Tauriga Sciences Inc (fka TAUG)

[rawman]

Johnny_C Sunday, 11/19/17 09:24:58 AM
Re: rawman post# 42582
Post # 42583

You are reading yesterday’s newspaper. Tomorrow’s newspaper will be much different, and by tomorrow I am thinking by q2 of next year. You repeatedly throw out expenses that Taug has to pay without any facts.

After Taug gets the settlement money we will be getting close to holidays. I suspect the Board took this cash settlement because the opportunities Seth has outweigh the potential further delays and costs.

I will again state, early this year we were involved in a reverse merger that was consummated for about 2 mil cash and could easily do 500 mil in sales within 3 years, if not more.

Chew on that

Game Set Match taug

IT HAS NOW BEEN OVER A YEAR! GUESS NOT!

BTW...TAUG only had $2 million on the Balance Sheet at the moment it received the Cowan Settlement! And, as predicted, 50% of the $2 million was instantly gone to pay accrued expenses, including the consultants, lawyers, and accountants!

TAUG's Fiscal Q2 2019 Balance Sheet for the period ended September 30, 2018 shows a MEAGER $763,340 IN TOTAL ASSETS! That's it! Remember TAUG collected $2,050,000 from Cowan's insurer! Nice performance by Shaw and his TAUG INVESTMENT COMPANY!

What a joke! Under CONSULTANT CEO Seth Shaw's direction this slug is going nowhere in a hurry! But Shaw is continuing to pocket his ten grand per month from the TAUG investors! Something is very wrong with this picture!

How about a quick snapshot of CONSULTANT CEO Seth Shaw performance over the last three quarters??!!

December 31, 2017 -- Total Cash and Trading Securities -- $1,072,712

September 30, 2018 -- Total Cash and Trading Securities -- $736,180

That's right! The Cash and Trading Securities lines have actually fallen by $336,532 in just the last nine months!

CONSULTANT CEO Seth Shaw might try to argue the Cash was reduced as a consequence of paying down debt. BS! The total Current Liabilities only went down by $217,615 and we know this is somewhat bogus, because TAUG announced borrowing more money on October 6, just after the quarter closed. The borrowing was used to pay down some convertible debt, but it added a net $60,000+ to the Current Liabilities line! Basically, the Current Liabilities have only been reduced by approximately $150,000 during 2018!

THERE IS NO FINANCIAL METRIC IN THE WORLD THAT WOULD EVER CONCLUDE TAUG HAS A BETTER BALANCE SHEET THAN IT HAD ON DECEMBER 31, 2017! NONE! WANNA TO KNOW WHAT'S HAPPENING TO SOME OF THE CASH? SHAW KEEPS GETTING PAID!