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Sunday, August 21, 2016 6:30:48 PM
The main driver in buying Taug which was restricted stock was a friend who knew Seth for over 6 years and my wife being a director at Pfizer and confirming how high up the food chain frank is. The thing with Taug merging with a private company that has been vetted by templeton or Pfizer is that these companies will take an equity stake. Decn will have to eat through tens of millions of shares at sub .25 prices. It may be a good trade here but even though my crystal ball shattered years ago I think your pal bermans days are numbered. 6 months or so IMO
There are to many good private companies that look for investments and business that want to go public. Berman wouldn't answer questions regarding convertible exploding preferreds, questions about accounting irregularities or his wacky press releases. I think the merger was dead after berman told sets to take care of himself and screw the Taug shareholders and berman would reward him with millions of Decn shares plus berman texting Seth to to have me leak inside information. But you can think what you want. If Taug fails it wouldn't bother me a bit. Decn rubs me the wrong way because I jumped on it before the Forbes article based on the patent case.
But desperate penny dreamers are more than welcome to believe in a schmuck who has a repeated history of screwing shareholders. Every company he listed in his press release is a loser
Have a nice night
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