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Saturday, February 18, 2017 7:39:56 PM
Group 10 is a highly toxic sometimes death spiral funding source of last resort. TAUG fell from the Group 10 highly toxic category to the death spiral category in late 2016. Group 10's peers are either closed down by SEC and DoJ, in prison, or both. Asher is a Group 10 type company under a different name. Borrowing money from the Mob is safer and better. $25,000 to $100,000 coffin nails are specialties of Group 10. Death spiral firms start the spiral early by shorting the mark's stock to kill any run up a bottom feeding IR firm brings to the table. And we both know a bottom feeding IR guy.
I would think that Group 10 would send out demand and penalty letters each and every time TAUG was in the news. And then a few more demands now and then to let Sethie know they are still around. That is their style. But will Group 10 crush TAUG? Probably not. A good parasite never kills its host. Instead Group 10 will make TAUG shareholders ever more ill until everyone is totally emaciated. That time is close.
Group 10 isn't one of those "you can't get what you want, but you get what you need" funders. With them you never get what you need. And just by doing business with these types says it all. Once a company takes the poison offered up by a Group 10, more poison is no more hurtful. It's all just poison. It is fiction that Cowan is responsible for all of this. Cowan didn't sign the pact with the devil. Sethie did.
Back after midnight.
JMO
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