InvestorsHub Logo
Followers 75
Posts 13313
Boards Moderated 0
Alias Born 04/10/2013

Re: clearmont88 post# 48932

Tuesday, 02/11/2020 11:16:23 AM

Tuesday, February 11, 2020 11:16:23 AM

Post# of 54032
THE FOLLOWING ARTICLE CLEARLY DESCRIBES NON-EMPLOYEE CONSULTANT CEO SETH SHAW'S EARLY TIME AS THE CEO OF TAUG!

December 4, 2013

Tauriga Sciences (OTCMKTS:TAUG) is a development stage company. With a current deficit of around $35 million, the Company has $200 thousand in cash on hand and around $1.5 million in accrued liabilities as of September 2013. Tauriga has no products and services to offer and no revenues. In the period between March 2012 and September 2013, Tauriga issued over 180 million shares to fund their business bringing the total number of outstanding shares to 303 million currently. An investor in Tauriga Sciences over the past year would have lost over 80% of their investment as a result of this dilution.

In a previous article titled “The Dangers of Investing in Over The Counter (OTC) Stocks“, we looked at a number of companies that used the word “nanotechnology” to promote their value proposition, yet over time lost nearly of all their value. OTC companies claiming to be involved in similar disruptive technologies such as “3D printing”, “grapheme”, or “synthetic biology” should also be given extensive due diligence for the same reasons.



https://www.nanalyze.com/2013/12/tauriga-sciences-taug-and-pilus-energy/

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.