Tauriga Sciences, Inc. announced that it has fully repaid and retired its $135,000 non-convertible inventory factoring credit facility, entered into with an institutional investor, on October 6, 2020. The Company repaid this Facility entirely in cash: for 5 equal installment payments of $21,214.29 and a final installment of $42,428.58. Due to the Company’s improved retail business, it decided to retire this Facility a month early. This $135,000 in factoring capital was structured as a non-convertible promissory note (interest bearing: 10.00% per annum), with a built in 6-month grace period. Repayment of this loan, contractually, was to occur in 7 equal monthly payments of $21,214.29 (Repayment Period: April 5, 2021 through October 5, 2021).