This information would seem appropriate to be stickied! It certainly will never be posted on the TAUG website!
Here are a couple very germane paragraphs taken directly from one of the two Cowan expert valuation rebuttals:
Checking Table 3 of the report, Pilus was written off effective March 31, 2014. It is a very interesting sequence of events! Seth Shaw finalized the Pilus acquisition in January 2014, Seth Shaw resigned his CEO position in February 2014, and Pilus was WRITTEN DOWN TO ZERO one month later on March 31, 2014, or only TWO MONTHS AFTER PILUS HAD BEEN ACQUIRED! YES INDEED...THIS MULTI-MILLION DOLLAR SHAREHOLDER THRASHING CAN BE LAID DIRECTLY AT THE FEET OF THE COMPLETELY INEPT AND/OR LAZY SETH SHAW! As mentioned several times, Seth Shaw wouldn't know due diligence if it jumped up and bit him on the butt!
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