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Re: None

Tuesday, 07/18/2017 11:53:25 AM

Tuesday, July 18, 2017 11:53:25 AM

Post# of 54032
Here's a quote from a TAUG press release dated July 13, 2015:

The Company also wishes to express to shareholders that it currently does not have any plans to reverse split the stock. However it must also be disclosed that the Company faces the prospect of being delisted from the transparent OTCQB exchange should shares of Tauriga not close above $0.01 per share for a period of at least 10 consecutive trading days on or before the close of business October 12, 2015. There are two ways to remedy this share price deficiency, each of which would enable the Company to regain compliance with the OTCQB listing requirements. The first of these two remedies is simply better performance in Tauriga's share price which would be driven by fundamentals and execution of business initiatives. The second of these two available remedies would be a reverse split, which could result in the Company regaining compliance with listing requirements.


Clearly TAUG was well aware of NOT being in compliance with the OTC QB listing requirements, before the Cowan error ever came to light! This too is a "but we coulda been a star argument" that will be heard in court! There is NO PROOF to assure TAUG would have ever attained the QB requirements without a Reverse Split! Cowan had nothing to do with TAUG being in this less than flattering listing situation! Without the Cowan error, would TAUG have achieved the requirements for relisting on the QB? NOBODY KNOWS AND NOBODY CAN PROVE OTHERWISE! Trying to blame Cowan is nothing more than "wishful thinking"!

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