Saturday, February 17, 2018 11:38:25 AM
IMO...CONSULTANT CEO Seth Shaw is digging a very deep "very high risk" hole screwing around acting as an "investment company", without registering as an investment company!
The $191,250 equity investment in BLNK and BLNKW further exacerbates the problem, which could become a major issue for TAUG and its shareholders come November 29, 2018! TAUG no longer has enough cash to bail itself out of the "investment company" problem! CONSULTANT CEO Seth Shaw is definitely "rolling the dice", using the shareholders money, praying for a very high risk win! "Lottery" might be a fair description! ITL, GNIN, PILUS ENERGY, EISHENS, AND COWAN, AMONG OTHERS, WERE ALL CONSULTANT CEO SETH SHAW "LOTTERIES", SO WHAT'S NEW!
If nothing were to change, TAUG now must come up with approximately $1,000,000 dollars worth of non-securities assets in order to avoid being "officially" classified an "investment company"! If the value of BLNK, BLNKW, VTGN, and/or "goofy coin" were to actually go into the black, the FINRA required amount of non-security assets would even go higher than $1,000,000! BTW...The "investment company" designation would bury TAUG!
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