Sadly true...but one can never confuse these stinky pinky CONpanies with
REAL companies.
REAL companies have a product/service they sell/provide to generate REVENUE.
CONpanies like this have
NO product
NO service
NO revenue
NOTHING but "forward looking statements" where they pass off wishful thinking as an actual business plan.
All while diluting the shareholders into oblivion...
Who needs REVENUE when you've got a billion shares you can dump?
Just keep promising "millions" in a lawsuit win...
becoming current "soon"...
and of course, a merger with some AWESOME company looking to go public via the reverse merger route.
Of course, those "millions" are FAR FROM guaranteed...especially not the sums we've seen touted here...lol...
TAUG has had their much ballyhooed "work papers" since March...
There were numerous claims that TAUG would be "current" and get a waiver of the .01 rule...putting them back on the QB (without a reverse split) by the end of "summer"....
It never happened.
Despite claiming to be working "expidiciosly"...TAUG is STILL one K and one Q behind...
soon to be TWO Q's behind, unless we get some filings...
UNTIL they ARE current, and probably, until they an put this lawsuit mess to bed, a merger is not happening.
We've all seen the STORIES of the wonderful companies that were lining up to merge with TAUG...*cough*
In fact we saw wondrous claims of how awesome a merger with DECN would be....
Err....until K Berman decided to jump ship...
Now there is a entirely different STORY...lol...
I suggest that anyone wanting a preview of TAUG's future, skip on over to the AWAW board
(formerly BVAP, TAUG's one time JV partner and Sethie's other farse)
and see what Seth Shaw did over there....
And ask yourself an important question...
WHY would any awesome/wonderful company chose to merge with TAUG?
Ya...sure...you betcha.
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