Tauriga Sciences Inc (fka TAUG)

[clearmont88]

Johnny C is basically correct

There is a complex formula that incorporates the following.

A. Current price

B. Dollar volume

C. Implied volatility (beta)

D. Time remaining till expiration per warrant

E. Qualitative risk factors (some models uitilize)

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His $1.10 black shoal comment is reasonable. I won’t get into exact numbers here but his figure is not outside of the realm of reason

However - Tauriga takes the most conservative approach to this and values all warrants at 0 - until conversion completed

Even if the stock went to $5, for example, Tauriga would still value at $0 on Balance sheet until conversion completed. So this is all a futile conversation.