InvestorsHub Logo

Johnny_C

01/02/21 1:37 PM

#53567 RE: Liberty777 #53566

That post was nonsense, it is not worth $1.00 Valuation right now seems fair. But You are underestimating the the value of the brand and retail sales. The sales are just organic online.

But, the real valuation driver is the nausea compound, and then possibly other compounds.

Getting approvals for any drug is a difficult process. So far, only one drug has been approved using CBD as an ingredient. The attorney that worked on that drug is Taurigas attorney. That means nothing in terms of the efficacy but certainly is good in terms of his knowledge relative to issues popping up with the FDA regarding CBD.

zalicuslicious

01/02/21 2:47 PM

#53569 RE: Liberty777 #53566

"Liberty777, your posts are well thought out and reasonable. With respect to the $300k revenue/year - that genuinely is trailing 12 months, not forward looking. No guarantees of course, but the next 12 months could certainly show improvement. The past 12 months were a difficult period for many companies. The massive dilution is also a matter of opinion. What if that Dilution enabled the Company to build multiple valuable long term opportunities, such as Pharmaceutical Development. One could argue that the Company could have had less dilution but also much less opportunity to build value. It's really not black and white. Everything is a balancing act, but it's possible that Tauriga's management got it right and the dilution was in the best interest of shareholders" and whatever dilution that there was or wasn't - Also enabled Tauriga to hold onto its entire VTGN position. Which - is effectively like Reducing dilution Because that share appreciation is organic appreciation of balance sheet.

Pennyes

01/02/21 6:12 PM

#53571 RE: Liberty777 #53566

the dilution sure is a bad idea of the mgmt, no question about it..but they are in the establishing stage for the last few years and now, hopefully things will change, mgmt better learn from their past failures, and not repeat their stupidity and indulge in dilutive funding but go for constructive financial deals......in any case, it will emerge as a solid cana/hemp play!...