The importance of settling is with the litigation over Seth and BOD can take advantage current opportunities
The same could have been done a year and a half ago, with essentially the same net financial result! Seth Shaw screwed around for over two years and today the company is in no better shape than it was in July 2015, when the Cowan error first came to light!
IN JULY 2015 TAUG HAD NO BUSINESS, NO PRODUCTS, NO ASSETS, AND ONE BILLION OUTSTANDING SHARES. TODAY THE COMPANY HAS NO BUSINESS, NO PRODUCTS, SOME UNKNOWN AMOUNT OF CASH COMING FROM THE PROCEEDS OF A LAWSUIT FUNDED ALMOST ENTIRELY VIA SHAREHOLDER DILUTION, LEADING DIRECTLY TO NOW SHOWING NEARLY THREE BILLION OUTSTANDING SHARES!
YES INDEED! A SIGNIFICANT WASTE OF TIME AND MONEY QUICKLY COMES TO MIND!