The above sentence was included in the Press Release that announce the Cowan trial date! WHY????
What does "today's event(s)", i.e. trial date, have to do with a Contingency Engagement Agreement?
"FINALIZING NEGOTIATIONS" says NOTHING! Why not wait until the negotiations "HAVE BEEN FINALIZED"?
Clearly this indicates all of the attorneys' fees to this point have been paid in cash and not based upon a contingency? Hmmm...really?
Based upon history, it seems very clear the TAUG shareholders will NEVER be apprised of any PARTIAL (whatever that is!!!) Contingency Engagement Agreement terms and conditions, i.e. the percent of any positive outcome that will go to Shaw's pal Silverberg! Seth Shaw is discounting shares to do financing by a factor of 75%! How much will he give up to placate (or even please) Silverberg?
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