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plutoniumimplosion

12/29/16 11:52 AM

#35820 RE: clearmont88 #35818

And this product HERMAN, IMO, has great potential if marketed correctly

And where does TAUG have in place the money it is going to take to market this marvelous product and if they receive an order who, on the other side of Sethie's cell phone # is going to take and process this order?

rawman

12/29/16 2:44 PM

#35844 RE: clearmont88 #35818

Whoever wrote the TAUG PR is the Village Idiot!

First of all, the product is "HerMan", not Herman. Hell, Shaw can't even get the name right! It is a NON-EXCLUSIVE AGREEMENT, meaning anyone, i.e. a company with far more resources than TAUG, can do exactly the same deal and sell to the same customers/distributors! Who needs TAUG? TAUG delivers nothing to the manufacturer that the manufacturer cannot do by itself with the help a cosmetics industry manufacturers' rep! Then ICE+JAM doesn't split 50% of anything with anyone! And sharing the revenue and profits on a 50/50 basis is ludicrous! Who is going to be the "TRUSTED ACCOUNTANT?" What constitutes PROFITS? Who decides which costs can be allocated to the P&L! How are fixed costs going to be apportioned? Who's going to AUDIT the specific line items?

Distribution contacts? Really? In whose world? Seth Shaw, as a CEO or VP of Strategic Development, has NEVER delivered any effective distribution, including to his pal, Josh Kimmel of BVAP. How about the "distribution/license" arrangement that Shaw did with Bruce Harmon? It died and cost the TAUG shareholders hundreds of thousands of dollars! To call SETH SHAW "DISTRIBUTION INEPT" would be kind!

Commonly, when any sort of business arrangement is inked, both parties will make comments in the PR release. Notice Seth Shaw's new partner, ICE + JAM, took a pass on commenting! (For those that might be interested...check-out the suppliers website! The website is a joke! You can't even read the information! And there is nothing to definitively detail the supplier company and its principals. Just a guess...ICE + JAM probably has approximately the same market wherewithal as TAUG, i.e. NONE!)

Today's PR seems to be pretty much a Cut & Paste of Seth Shaw's multitude of other distribution agreements that Shaw has signed since late 2012. NOT ONE OF THESE HIGHLY PROMOTED ARRANGEMENTS HAS EVER DELIVERED ONE NICKEL OF SHAREHOLDER VALUE! Today's announcement is just another in the long list of Seth Shaw's promotional boondoggles! BTW...a company needs a pile of money to effectively promote and sustain a product! Hmmmm...!!! Ask Stella Sung or even retail guru, Board of Directors member Thomas Graham!