Tauriga Sciences Inc (TAUG)

[rawman]

I wonder what VTGN warrants are really worth now that stock is at about par to original investment.

LOL! Let's deal in FACTS! TAUG invested in VTGN at the equivalent $1.50 per share. Today VTGN closed at $1.44 per share. At this moment the TAUG's Balance Sheet is showing a loss re: VTGN! There is no "official" market for the warrants and the share price is currently below the strike price, so the auditors only allow showing the warrants as having "NO VALUE"!

Tauriga Sciences, Inc. participated in a $15,000,000 underwritten public offering by Vistagen Therapeutics Inc, which closed on December 13, 2017. The Company invested $480,000 USD of its net cash position and purchased 320,000 registered shares of Vistagen common stock, as well as warrants exercisable immediately for a period of five (5) years from the date of issuance for up to 320,000 additional shares of common stock of Vistagen. The Warrants carry an exercise price of $1.50 per share, and do not incorporate a cashless exercise feature.

TAUG currently values its VTGN holding at $460,800, which represents a $19,200 LOSS for its $480,000 investment!