SETH SHAW AND FRANK
SETH - I talked to him last night and was very very impressed. Looked at past charts and this was trading 20 million shares a day and hit a high of .3 He said his main focus is on getting the company reporting again. His specialty is relationships with institutional investors. He also said he would not have expended all this energy and time but for trying to make shareholders whole.
The lawsuit is in mediation and details are confidential - we will know outcome through press releases, court orders or a trial which is scheduled for October. I did ask if the policy was about 6.5 mil and he said yes, I also asked if TAUG could win excess of that, like 30 million due to the market drop and handcuffing TAUG's ability to pursue profitable ventures.
He would not comment except to say anything is possible.
I asked if TAUG won money if he would buy back stock to reduce the float, he would not comment except to say one step at a time.
Frank...My wife is a Director at Pfizer, in a different capacity. All Seth stated was that Frank has potential contacts with many small companies. My wife has a serious budget in her capacity, and even she runs into private companies.
All in all, I could not even speculate on the potential relationship except to state this has to be positive