Your 10% merge ratio is laughable!
While the paid consultant laughs, certainly in that consulting role you have provided Seth with a list of reputable companies looking to merge at your written percentage of 50%. I would love to see that list. And on a similar note, what happened to that rainmaker from Pfizer that sits on one or two of Seth's window dressing Advisory Boards? When is that busting at the seams Rolodex going to be put in use. Or, if I call the guy will he know he is on one of these Advisory Boards at all?
The reason TAUG will never reverse merge, at least until they get rid of the paid consultant and his puppet strings, and who has damaged TAUG greatly, is because of a lack of attachment to reality by its paid consultant.
What was the merge percentage DECN offered Taug, 7% with TAUG having no cash and debt.
Actually I believe it was 8%, as in 92/8, and that was a great deal for TAUG, but it never would have worked because the paid consultant, who has little or no practical experience in running anything other than a keyboard, turned it down. And by the way this 92/8 number came from another TAUG consultant, Mr. Mayer, not Mr. Berman's. And just for all of our edification, what was the TAUG issued share count in June 2016?
And FWIW, Sethie's counter offer was 87/13. Mr. Berman was polite and didn't laugh at it. in the end, discussion ended for a year because Mr. Berman thinks that TAUG's paid consultant is not grounded in any reality he knows.
Yes, 90/10 will be the absolute best TAUG MIGHT be offered.
