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Re: solidus370 post# 29633

Monday, 04/11/2016 12:46:48 PM

Monday, April 11, 2016 12:46:48 PM

Post# of 54032
Well Gee Seth...

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


THIS IS THE FIRST TIME YOU MADE ANY ATTEMPT TO EXPLAIN...
Can I tell the SEC that you LIED in this filing then?

http://www.sec.gov/Archives/edgar/data/1142790/000149315215003021/def14a.htm

AS I SAID MANY MONTHS AGO >>>I AM NOT MAKING THAT WORDING UP<<<
IT COMES DIRECTLY FROM YOUR FILING!

"On July 14, 2015, the Company entered into a Convertible Debenture with Group 10 Holdings, LLC (“Group 10”) in the principal amount of $96,000 with a maturity date of July 14, 2016 (the “Group 10 Note”). The Company received gross proceeds of $80,000 under the Group Note. The proceeds from the Group 10 Note were used for the payment under the Final Settlement Agreement. The Company granted Group 10 15,000,000 commitment shares of common stock in consideration of the Group 10 Note."

NOTHING ABOUT LEGAL/PROXY/SEVERENCE COSTS IN THE FILING!!!
AND you NEVER made ANY attempt before today to explain.

WHICH is WHY you have NO CREDIBILITY.

How much simpler would it have been,
to just give this explanation back in JULY/AUGUST?
Maybe even apologize for the INCORRECT INFORMATION in the FILING?
I mean...you ARE all about "correcting misinformation"...right?

ACTIONS SPEAK LOUDER THAN WORDS.


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