Tauriga Sciences Inc (fka TAUG)

[rawman]

Here's some more touting tripe from TAUG's COMPENSATED CONSULTANT JOHNNY C! For reference the first line is referring to TAUG's distribution arrangement for selling the lip goop!

Johnny_C Wednesday, 12/20/17 10:05:50 AM
Re: loanranger post# 43325

LOL. This is just a beginning launch but I think they are now capable of producing extremely large orders.

Like I have stated before, if the cash flow here pays for the Half Million dollars or so in operating costs a year it allows the settlement money to be used for M&A.

The NON-EXCLUSIVE distribution deal with ICE+JAM was consummated more than a year and a half ago on December 23, 2016! Yes, it is a year and a half later and there are still no retail outlets for the product! CASH FLOW OF A HALF MILLION IS PURE OVERZEALOUS "SMOKE"! And BTW...here's an accounting tip! IT HAS TO BE FREE CASH, i.e. PROFIT NOT REVENUE, if it is to be used to cover operating costs!

How about this candid quote copied directly from TAUG's Q3 2018 financial report:

The Company does not believe that the current line of business can achieve more than nominal sales and will not result in profitable operations, as well as not sustaining cash flow to operate the Company for a period of 12 months.

The business line may never bring products to market to have enough sales to be profitable. Products will be developed for and distributed to the retail market but there can be no guaranty that any revenue will ever be generated...

YES INDEED! IMO...IT IS NOW OBVIOUS THE LIP GOOP INITIATIVE WAS CLEARLY A "SHELL AVOIDANCE" MEASURE!

So much for PAID CONSULTANT JOHNNY C'S ridiculous DECEMBER 2017 prediction!