deaf, you need to get the facts correct.
Tauriga Sciences Inc. Responds in Federal Court to the Multiple Motions Filed by Cowan Gunteski
NEW YORK, NY–(Marketwired – Jul 7, 2016) – Tauriga Sciences, Inc. (OTC PINK: TAUG) (“Tauriga” or the “Company”), a life sciences technology Company, today announced that it has filed its Response with Untied States District Court Southern District Florida, Case No. 0:15-cv-62334, to answer the multiple motions filed by Cowan Gunteski & Co. P.A. (“Cowan Gunteski”) on June 13, 2016. At this point, Cowan Gunteski has ten days to Respond to Tauriga’s submission and at a date subsequent to that, the federal judge will make a ruling. Irrespective of this ruling, the Company will continue to prosecute this lawsuit against Cowan Gunteski and believes strongly in the evidentiary record and the merits of its legal arguments. The Company is currently seeking in excess of $3,000,000 USD in monetary damages and expects that number to continually increase up till the date of trial.
On June 29, 2016 the Company filed its Quarterly Report on Form 10-Q (“Quarterly Report”) for the period ended June 30, 2015. The Company continues to work diligently towards its corporate goal of regaining its status as a fully reporting U.S. public Company. The Company became a delinquent filer and was delisted from the OTCQB Exchange on July 31, 2015 due to the malpractice committed by Cowan Gunteski during Fiscal Year 2014 as well as Cowan’s subsequent conduct.
Lastly the Company wishes to reaffirm to shareholders its unwavering commitment to both restore and create lasting shareholder value. The Company’s management and its Board of Directors are united in their commitment to build long term value for the shareholders. The Company continues to evaluate potentially intriguing acquisition opportunities and will notify shareholders, via a press release, should it enter into an agreement.
