As is the normal situation following a Reverse Split, TAUG has crashed!
Since CONSULTANT CEO Seth Shaw did his "RS magic", the share price has fallen nearly 40%. At the now current price of .02, the shares are at the equivalent of a split-adjusted .00027. Any chance TAUG will go below .01 and in danger of once again being exposed to a listing downgrade? You betcha!
CONSULTANT CEO Seth Shaw continues pocketing his ten thousand shareholder bucks per month, despite this rancid performance! Anybody else got a job like this????
Since TAUG has no cash, is the Company borrowing from toxic lenders to pay Shaw's monthly "consulting" fee? IMO...most probably! How many Investment Company managers get paid by borrowing? Investment Company managers are usually compensated based upon performance, but not CONSULTANT CEO Seth Shaw!