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Re: clearmont88 post# 46012

Thursday, 05/24/2018 2:48:33 PM

Thursday, May 24, 2018 2:48:33 PM

Post# of 54032
More hilarity...

Your comment

"We know for a FACT, CONSULTANT CEO Seth Shaw PAID HIMSELF 37,000,000 TAUG SHARES back in March of 2016! The compensation was publicly disclosed!"


These shares were Not Paid to Seth Shaw. They were issued to Seth Shaw in consideration for him forgiving the cash reimbursements of $24,714.86 that we was owed as of March 30, 2016 (as the Company was fighting for its life at that time)



DO THE MATH ON THAT CLAIM....
24,714.86/37,000,000 = .000668/share

WoW! WHAT A DEAL!!!
Who ELSE have the TAUG shareholders been giving shares to @ .000668/share?
Oh...wait...never mind....
weren't most of the financing "deals" he made give aways???


AND BTW...https://www.sec.gov/Archives/edgar/data/1142790/000149315216009124/xslF345X03/form4.xml

HERE IS WHAT IT REALLY SAYS!!!
"1. The Reporting Person received these shares from the Registrant in consideration of the Reporting Person's service as its Chief Executive Officer and as Chairman of the Board of Directors as well as for expense reimbursement for which the Reporting Person has advanced the Registrant in the amount of $24,714.86."

Let me parse that out for you...
So it was "consideration" for his "service"...
in other words...PAYMENT FOR.
"AS WELL AS FOR"...
which means ALSO.

Glad I could help "clarify"...
ROTFLMAO



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