Tauriga Sciences Inc (fka TAUG)

[rawman]

As of this moment, TAUG is "sporting" a $6.5 million market cap, but has no ongoing business! The company is party to a lawsuit and has something over one billion available Authorized Shares! That's it!

There is no logical rationale to warrant the current share price, let alone any price approaching the coveted penny! If the share price were to get to a penny, the market cap would exceed $10mm, which is ridiculous, even if Shaw were able to ultimately win a few million in the Cowan litigation! Certainly some part of the "few million" will first be used to pay all of the TAUG debt, which is undoubtedly being accrued as a consequence of the on-going litigation. If the cash windfall is not used to pay the debt, it will be company shares. Either possibility is not particularly supportive of "shareholder value" and a "fantasy" market cap!

Is there any chance that while the "sabre rattling" is continuing, although never disclosed, the CEO is deferring compensation in anticipation of a cash payout when the Cowan action settles? Of course no one knows, given the current TAUG information "black out"!

From TAUG's SEC Form 8-K filing dated July 17, 2015:

The Company has not yet entered into any other additional compensatory agreements or plan with Mr. Shaw with respect his new appointment as the Company’s Chief Executive Officer and member of the Board. However, the Company does plan to pay Mr. Shaw accrued but unpaid salary in the amount of $26,000. The Company does plan to enter into a compensatory arrangement with Mr. Shaw in the future and will announce the terms at such time.

It's been 9 months since the 8-K was filed! Did all the investors somehow miss the announcement regarding Shaw's executive compensation or does the TAUG information "black out" simply continue?