Replies to post #34935 on Tauriga Sciences Inc (fka TAUG)

[rawman]

We are now up to date on all Quarterly and Yearly financials which makes us fully reporting. OTC will go thru the process and we will be listed back on the OTCQB when that process is completed.

The comment is yet another oversimplification (misstatement?) by Mr. BOD! TAUG is not qualified to be uplisted as the result of not meeting the OTC requirement that the share price meet or exceed one cent for 30 consecutive days! The share price has not seen 30 consecutive one cent days since March 2015, nearly two years in the past.

The above quote is a blatant misstatement rendered by company Director, Thomas Graham, suggesting the uplist will be a simple process! Why not provide objective information, including the reality of the situation to the shareholders? For most companies this is typically an outside Director's fiduciary obligation! Apparently not with TAUG!

IT IS HIGHLY IMPROBABLE THAT AN UPLIST WILL BE A SIMPLE PROCESS! TAUG'S MOVE TO THE OTCQB CAN ONLY BE DONE ON AN "EXCEPTION" BASIS! TO IMPLY THIS IS A FAIT ACCOMPLI IS COMPLETE NONSENSE! AN UPLIST WILL REQUIRE OTC MARKETS TO AGREE TO THE MOVE, BASED UPON TAUG's APPEAL FOR AN EXEMPTION FROM THE OTC REQUIREMENTS! THERE IS ABSOLUTELY NO GUARANTEE WHEN OR IF AN EXEMPTION WILL EVER BE GRANTED!

THE "PUMPING" NEVER STOPS!

[loanranger]

"We should show current with in 24 to 48 hours then back to OTCQB once reviewed and processed."

You make it sound a lot easier than it is likely to be.

"To be considered for admission to OTCQB, a Company shall:
----
2) Have proprietary priced quotations published by a Market Maker in OTC Link with a closing bid price of at least $0.01 a) for each of the 30 calendar days immediately preceding the Company’s application for OTCQB and b) as of the date OTC Markets Group approves its application to join the OTCQB marketplace."

And they'll need to fork over the $2,500 application fee and the $10,000 Annual Fee.

Unless, of course, CEO Shaw can wrangle some special "it really wasn't our fault" terms for Tauriga that OTCMarkets doesn't offer to anyone else. I sure hope if such a deal is struck it will be announced in a press release and not "floated" on a message board.

http://www.otcmarkets.com/content/doc/otcqb/standards.pdf


ps. TAUG has issued 60,000,000 shares in the last month***, which would have been worth about $400K or so (although we don't know if they were issued for cash) so they should be able to fund the OTCMarkets fees, but they're obviously at least a month away from the OTCQB based on the price requirements of the Standards.

***150,000,000 in the month before.