Tauriga Sciences Inc (fka TAUG)

[diannedawn]

Here's something the PAID "consultant" for TAUG forgot to post...
ENJOY!!!
https://www.scribd.com/document/361303520/Rebuttal-Report

REBUTTAL EXPERT REPORT OF EMANUEL GERARD
Submitted on behalf of the Defendants
October 6,2017


OH DEAR...
"My approach to analyzing a business is to begin with a broad view of its history with emphasis on how it has fared over time, both absolutely and relative to its peers. How management has dealt with success and failure is critical. This includes both operations and financing. How management has raised capital and deployed its capital is a clear indicator of its abilities and prospects.
Management's ability to realistically understand what it can reasonably accomplish, both financially and organizationally, is very important. I have learned to ask myself if management's judgment is sound based on its actions, and if it appears to do its homework.

Apart from modest income during its five years in the wine business (aggregating $1.6 million, most of which was received in 2006), ending in 2008, Tauriga has generated virtually no other revenue from business operations, has lost money every year of its existence, and has continuously struggled to stay alive financially. Since its inception, the company's Annual Reports on Form I 0-K have consistently included an auditor's report which expresses a "going concern" assumption:
that the company's "significant operating losses" and need for additional financing "raise substantial doubt about the Company's ability to continue as a going concern."

Much standard financial analysis is not directly applicable to Tauriga, but I will return to these factors later in this report."

Sounds a lot like what has been discussed here for a long time.
We all know BSethie's judgement is NOT "sound" (history shows this) and he apparently fails to do his "homework" (again, history shows this)....
Or much of ANY work in my opinion...lol...