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Re: Johnny_C post# 48263

Friday, 07/26/2019 8:11:21 AM

Friday, July 26, 2019 8:11:21 AM

Post# of 54032
"The Company also purchased in a direct offering 230,000 restricted common shares directly from VTGN during the year ended March 31, 2019 for a cost of $287,500. As of March 31, 2019, these shares were not on deposit with the Company’s broker of record."

How come?

There's no Subscriptions Payable liability on Vistagen's Balance Sheet at 3/31.
https://www.sec.gov/Archives/edgar/data/1411685/000165495419007632/vtgn10k_mar312019.htm

And I don't see a Subscriptions Receivable at that date on Tauriga's Balance Sheet either.
https://www.sec.gov/Archives/edgar/data/1142790/000149315219009783/form10-k.htm
In fact they include the shares as an asset under "Investment - trading securities" on that Balance Sheet. How can they do that if "these shares were not on deposit with the Company’s broker of record"?

But can it core A apple?
Yes Ralph, of course it can core A apple.

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