"The Company has reported revenue"
Chatting about revenue on message boards and in press releases isn't the same as reporting it. There's a REVENUE line on the Tauriga Statement of Operations. When was the last time there was anything other than a big fat zero on it?
"The Company states in 8-K - during Late February 2019 (when Stock Traded between 6-8 cents) this placement was commenced" but they didn't close on any funds until April 12th when the share price closed at $.12.
"LoanRanger states that the Company could have waited 12 months and paid cash + 8% interest. This is hogwash."
Per the filing: "As previously disclosed on the Company’s Quarterly Report on Form 10-Q (filed on January 29, 2019), on January 23, 2019, the Company and Eagle Equities, LLC (“Eagle Equities”) consummated entry into a securities purchase agreement whereby the Company borrowed $62,000 under a one-year term convertible note (“Note”)."
It was a ONE YEAR NOTE. That means exactly this: the Company could have waited 12 months and paid cash + 8% interest.
"it’s a relatively small number of shares (approx 1,300,000 that are restricted for a long time)" The restriction ends on the same day that the Company could have paid the note off without any penalty whatsoever. Once again, next time you see Seth you should ask him why he didn't do that.
You need to read this stuff more carefully if you really want to understand it.
News 
Market Data 
Discover 
