Tauriga Sciences Inc (fka TAUG)

[rawman]

BTW...did you see that TAUG Board of Directors member Thomas Graham is now the Chairman of the Board of Lightbridge Corp (LTBR). Recall Shaw is connected to this Company and TAUG holds a fairly large equity position in LTBR! Not sure what qualifies Graham to be the Chairman, but a guess would include "loyalty to CONSULTANT CEO Seth Shaw"! Now Graham is a "NOT INDEPENDENT" Independent Director of both TAUG and LTBR! Have you noticed the stock price performance of LTBR over the last few months?

The following is a quote copied directly from the TAUG 10-Q for the quarter ended September 30, 2018:

On March 12, 2018, the Company purchased 25,000 common shares of Lightbridge Corp (LTBR). The investment in the common shares is recorded at fair valve with unrealized gains and losses, reflected in other operating income. The Company’s investment in LTBR had a cost of $37,511, unrealized loss of $8,261 and a fair value of $29,250 at March 31, 2018. During the six months ended September 30, 2018, the Company purchased 287,405 shares of LTBR for $299,028 (average of $1.04 per share.) During the six months ended September 30, 2018, the Company sold 80,405 shares of LTBR for $114,887 (average price per share of $1.43) realizing a gain of $15,456. As of September 30, 2018, the Company has an unrealized loss of $23,526 on this holding, and for the six months ended September 30, 2018 has recorded total unrealized losses of $15,265 in LTBR.

Please note the sentence highlighted in "blue"! CONSULTANT CEO Seth Shaw is claiming TAUG sold 80,405 LTBR for an average price of $1.43 per share between March 31, 2018 and September 30, 2018.

HOW CAN THIS POSSIBLY BE? FYI...IT CANNOT BE!

THE LTBR SHARE PRICE NEVER REACHED ANYTHING CLOSE TO A $1.43, DURING REFERENCED 6 MONTHS! THE HIGHEST HIGH OF $1.29 PER SHARE FOR THE PERIOD APRIL 1, 2018 THRU SEPTEMBER 30, 2018 OCCURRED ON MAY 30, 2018! HOW DID SHAW SELL THE SHARES FOR THE "CLAIMED PRICE" OF $1.43 PER SHARE, WHEN THE STOCK NEVER HIT A PRICE OF $1.43 PER SHARE?

HERE'S THE ANSWER! IT IS JUST ONE MORE OF SETH SHAW'S BLATANT MISREPRESENTATIONS! HOWEVER, THIS TIME IT IS PART OF THE ATTESTED QUARTERLY FINANCIAL REPORT!

BTW...regardless of the accounting treatment for the LTBR sales, i.e. FIFO or LIFO, the TAUG shareholders have gotten crushed by TAUG's large LTBR position! LTBR, which was purchased for an average price of $1.5044 on March 12, 2018 and $1.04 thru the 6 months ended September 30, 2018, CLOSED AT $0.6289 on January 4, 2019! Any way one might look at the accounting, this represents a MINIMUM UNREALIZED LOSS OF $72,000; however, the ACTUAL UNREALIZED LOSS COULD BE AS HIGH AS $86,170, OR -35%! And of course this assumes the "claimed" sale of 80,405 shares was in fact a sale of 80,405 shares!

ONCE AGAIN CONSULTANT CEO SETH SHAW DEMONSTRATES HIS PREVIOUSLY IDENTIFIED LIMITED ATTENTION TO DETAIL AND THE LTBR STOCK PLUMMET APPEARS TO REFLECT ANOTHER "SPECIAL" PERFORMANCE BY SHAW AND HIS MINION, DIRECTOR THOMAS GRAHAM!