Well done! A common sense post that captures the reality of TAUG's situation!
Two and half years of chasing the pot o' gold at the end of the rainbow has cost the TAUG shareholders "real" money and probably several lost opportunities!
Seth Shaw's lottery ticket has "handcuffed" the company, as TAUG cannot pursue any new legitimate business ventures, as this would further support the notion that TAUG was not really "debilitated" by the Cowan independence error!
The Cowan valuation experts captured this situation is spades! TAUG was worth NOTHING NADA ZERO in July 2015, so, given the complete absence of any business activity, how can it be worth "millions" today?
Yep! Just plain old common sense!