Replies to post #46319 on Tauriga Sciences Inc (fka TAUG)

[loanranger]

Nice job monitoring the Daily List.

We should have known this would happen around now...although it's not clear why this timing was selected.
On April 25 the company announced that its "Board of Directors Approves 1 for 75 Reverse Split, Reducing Its Outstanding Common Stock to Approximately 52,300,000 Shares With a Proportional Reduction of Its Authorized Common Stock to 100,000,000 Shares."

Then on June 7th the company filed an Amendment to its Articles reducing its common share Authorization to 100,000,000 effective July 9th. Now we see that the split is to effected on the same date.
How they can get something like this right and screw up the lip goop deal is beyond me. Maybe the lawyer should have designed the goop dispenser.


https://globenewswire.com/news-release/2018/04/25/1487300/0/en/Tauriga-Sciences-Inc-Board-of-Directors-Approves-1-for-75-Reverse-Split-Reducing-Its-Outstanding-Common-Stock-to-Approximately-52-300-000-Shares-With-a-Proportional-Reduction-of-It.html
http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2018%5C0612%5C14013028.Tif&documentNumber=P01000039737

[diannedawn]

Should be interesting to see where it will close today.
Will TAUG be able to keep its head above .0003?
That would put the post split share price above .0225.

The next question is, will TAUG manage to not lose more than 1/2 of its value in 30 days?

They need to stay above .01 for 30 consecutive days to get back on the QB as BSeth promised.

I believe it’s a good thing that it will be done on the 9th...
That means they have a little over 30 days before people see the 10Q.

We know what a joke that will be...

We will see if “our hero” BSeth can keep his finger off the dilution button...

WHY WAS IT THAT THE SHAREHOLDERS WERE NOT TOLD ABOUT THE FINANCING DONE ON MAY 10th UNTIL THE K CAME OUT???
Gee, I think the SEC requires an 8k for
financial obligations like death spiral financings!

In FACT, other stinky pinkies have been nailed for not reporting those...

As always, I am ROTFLMAO while I watch this pathetic CEO in action.