Replies to post #47522 on Tauriga Sciences Inc (fka TAUG)

[diannedawn]

Oh my god... who did not see this one coming?
This is BS Shaw’s MO.
Dilute, dilute, and then dilute some more!!!

“The Company and Eagle Equities entered into a side letter agreement contemporaneous to the securities purchase agreement and the note. Under the terms of the side letter, Eagle Equities acknowledges that the Company currently has an insufficient number of authorized shares of Common Stock available to reserve the required number of shares of Common Stock for conversion of the note. In order to remedy this share reservation and conversion issue, the Company has agreed that it shall use commercially reasonable efforts to obtain shareholder approval on or before April 15, 2019 to amend its articles of incorporation to increase its authorized share capital to provide for a sufficient number of shares of Common Stock to satisfy the conversion rights of Eagle Equities under the securities purchase agreement and the note.”

What a frickin’ JOKE!!!
ROTFLMAO

[rawman]

It's pretty easy to be "on-time", when there's not much to report! I'll dig into the Q and check out the Balance Sheet a little later. Now there will be an unequivocal meaningful comparison between the December 31, 2017 and December 31, 2018 Balance Sheets!

Not to pass early judgement, but seeing the trends and the overall performance of CONSULTANT CEO Seth Shaw's very high risk equity investments, I anticipate the December 31, 2018 Balance Sheet will be worse than the one from last year! For sure the current Balance Sheet will NOT be better than the one from 12 months ago!