Good morning. Let us take stock of TAUG as an on-going investment this Friday, February 17.
TAUG is being run by a person with a rumored substance problem, and arguably that is not the most negative character flaw in his checkered past. Its "consultant," the puppeteer behind the puppet CEO, has spent some time in jail for threatening children (in writing), ignoring a series of court orders, and then threatening a superior court judge. More recently, this consultant intervened in TAUG's lawsuit against its former auditor by communicating with a Federal court judge and bullying her. That's an interesting career progression, tough guy time served to the power behind a public company. By the way, the consultant's past is not disclosed in any TAUG public filing. Nor are the CEOs past (and sad) associations, including the association with the arguably criminal association with the rogue SpongeTech.
But I digress. TAUG has less than $300 cash. I know of 11 year olds who cut the old ladies' grass in the summer that have more cash. TAUG has no employees. TAUG has no management team. TAUG has no executive offices, or any office for that matter. TAUG has misrepresented this to the SEC for years. By the way this office thing is important because every corporation's by-laws call for the designation of offices to be the responsibility and only the responsibility of the BOD. This is no oversight. Certainly the BOD knows that the company has no offices, as do the CEO and the "consultant."
TAUG has no phone number. TAUG has no products. TAUG has no customers. TAUG has no business plan. TAUG has no merger partners or partnerships. TAUG is a shell (no matter which box is checked on a periodic report title page). Bad.... bad.... bad.... Now let's look at what TAUG does have.
TAUG has 4-5 message board vigilantes who are spending 24/7, at the behest (and probably payment) by the TAUG CEO. TAUG has an enemies list which includes a former CEO, other message board posters, a former director (for a very short period of time), and a totally removed (8 months ago) company. TAUG also has bet the ranch on a hopeless lawsuit against a former auditor who admitted to its faults in a public setting. The court case could have been settled months ago before TAUG has spent an additional $200,000 of shareholder money to spin its wheels. Now TAUG is resorting to extortion. Pretty fitting given the past histories and associations by the CEO and the "consultant." And, this lawsuit is going nowhere. Oh, and by the way, TAUG, its CEO, its "consultant" and the message board vigilantes are being sued by this unaffiliated company for libel and Internet stalking. This is what your investment in TAUG has earned the average shareholder. The average shareholder has no business to be proud of or product to feel good about. The average shareholder has no future to look forward to, no business plan to point to, no executive office to visit. None of that exists.
What does exist? Well, TAUG has nearly 2 billion shares outstanding. Almost half have been issued so that the CEO could prosecute his hopeless lawsuit, overpay auditors, and attack unassociated third party officers and directors of an unaffiliated company.
There is just so much NOT to talk about when it comes to TAUG. I carry around a big smile all day when I think about TAUG and its message board vigilantes and their threats of SEC action and criminal raids of a company that does have an office, and employees, and a management team, and does no death spiral financings. I post once a day on this message board, and the vigilantes post hate 24/7 on the DECN board. And the vigilantes take turns trying to give the impression that its just all so spontaneous. I chuckle when I think about the CEO twisting himself into the ground with rage because he and the puppeteer cannot control things. And I LOL to think that the CEO and the "consultant" actually thought they could control things while offering nothing in return to shareholders. NOTHING.
Tomorrow I plan to explore the illegal sweetheart deals given to the consultant to invest small amounts of what is now conflicted money, and of course those death spiral financings.
All IMO.
