InvestorsHub Logo
Followers 75
Posts 13313
Boards Moderated 0
Alias Born 04/10/2013

Re: clearmont88 post# 44666

Tuesday, 02/20/2018 8:26:27 AM

Tuesday, February 20, 2018 8:26:27 AM

Post# of 54032

Looks like a Company that had been fighting litigation for 2 1/2 years up until November 2017


Of course the poster fails to mention that compensated CONSULTANT CEO Seth Shaw essentially sat on his butt for 2 1/2 years, espousing "damages in excess of $4 million", while the lawyers and accountants pursued a legal action that further devastated the TAUG shareholders with BILLIONS of shares worth of dilution!

Yes, Shaw negotiated a mountain of convertible toxic financing with his good buddies, the "so-called institutional investors"! These high-level negotiations probably were accomplished in minutes or hours, then the attorneys did the rest! How many business hours are in 2 1/2 years? Certainly, over 90% of these business hours were frittered away, doing nothing!

And what was the NET outcome to the TAUG investors for 2 1/2 years of screwing around with wrong venues and late court filings? The NET GAIN, after factoring in massive shareholder dilution and the direct cost of pursuing Cowan, turned out to be much less than a half million dollars! But rest assured, CONSULTANT CEO Seth Shaw intentionally saved himself the humiliation of being cross-examined by the opposition's attorneys!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.