Perhaps its good that Groestlcoin is tanking
Because Tauriga still has/had some tranches left to purchase.
If Tauriga is interested in holding Groestlcoin for a year or more -- perhaps this is an excellent average down chance
This is why its good, never to buy all of anything at once
Let's remember it is a $25,000 gamble on Groestlcoin and the Company has never said anything other than that
See below, the exact language from TAUG's press release of December 27, 2017:
Tauriga’s Chief Executive Officer, Seth M. Shaw, expressed, “The Company has decided to provide its shareholders with a degree of exposure to the crypto currency sector. The Company believes that it has accomplished this corporate aim in both a measured and responsible manner. After carefully evaluating a number of crypto currencies, which incorporate block chain technology, the Company believes that Groestlcoin has incorporated some important features that differentiates it from other crypto currencies. The Company also understands that any exposure to this sector, at this point in time, carries a high level of inherent risk. Therefore, the Company has limited its downside to $25,000 but is hopeful that this exposure to Groestlcoin will ultimately be successful for its shareholders.”
