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diannedawn

04/25/16 7:59 AM

#30230 RE: rawman #30190

You're right...we have no way of knowing if this is ALL of it.

Seth Shaw donated 37,500,000 shares, worth over $300,000 to himself, but per Shaw, "my personal compensation is the furthest thing from my mind!" How in the hell did Seth Shaw EARN $300,000 (and the shareholders don't even know if this is the full extent of his compensation)! Contrary to the company's commitment stated in the July 2015 8-K, announcing Seth Shaw as the returning CEO, TAUG has not yet filed an 8-K making the shareholders aware of the CEO's compensation package! Seth Shaw and his gang have gotta love it! Of course not paying the EDGAR filing bill, makes filing any of the required SEC documentation impossible! How convenient!


AFTER ALL, in the past he did THIS.

He said he was going to forego the cash compensation...and take shares instead... THAT LASTED SIX MONTHS..."Commencing October 2012, the chief executive officer received 360,000 shares (60,000 per month) of the Company’s common stock as salary in lieu of cash. These shares were valued between $0.04 and $0.24 per share. His employment agreement was subsequently modified in December 2012 to begin cash compensation in addition to the 60,000 shares award per month.

if we can even trust their math...How is Aug to Dec worth 360,000 @ 60,000/month??? LOL.

"On August 22, 2012, the Company entered into an employment agreement with Seth M. Shaw, its then CEO. The agreement provides for annual compensation of $132,000. Mr. Shaw previously elected to forgo cash compensation and receive 60,000 shares of the Company’s common stock on a monthly basis. However, as the only principal officer and director, he decided to take the cash compensation as well. Effective February 26, 2014, Mr Shaw resigned as CEO, Chairman and Officer and was appointed to the position of Vice President, Strategic Planning at which time his employment agreement was amended as follows: (i) salary of $8,000 per month for March and April 2014, with a salary increase to $9,500 per month commencing on May 1, 2014 and thereafter; (ii) a one-time $25,000 cash bonus once the Company completes a minimum private placement financing of $750,000; (iii) a monthly restricted share allotment of 60,000 common shares which continue as under his prior agreement; (iv) other customary benefits. On May 27, 2014 or 90 days subsequent to his resignation as CEO, Mr. Shaw shall be deemed a non-affiliate."

BIGGEST, <<<CREEPIEST>>> JOKE <<<EVER>>>