Saturday, November 18, 2017 11:21:03 AM
Per the Audited Fiscal 2017 Annual Report (SEC Form 10-K), TAUG had determined it was not going to pursue the Pilus Energy process almost a YEAR before the above post was authored! HOWEVER, TAUG DID NOT TELL ANYBODY AND CONTINUED PAYING IT "LIP SERVICE" THROUGHOUT NINE MONTHS OF 2014 and EARLY 2015!
From the 10-K, which was filed on July 8, 2017:
"The Company determined that it was not going to pursue the market..." just TWO MONTHS after Seth Shaw had acquired Pilus Energy for stock and cash valued at over $2,000,000.
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