You're definitely right on that. They also tease later on in the article about the "potential excitement ahead for the stock."
Two Giant Cherries on Top
However, there were two other big announcements hidden within the company’s release that should be highlighted here if you’re looking for potential excitement ahead for the stock.
First, Tauriga Sciences Inc (OTCMKTS:TAUG) snuck in a bit of guidance by stating that “As of September 10, 2020, the Company has already generated record Quarterly E-Commerce sales – during this current operating Quarter (2ndFiscal Quarter 2021).”
In other words, the quarter ending on September 30, 2020, already looks like a good candidate for record growth. That’s our analytic leap and we don’t have any more information on this than anyone else. But wellness products are e-commerce-heavy in terms of sales, and the fact that the company’s e-commerce sales are heading for a record suggests some potential that we are already seeing an acceleration overall in the company’s sales growth data, which will hit after quarter-end.
But this leap isn’t so big after all because of the next cherry on the sundae: “Additionally, the Company is in the final stages of completing a major Joint Venture Partnership Agreement (“JVP Agreement”) to enhance both the profile and scale of this upcoming Rainbow Pack launch. It is anticipated that this JVP Agreement will be mutually executed within days.”
This is even bigger. We would expect this to be some sort of announcement about a partner to help market and distribute the new monster product offering that launches Sunday. That means we might be setting up to see this company launch its biggest product ever AND on the widest roll-out scale ever AND with a major new marketing and distribution deal for the final week of the quarter.
If we are already potentially flirting with new record sales for the company this quarter, that could put it over the top. And it also frames a very strong kick-off to the December quarter data.
As we said at the outset, Tauriga Sciences Inc (OTCMKTS:TAUG) is a stock that has been looking for that extra-hot catalyst to push it into the market’s spotlight. We may be setting up for that now.
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