That same 73 year old man did more than make a mistake
He aggravated what would Have been a more minor basis for damages by being deceitful, dishonest, and unethical subsequent to the actual malpractice or mistake in your words.
The 73 year old decided not to be honest with his client and as a result a simple mistake turned into a catastrophe for TAUG shareholders.
More than that, Tauriga suffered liquidated damages because Notes have default provisions built in that are triggered by delinquencies in filing SEC periodic reports.
Also, the conversion terms change immensely.
Like from 20% discount to trailing 5 day closes to 20% discount to lowest close of entire delinquency period.
Of course the stock price also gets hammered as a result of delisting. Etc.
There are expert reports that can independently opine to such as well.
A mistake is a mistake. But there were aggravating factors that materially harmed Tauriga shareholders and the case may very well prove to be worth the $4,000,000+ that TAUG has publicly stated that it is seeking.
