.
Chairman & CEO
Tauriga Sciences, Inc. (OTCQB: TAUG)
[phone]
[e-mail]