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Re: A deleted message

Friday, 01/13/2017 8:49:27 PM

Friday, January 13, 2017 8:49:27 PM

Post# of 54032

1) The financing was primarily private placement

2) Seth Shaw was issued 37,500,000 shares in Feb 2016 which he earned many times over and voluntarily gave up $25,000 in cash reimbursements owed to him


You want facts, here are facts!

1) A "private placement" does not mean the transaction was not TOXIC! The shareholders still get crushed with further dilution! And BTW...please explain the impact of the Group 10, non-private placement, which was accomplished by discounting TAUG shares by a factor of 40%!

2) The Board of Directors, Executives, and single Officer received a gift of a total of 100,000,000 TAUG SHARES, not in February, but at the end of March 2016. That is a FACT! Seth Shaw did in fact receive 37,500,000 shares, which at the time were valued at roughly $250,000! Not bad for a guy that had never accomplished generating one nickel in shareholder value! And what was Seth Shaw doing to warrant 37.5 million share payment? Keeping the company afloat! The financiers, accountants, and attorneys have been keeping the company afloat since mid-2015! Shaw might spend 10 hours a week screwing around with TAUG! Seth Shaw certainly has plenty of time to pursue other lucrative opportunities! And he has been doing it!

Since the poster seems to have intimate knowledge Seth Shaw's business activities, it would be interesting to just get a thumbnail sketch of what Shaw does during the work week, i.e. two hours for lunch, one hour meeting with a toxic financier, five hours on the golf course, etc. And then rather than saying something as vague as, "Seth Shaw has saved the company", why not be specific about how he has filled up his time working on behalf of TAUG's shareholders and earning his 37.5 million share payment! Forget all of the accounting stuff, as that was done by accountants! Forget all of the legal stuff, as that was done by the attorneys!

A year and half, based upon 220 work days per year, which is kind, at 8 hours per day, represents over 2500 hours of work! Sorry...there is no way Seth Shaw has come close to working 2500 hours on behalf of TAUG, since July 1, 2015! There simply has not been that much to do! If the poster feels differently, a reasonably detailed explanation would be appreciated! 2500 hours of work on behalf of the TAUG shareholders is a joke! And this is from a guy who claims to be giving a 110% TO EVERYTHING HE DOES! On the other hand 110% is a "relative" measure, i.e. 110% of what? If it has taken Seth Shaw 2500 hours to get to this point, he should be big-time embarrassed!

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