First of all Stella Sung, the previous CEO, left the Company because the Board of Directors (at that time) felt that a management Change was in the best interest of the Company.
Secondly, the Typenex Obligations ("Fife") were extinguished on June 2, 2015, which was more than a month before the shares authorized were amended. And the shares authorized were amended to 2.5 Billion, NOT 5 billion. Let's make sure we write accurate things on this Board.
Thirdly, nobody is hiding anything at this Company. As we have made clear ad-nauseum, this Company is working diligently to regain its status as a fully reporting US public Company. The Company has been non reporting since July 31, 2015 Solely because of malpractice committed by its predecessor audit firm. The Company filed a Federal lawsuit on November 4, 2015 against the predecessor audit firm and currently awaits jury trial (in which the Company is seeking well over $3,000,000 in damages).
Fourth of all, to reply to a previous text of yours, the short sellers in this stock have a made a choice to bet against the future of the Company. I hope they get crushed financially and I will continue to spend 100+ hours per week to build this Company -- if The Company executes and is successful the short sellers will potentially get decimated. And that's the risk they take by shorting a Company working hard to build its future.
Lastly the suggestion that somehow I am involved in the shorting of Taurigs shares is libelous, stupidity, and slanderous to say the least. I would hope that nobody would actually believe something so asinine.
Seth M. Shaw
CEO -- Tauriga Sciences, Inc.
AI
