Just starting a review of the Q2 2018 10-Q, which was filed on Monday!
First question....who received the $504,000 in "Stock-based Compensation" between April 1, 2017 and September 30, 2017? Seth Shaw and his fellow insiders have not filed any SEC Form 4's. Basically, TAUG has been "distributing" an average of almost $100,000 worth of TAUG shares for each of the last six months, which appears to account for roughly 500,000,000+ shares going out the door! THE COMPANY WAS DOING NOTHING, BUT SOMEBODY RECEIVED OVER $500,000 OVER THE LAST SIX MONTHS!
Indeed Seth Shaw is "paying attention"! LOL! The Balance Sheet shows a Current Liability for a $807 BANK OVERDRAFT! Oh well....
Also, aside from $32,000 worth of Prepaid Expenses, the Balance Sheet shows NO OTHER ASSETS! It will be interesting to the see the "accounting" related to the Cowan settlement. Of course TAUG's next quarterly report won't be issued until mid-February 2018.