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Re: zalicuslicious post# 45541

Thursday, 04/19/2018 2:10:11 PM

Thursday, April 19, 2018 2:10:11 PM

Post# of 54032

That's a good post, but there are warrants with VTGN that you did not account for and GRS is up higher.....care to update?


The VTGN warrants have a strike price of $1.50, plus the warrants are not publicly traded. Unless the VTGN share price exceeds $1.50, TAUG will show no asset value on its Balance Sheet. A private party might be willing to buy the warrants for a "negotiated", but currently unknown, price, thus showing zero asset value is the appropriate accounting treatment.

When doing the post, the GRS price was equal to $1.45 per unit. If it has increased from there, so be it! Keep in mind the GRS investment amount is the fourth largest of the five high-risk securities that CONSULTANT CEO Seth Shaw has purchased since the Cowan proceeds were received last November. Even if GRS were to go up substantially, it won't cover the larger short falls associated with BLNK, LTBR, and VTGN!

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