Keep in mind the settlement is for a "gross" of $2 million. There are some big bills to pay, including the lawyers. At this point the "net" for the TAUG shareholders a complete mystery!
A TRUE "NET" GAIN OR LOSS WILL NEVER BE FREELY REVEALED! TAUG jacked around for two years chasing the Cowan zillions! The Outstanding share count increased by nearly 2 BILLION SHARES, while the Cowan "adventure" evolved!
Also, people such as lawyers, accountants, valuation experts, and who knows who else got paid!! Take the $2 million, subtract the value of 2 BILLION NEWLY OUTSTANDING SHARES, most of which were convertible debt conversions that were "handed out" at hugely discounted share prices, then subtract the costs of the lawyers, accountants, valuation experts, plus all the other bills, and it is clear that Seth Shaw basically blew through $2 million to get $2 million, while everyone sat around for 2 years wildly anticipating a humongous pot 'o gold at the end of the rainbow! THE POT 'O GOLD NEVER SHOWED UP!
So much for Seth Shaw employing one his typical business strategies, i.e. "throwing crap against a wall, hoping something will stick!"
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