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loanranger

01/19/17 6:04 AM

#36541 RE: clearmont88 #36539

I've asked others before to no avail, but maybe you'll be more helpful:
Please quote the language in that press release that was "materially false".

ricanich

01/19/17 7:23 AM

#36545 RE: clearmont88 #36539

I doubt Seth pays attention to anyone who does not know how claims are adjusted in federal court or anyone who does not know how to read and understand the multiple agencies that have rules over the conduct of accountants and orders.

I don't know what the actual claims but I'm sure that will be out-of-pocket expenses, including attorneys fees default penalties accountants fees etc. I would imagine dilution would account for some of the claims and also the harm that was done to a business over a certain period of time plus of course the potential loss merger.

Nobody is going to pay any attention to a half-baked baloney press release by Berman and Decn. All you have to do is look at DECN's ulterior motive. DECN is not only a non-reporting company but they don't even report to the FCC. They've sunk nearly as low as you can go. I received the motivation for DECN was to still talk to bury some of the financial malfeasance or even possible fraud.

Federal court will want expert witnesses, so there be an expert witness to evaluate the claims and put a dollar value of what the damages are. There would also be some type of audit or accounting ethics expert that will explain the rules violated. This will go a long way to punitive damages as it is mind-boggling the supervisory failure by Colin Teske and repeated mistakes.

Anybody that doesn't think that there was a black-and-white duty for Cowan to notify Taug immediately upon receiving the PCAOB letter per the rules does not understand the rules. It is black-and-white. Not only do they have a duty under the independence rules to notify the client but they also had a duty to do whatever they could to remedy the situation. Cowan also had a duty to inform the investing public immediately and they should've pulled the audit.

ricanich

01/19/17 8:55 AM

#36547 RE: clearmont88 #36539

"Please quote the language in that press release that was "materially false".

Clear, does this sum it up!



an offer that had been extended by the CEO of Tauriga Sciences. - He became a member of the Tauriga BOD as a result of the offer made by the CEO Seth Shaw, to merge the companies.

Berman made the original offer, Berman did not become a BOD member until after Berman made the original offer.

As has been noted, Decision Diagnostic has been unable to properly file annual audited financial reports for 2014 and 2015 due to the incompetence and deceptions of its previously engaged auditing firm,

More years than 2014 and 2015

company subsequently engaged have been unable to complete their audits due to the absent information that Bradford refused to convey, despite the PCAOB sanctions and the intervention of the Nevada State Board of Accountancy.

There is nothing in the PCAOB complaint or Nevada Board of Accountancy that speaks to "absent information that Bradford refused to convey". Berman was friends with these auditors and had a very cozy relationship with the BOOKEEPER....Berman did not make a complaint to the Nevada Board or PCAOB seeking the absent materials back, nor did he file a lawsuit against his friend like TAUG did.

Tauriga to effectively exist as a trading shell whose sole revenue objective appears to be limited to the prospect of a jury award from a successful prosecution of a lawsuit filed against its former auditor.

DECN is not a shell nor is a shell currently per SEC rules. The revenue objective is to acquire or merge with companies but obviously until the trial is over formulating a cap structure is challenging.

he became aware that the singular focus of the Tauriga CEO was the pursuit of their litigation. Additionally, it became increasingly apparent that a stipulation to any merger agreement execution was the expectation of DECN support and financial underwriting of that litigation.

Both of these statements are false, as TAUG has raised the money without DECN. Berman is the one that made the stipulation that the lawsuit had to be settled, he even offered to give Seth the entire proceeds.

Mr. Shaw consistently conveyed his conviction that the litigation would yield tens of millions of dollars in a guaranteed

TAUG's press releases speak as to what Mr. Shaw thought the damages were, punitive damages would be a multiplier. The insurance company had already admitted liability prior to Berman making a move to merge with TAUG

DECN engaged attorneys specifically to review the viability of the lawsuit and to estimate any possible award. Mr. Berman was advised that any award would be unlikely to exceed $250,000 plus fees previously charged and paid to the accused accounting firm.

Hard to keep this one straight, it appears that Berman asked a retired lawyer to look at the case as DECN's offers to merge with the stipulation the lawsuit be settled. The lawyer Michael Belcher reviewed the lawsuit and did not speak with anyone at TAUG regarding damages. According to Berman, Belcher gave this evaluation for free.

While the gist of this attorney looking at the case is true, the motivation was to harm TAUG's case, doesn't look like it worked though.

Decision Diagnostics has abandoned any coordinated planning with Tauriga and has formally separated any connections.


Berman texts Seth non stop. Berman made offers after the release. One only needs to look at what happened to DECN subsequent to this announcement to understand the motives of DECN.