Tauriga Sciences Inc (fka TAUG)

[loanranger]

"The Company issues stock to consultants for various services."
"The Company recognized consulting expense and a corresponding increase to additional paid-in-capital related to stock issued for services."
https://www.sec.gov/Archives/edgar/data/1142790/000149315217007575/form10-k.htm#a_9

If one were to ask "Where's all the dilution coming from...can't we blame Cowan for it?"
The answer would be "Obviously not."

From the latest 10-K at the above link:
In the two year period ended March 31, 2017 Tauriga issued 836 million common shares.
Of that 836 million shares, 457 million were issued for services and compensation.

Note that the above period began months BEFORE the company lost its OTCQB status and months AFTER it became current with OTCMarkets. Also note that as of the date that TAUG lost that status the company was ALREADY out of compliance with the OTCMarkets standards.


"Let's not forget nearly 1 billion shares of dilution."
Yes, I think we should forget about nearly 1 billion shares of dilution. It's nonsense.
I wonder how many of those 457 million shares for "services and compensation" went to the author of that statement?
Many things have gone into the dilution of Tauriga's common in the last few years.