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AU CONTRAIRE! THE POSTER'S MATH DOESN'T WORK!

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rawman Member Level  Wednesday, 03/28/18 09:22:37 PM
Re: John Kent post# 45192
Post # of 48736 
AU CONTRAIRE! THE POSTER'S MATH DOESN'T WORK!

PER THE PERIOD ENDED DECEMBER 31, 2017 SEC FINANCIAL REPORT (10-Q), TAUG RECEIVED THE TOTAL PROCEEDS OF $2,050,000 FROM THE COWAN LITIGATION SETTLEMENT ON NOVEMBER 29, 2017!

ONE MONTH LATER, PER THE PERIOD ENDED DECEMBER 31, 2017 SEC FINANCIAL REPORT, TAUG'S BALANCE SHEET CASH WAS $714,799 (see link below)! PER CONSULTANT CEO SETH SHAW TAUG HAD PAID ITS ACCOUNTANTS, LAWYERS, DEBT, PAST DUE INVOICES, AND HAD INVESTED NEARLY A HALF MILLION DOLLARS IN VISTAGEN (VTGN)!

THE $2MM COWAN SETTLEMENT WAS RECEIVED ON NOVEMBER 29, 2017, WHICH IS WELL PRIOR TO DECEMBER 31, 2017! AGAIN, PER THE SEC FORM 10-Q, WHICH WAS FILED ON FEBRUARY 12, 2018, TAUG'S CASH BALANCE ON DECEMBER 31, 2017 WAS $714,799.

It is very simple and clearly documented in the regulatory filings! The Company commenced 2018 with $714,799 in the bank and the "cash out" continued!

https://backend.otcmarkets.com/otcapi/company/sec-filings/12539058/content/html

The following transactions have all been documented and publicly disseminated:

January 3, 2018 -- First tranche of $10,000 invested in Groestlcoin. Cash Balance $694,799.

January 11, 2018 -- Second tranche of $5,500 invested in Groestlcoin. Cash Balance $689,299.

January 19, 2018 -- Third tranche of $9,500 invested in Groestlcoin. Cash Balance $679,799.

February 2, 2018 -- Fourth tranche of $10,000 invested in Groestlcoin.
Cash Balance $669,799.

February 14, 2018 -- $191,250 invested in BLNK. Cash Balance $488,549.

February 14, 2018 -- Payoff Adar Bay $27,500 Face Value note with $39,312.78 in cash. Cash Balance $449,236.22.

March 2, 2018 -- $70,739.95 invested in AYTU Bioscience. Cash Balance $378,496.27.

March 6, 2018 -- $43,045.00 in cash to fully repay additional Adar Bay note. Cash Balance $335,451.27.

March 9, 2018 -- Additional $11,529.84 investment in AYTU Bioscience. Cash Balance $323,921.43.

March 12, 2018 -- $37,510.95 investment in Lightbridge (LTBR). Cash Balance $268,410.48.

TAUG generates NO FREE CASH FLOW, so the CURRENT CASH BALANCE is lower than $268,410.48. CONSULTANT CEO Seth Shaw has already reported that the expenses associated with the Q4 Audit have been prepaid, thus the Cash Balance is most certainly under $250,000!

THE ABOVE IS IN FACT THE "REAL" MATH! THE CITED TRANSACTIONS HAVE ALL BEEN DOCUMENTED AND PUBLICLY DECIMATED BY TAUG. TO MAKE ANY FURTHER DD EASIER, THE LINK TO TAUG'S OTC MARKETS PAGE IS BELOW!

https://www.otcmarkets.com/stock/TAUG/disclosure




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