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diannedawn

12/29/16 12:33 PM

#35828 RE: clearmont88 #35824

If you went back and reviewed my previous posts on this subject, you would see that the example of fees paid was just tossed out as an example of "damages" that could be proven...
I have even said in the past that I believe some punitive award could be in order.

But I continue to believe that TAUG has done everything they can to MAKE the "damages" appear to be MORE.
Like what happened at the end of July 2015...lol...

I am QUITE sure that TAUG never thought this whole thing would drag on the way it has...
I think they probably thought they could walk away with whatever the insurance limit was...
but my guess is that the insurance company refused to roll over and just give away "millions" in claimed "damages" to a penny stock company with essentially NOTHING.

Reality is this whole thing has been a series of mistakes made by Shaw.
From filing the lawsuit BEFORE going through mediation as required
to filing in the wrong venue, reneging on the agreement to transfer,
and on and on...

I guess I'll wait for the trial and see WHAT "damages" are actually PROVEN.

How's that "loss of market cap" claim coming???
Oh...wait...

ROTFLMAO

diannedawn

01/04/17 6:38 PM

#36094 RE: clearmont88 #35824

It's interesting that it has been claimed several times here that TAUG did NOT owe Cowen any money.

OK -- you state that "TAUGS should recoup any $$$ they PAID for that faulty audit"

Which was FULLY paid for, that is a fact


Which contradicted what I recalled from my first reading of Meyler's deposition back in October.
So today I went back and reread that.
https://www.sec.gov/Archives/edgar/data/1142790/000149315216014029/ex99-1.htm

Can you explain these discrepancies???
Any PROOF that Meyler was LYING UNDER OATH???

page 108
Note Meyler says they were told they were dismissed and that KBL would reaudit 2014 and audit 2015.
On page 111
It is mentioned again. KBL was to reaudit 2014 and audit 2015.
Page 112
Meyler talks about the fee dispute and the money OWED by TAUG.
Page 113 lines 1-3
He speculates that Stella thought TAUG could get "it reaudited cheaper than to pay Cowan".
Page 114 lines 3-8
He repeats for the dimbulb atty, that he believes TAUG was going to reaudit 2014 (allegedly this is what they were told when they were let go in mid June...see above) because Stella had a fee dispute with Cowan and decided she could get 2014 reaudited for CHEAPER, and then just not pay Cowan.
On page 117
We are told Meyler thinks the amount due was "something like $98,000"
Money paid is applied to OLD invoices FIRST.
It's also been claimed here that Cowan did nothing in between
the 2014 audit and their dismissal...
but on page 122 it says they DID do some work...
Page 124 explains WHY it was typical for TAUG to not even START doing their year end audit until so late.
Page 125
Meyler explains an email...that he wasn't REALLY doing any year end audit work (yet)...He was just trying to COLLECT the overdue balance.

EXPLAIN?

Which was FULLY paid for, that is a fact