Tauriga never entered into any partial contingency with Silverberg -- it was contemplated for a while back in May of 2017 (as disclosed in a press release at that time) and it was never entered into.
REALLY?Are you absolutely sure? If the poster is so certain, how would he have come to be in possession of this INSIDER INFORMATION?
There was a very public announcement about the "partial contingency agreement", but if the poster's contention is in fact true, per usual, SETH SHAW ONCE AGAIN IGNORED HIS COMPANY'S INVESTORS! WHAT A SHOCKING DEVELOPMENT! LOL! HISTORY HAS DEMONSTRATED THAT "IGNORING THE RETAIL INVESTORS" IS ONE OF SHAW'S VERY DISTINCT CHARACTER FLAWS! IT HAPPENS CONSTANTLY...OVER AND OVER AND OVER AGAIN!
It has been said that "Seth Shaw would NOT know DUE DILIGENCE if it were to jump up and bite him on the butt!"
Reviewing history, we can now confidently state, "CEO Seth Shaw would NOT know TRANSPARENCYAND/ORDUE DILIGENCE, if either were to jump up and bite him on the butt!
IMO...CEO SETH SHAW IS A PERSONAL FORTUNE HUNTER, WHO COULD CARE LESS ABOUT HIS COMPANY'S RETAIL INVESTORS! OTOH...based upon TAUG's historic mountain of highly profitable convertible notes, it is abundantly clear that Shaw does have a particular "fondness" for the his pals and cronies, the institutional financiers!