InvestorsHub Logo
Followers 5
Posts 488
Boards Moderated 0
Alias Born 10/27/2016

Re: diannedawn post# 34513

Friday, 11/11/2016 5:44:54 PM

Friday, November 11, 2016 5:44:54 PM

Post# of 54032
That is absolutely incorrect

The stock was under a penny at the end of July 2015. Yes - from the bungling year and a half of Stella Sung (who I think is a disaster in every way of the word)

However Tauriga was not yet at risk of being delisted due to sub penny share price. Tauriga had at least several more months to comply with min bid price and there was no imminent risk of being delisted at that time

In fact perhaps he company could have completed an acquisition had it not been for the Cowan malpractice feuled Delisitng and perhaps the share price would have been well over a penny prior to the necessary time.

More importantly, Tauriga would never have been delisted anyway due to share price as the company could have decided to reverse split the stock to comply. This is very common.

So in summary -- Tauriga was never at risk on being delisted last July from share price so that analysis is completely wrong.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.