In fact, I think an erroneous theory you put forward was That TAUG was in on the the entire thing with Cowan.
I don't believe that, but like another fine American who also miscalculated, IMO Sethie and his consultant miscalculated and wrongly believed that their Cowan situation was a "crisis that was too good to go to waste." Embellishment of a lawsuit against a 73 year old man, embellishment of his professional transgressions, embellishment of the real damages, and voila the TAUG self-dealing becomes a very, very profitable enterprise. I can come up with no other reason why there is a single minded focus on a run of the mill, happens 100 times a year, here there and everywhere, lawsuit. But for the big embellishment scheme to have worked, Sethie and the consultant had to paint a picture of a grand conspiracy where Cowan wasn't just a professional corporation providing services, and Mr. Berman, who accepted a TAUG invitation, wasn't just a fellow looking out for his own company. There was this huge conspiracy to take down TAUG.
But, but, but... Mr. Emanual, the original author of that statement has become the laughing stock and tragic Mayor of Chicago, and Sethie has become the laughing stock and tragic CEO of TAUG. And what of the consultant? Well, there are plenty of scam companies on the Pinks.
And what will TAUG shareholders benefit from this? TAUG is slipping into a deep chasm of debt, hyper dilution and a lack of a real story. What exactly did this grand conspiracy rob TAUG of? The answer is almost nothing. And that sucking sound you hear whenever someone looks up the TAUG PPS, is TAUG swirling down the drain.
The mighty TAUG has no cash, no office, no employees, no management team, no products (and that scam continues). In fact nothing that would make TAUG look like a "real" company. But TAUG does have a naive rubber stamp BOD, a CEO with a checkered past where stock schemes and shanigans are part of his DNA. And TAUG has a consultant calling the shots who spent some time in jail for threatening children and a superior court judge. Its almost time for the "boys" to get out of Dodge, poorer but no wiser and leaving behind 5,000 bagholders.
All IMO.
