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Re: clearmont88 post# 42556

Friday, 11/17/2017 1:12:39 PM

Friday, November 17, 2017 1:12:39 PM

Post# of 54032

Tauriga shareholders are very fortunate to have Seth as CEO.


CEO SETH SHAW's BLOATED EGO APPARENTLY NEVER QUITS!

How about some accountability? How about some due diligence? How about some shareholder value? How about some actual work?

FORTUNATE??? REALLY??? In what world? Please explain to the shareholders that bought into TAUG when Seth Shaw first took over as the CEO in Fall 2012 that they are "FORTUNATE"! Tell the investors who bought in on the HYPE related to Pilus Energy that they are "FORTUNATE"! How quickly some forget, including Seth Shaw!

Since 2012 Seth Shaw has dumped a minimum of $3.5 to $4.0 MILLION chasing one boondoggle after another! And during the 5 years since Fall 2012, Shaw has been compensated despite being completely inept! Yes, Seth Shaw is personally very "FORTUNATE" being a TAUG employee for the last 5 years! What has Seth Shaw "banked" during this 5 year timeframe?

Now it appears that Seth Shaw wants to be congratulated for doing nothing other than pursuing two year's worth of legal action against a former auditor who made a mistake. Yes, TAUG is to receive $2 million, but how much did Shaw spend chasing the $2 million? According to some, the pursuit of a big payday became an irrational quest! To some degree "rationality" finally prevailed! Looking at the financial reports for the last 2 years, it appears TAUG's outlay was in the range of at least $1.5 million, meaning the net of two years worth of Shaw screwing around would seem to be in the range of $500,000, and that could well be high! Hell, it is entirely possible the $2mm received from Cowan's insurer is a "break-even" for TAUG's shareholders, i.e. two million out and two million in! Setting aside all of the highly dilutive note conversions, just total up the General and Administrative Expenses, as shown on the Income Statement for the last eight quarters, and one can gain an appreciation as to the cost bourn by TAUG's investors!

OH MY...HOW MUCH MORE "FORTUNATE" CAN ONE GET?????

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