Monday, April 16, 2018 1:11:38 PM
The PR says NOTHING that has any bearing on the shareholders! LOL! To summarize, TAUG just decided to not take further near-term funding from Adar Bays! Guess what? If TAUG needs to find more funding, it again will talk to Adar Bays or another one of the toxic financiers! HO HUM!
Here's a great idea! How about doing something meaningful for the investors??!! Why doesn't CONSULTANT CEO Seth Shaw disclose the details of his Independent CEO Consulting Contract? WHAT IS SHAW HIDING? Recall CONSULTANT CEO Seth Shaw publicly committed to disclosing his compensation details two years ago in June 2015!
BTW...take note of the "change" related to a major acquisition! The last PR announced "active negotiations", which would imply something might be imminent! Now the language has change to "...the Company is focused on completing a major potential acquisition during calendar year 2018". (FYI to the author of the PR! One cannot "complete" a major "potential" acquisition! If it is "completed", it is no longer "potential"!) Ain't all this PR tripe a trip, given the wild speculation throughout the two years of the Cowan litigation!
Of course none of this is a surprise, given TAUG has essentially nothing to offer and has definitely created a very shaky situation by becoming a regulator-designated "inadvertent investment company", as a consequence loading up on a pile of extremely high-risk securities! It appears the "major acquisition" candidates are definitely less than impressed!
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