Tauriga Sciences Inc (fka TAUG)

[diannedawn]

GREAT!

I agree, that the language about the Group 10 NOTE and the reference to "The Final Settlement" is an error

NOW WE ARE GETTING SOMEWHERE!

But WHY couldn't you just admit this MONTHS AGO???

But wait...we were told the "final settlement" was done awhile before this.
When I questioned this line?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116013742

As for the $80,000 investment that is being referenced, there is no correlation between that and anything having to do with Typenex. To makes this point abundantly clear, the Company wired $230,000 USD to Typenex in early June 2015 to satisfy all obligations under the January 2015 settlement agreement between Typenex and Tauriga. The wire from Group 10 Holdings was received in mid July 2015, a month and a half later. Clearly this $80,000 was NOT used to pay Typenex.

My reply

I have ASKED repeatedly for this to be explained...and you STILL basically ignored the issue...
Quote:
Clearly this $80,000 was NOT used to pay Typenex.

CLEARLY? HOW IS THAT CLEAR???
It was not for Typenex? GREAT...BUT THEN WHAT "FINAL SETTLEMENT" WAS IT FOR???
IS THERE ANOTHER "FINAL SETTLEMENT" THAT THE SHAREHOLDERS ARE NOT AWARE OF???
Because I am only aware of ONE "final settlement"...Typenex...
WHAT DID I MISS???
I'm not making this wording up...ITS COMES DIRECTLY FROM YOUR FILING!!!
www.sec.gov/Archives/edgar/data/1142790/000149315215003021/def14a.htm
"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."

You come here and say it was not for Typenex...but completely fail to explain the wording in the filing...
OR why it was not in the 8K...filed the very same day (7/17) as the filing it DID appear in (the DEF 14A 7/17)!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116030359&txt2find=group|10

SORRY...but you don't get to rewrite history HERE.
Everything is there for anyone willing to spend the time looking for it.

Now explain why the 8k never contained the information on the Group 10 note...
Shouldn't it have been filed under "Item 1.01: Entry into a Material Definitive Agreement
Item 3.02: Unregistered Sales of Equity Securities"
another "honest mistake"???
Shouldn't we have had an EXHIBIT showing the NOTE???