To further support the claim that TAUG has no where near a Cash Balance of $1mm on the Balance Sheet, the following quote was copied directly from the latest SEC Form 10-Q:
"At December 31, 2017, the Company had $714,799 cash on hand compared to $18 at March 31, 2017. This change was due to the Company’s legal settlement of $2,050,000, reduced by expenses including the settlement of outstanding debt and the purchase of stock and marketable securities."
The "purchase of stock and marketable securities" references the $480,000 VTGN private equity placement. All of TAUG's additional marketable security purchases have occurred during Q4, meaning after January 1, 2018! The 10-Q was attested and signed by CONSULTANT CEO Seth Shaw!
Since the end of fiscal Q3 on December 31, 2017, TAUG has publicly reported multiple cash disbursements, bringing the Company's Cash Balance to less than $286,000. The publicly announced cash disbursements have been evidenced by PR's and/or 8-K's. Each specific disbursement has been clearly itemized in previous posts!
ANY CLAIM OF AN EXISTING $1MM CASH BALANCE IS A BLATANT FABRICATION!
