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rawman

02/24/17 10:27 AM

#37011 RE: gotw #37006

...why the damaged ability to raise capital is referred to so many times in the court filings.


PLEASE RE-CHECK THE REFERENCED POSTS! The ability to raise capital was purportedly RESOLVED, when TAUG was once again deemed "reporting"! This occurred when the financials were brought to current! Now, based upon the posted comments, TAUG should have "no problem" finding funding!

Of course any funding will be of the highly "toxic" variety, meaning the shareholders will get "clipped" with things such as origination "costs" and 50% discounts on debt conversions! Like most PENNY STOCKS, no "legitimate" financier would ever even come close to funding anything TAUG!

BTW...in terms of product concerns...there is a HUGE issue regarding the cannabis oil-based roll-on! And the issue is pretty basic, i.e. DUE TO THE CURRENT FEDERAL REGULATIONS, CAN THE PRODUCT BE SOLD ACROSS STATE LINES? In general, based upon recent DEA position statements, it appears not! Does TAUG have a definitive legal stance, not the "speculation", which has already been communicated by Seth Shaw! If so, it would be interesting for investors to see a clearly delineated opinion and the underlying rationale for this opinion!