Not a penny of the $80,000 receieved from Group 10 Holdings into Tauriga during mid July 2015 was ever applied towards the Typenex settlement.
I have made this clear and I am tired of continuing to listen to this
The Typenex settlement was extinguished by the Company for $230,000 on June 2, 2015. And a press release was issued by the Company.
If this payment had already been received by Typenex on June 2, 2015 then obviously money that Came in a month and a half later was NOT used to make a payment towards something that was paid in full a month and a half earlier.
This is called common sense 101. I have made this clear repeatedly and I am sick of these games.
The Company was required to raise $80,000 from Group 10 in mid July 2015 because it cost about $25,000 in legal and Broadridge costs to compete the Proxy and the previous CEO took about $50,000 of the Company's cash for "severance" when she left the Company on July 9, 2015.
Clearly there was no money from this $80,000 paid towards Typenex. Non-sense
I also strongly believe the insurance company covering Cowan Gunteski will be required to deal with the terms and provisions of the Group 10 Note and any potential defaults caused by the July 31, 2015 Tauriga delisting that was a direct result of the malpractice.
Also please cease and desist from stating that the Company knew of the PCAOB Censure prior to July 23, 2015 as that is competely false in every way. Or perhaps you wish to share with the Board your evidence to suggest that which corroborates such a wild and inaccurate contention
Sincerely
Seth M. Shaw
CEO. Tauriga Sciences, Inc.
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