Tauriga Sciences Inc (fka TAUG)

[rawman]

...if TAUg sells the common for the cost of the unit or higher, and keeps the warrants they are risk free.

LOL! NOW IT APPEARS THAT TAUG's PAID CONSULTANT HAS FINALLY COME TO GRIPS WITH REALITY!

"IF TAUG SELLS THE COMMON FOR THE COST OF THE UNIT" SAYS IT ALL!!! "IF" TAUG is unable to sell the common at the strike price or above, the value of the warrants is below breakeven, thus the share price must exceed the strike price to make the entire transaction "neutral", i.e. no gain or loss! TODAY THE WARRANTS ARE NO WHERE NEAR BEING "RISK FREE"! As mentioned in previous posts, TAUG received the warrants because it paid a PREMIUM for the common! THE PREMIUM PAID IS THE WARRANTS' RISK FACTOR! In the case of VTGN the "PREMIUM" was exactly $160,000! It is a little unclear as to the exact price of the BLNK warrants, but it had to be about the equivalent of .60, with a strike price of $4.25 per share. If the share price doesn't hit $4.25 in the next five years, the BLNK warrants become worthless, thus another $54,000 blows out the window!

HERE'S THE BOTTOM-LINE FOR TAUG'S PAID CONSULTANT! "LEVERAGE" BY DEFINITION CREATES RISK AND MORE LEVERAGE CREATES MORE RISK! TRYING TO CLAIM TAUG'S NEWLY ESTABLISHED LEVERAGE IS "RISK FREE" IS COMPLETE BS!