Tauriga Sciences Inc (fka TAUG)

[diannedawn]

This KB dude is someone shareholders should WANT here???

Alydyr Thursday, 03/31/16 10:08:03 AM
Re: None
Post # of 29765
MATERIAL ERRORS IN FINANCIAL STATEMENTS

I see many errors after just 10 minutes of review. This DECN management either does not care, or they feel that the small shareholder is a just plain dumb (probably a little of both).

I'll post more of my review today, but here are some of the material errors that I see...

1 - Cash Flow Statement is wrong. The ending cash balance at 12/31/204, should be the beginning cash balance for the 12/31/2015 Cash Flow Statement. Simple stuff folks. Go to page 5 of the DECN annual filing and you'll see that the ending 12/31/2014 cash balance is $2,185,839 yet the 1/1/2015 cash balance changes to $1,750,002. By default, that means the reports are "plugged" in some fashion so that they can add. EMBARRASSING.

2 - Stockholder's Equity schedule does not agree with the DECN Supplemental filing. For example, outstanding shares for Preferred B is 2,000 on the Equity schedule, but 1,000 in the Supplemental filing. Wassupwiddat?

3 - The net loss in the DECN filing dated 12/31/2014 is $1,841,010, but if you look at the Year 2015 recent filing, the 12/31/2014 loss changed to $1,438,358. DISGRACEFUL

management either does not care, or they feel that the small shareholder is a just plain dumb (probably a little of both).

This dude sounds more and more like Mr. BSeth...lolololololol....