Tauriga Sciences Inc (fka TAUG)

[diannedawn]

But but but...the "NEWS OUT" does not seem to be working...
So SAD.

Oh...wait...MAYBE THE "WHITE KNIGHT" FINANCIERS CAN DOUBLE DOWN AND PURCHASE SOME MORE SHARES???

https://www.sec.gov/Archives/edgar/data/1142790/000149315215002419/ex10-2.htm

Maybe they could get an even BETTER discount than last time, eh???
Or more BONUS shares???

"OFFERING TERMS: COMMITMENT SHARES (BONUS SHARES): 1 cent per share per every $5,000 USD invested ($5,000 USD is minimum investment accepted by Company) or 500,000 shares of the Company’s common stock, par value $0.001 (“Common Stock”) for an investment of $5,000.
 
6 month term loan (debenture to mature on December 1, 2015) — Unless the purchase price is repaid as discuss below, each Investor Shall receive on maturity date, December 1, 2015, an amount of shares equal to a 20% discount to the preceding three Trading Days VWAP. on that Maturity Date.
 
However, the Company reserves the right to repay debenture at any point on or before close of business (as defined as 6 pm EST) on November 30, 2015 as discussed below.
 
If Company repays debenture on or before close of business August 31, 2015, then full repayment shall be defined as purchase price PLUS 10% cash interest. For purposes of clarity, $50,000 USD Investor would receive cash payment of $55,000 USD.
 
If Company repays debenture on or before close of business November 30, 2015, then full repayment shall be defined as purchase price plus 20% cash interest. For purposes of clarity, $50,000 USD Investor would receive cash payment of $60,000 USD.
 
NOTE: All commitment (BONUS) shares shall be fully earned and vested upon signing of this subscription agreement and subsequent funding. These shares are fully earned regardless of whether or not company repays debenture for cash or debenture converts into shares on Maturity Date of December 1, 2015. However these commitment shares are subject to Rule 144 as defined in the Securities Act of 1933, as amended (“Securities Act”).
 
   
The Company shall deliver any and all commitment shares within 120 days of the execution of this debenture agreement in order to allow the Company to increase the number of its authorized shares of Common Stock (the “Authorized Increase”)."


Oh...LOOKY...SSDD

ROTFLMAO