After Stella Sung's glorious 17 month reign as CEO
On the contrary Dr. Stella Sung did her best, given very difficult circumstances, i.e. no money, trying to bailout TAUG following CEO Seth Shaw's boneheaded acquisition of Pilus Energy! The $2+ million acquisition was finalized in January, Seth Shaw "walked" in February, and Pilus was completely written off by the end of March! Great job by the completely inept CEO, Seth Shaw! Pilus was supposed to be a pot o' gold, but even a little technical DD would have shown the process was never going to be commercially feasible! Yes indeed, the whole Pilus debacle, from acquisition to zero value, took just over 2 months from beginning to end!
And BTW...who was Dr. Stella Sung's benefactor? Who brought Dr. Sung into the company? Who recommended her for the CEO position when Seth Shaw chose to "walk"? Hmmm....and (drum roll) the answer to all three questions is "Seth Shaw"! Was Sung's appointment to the CEO position another one of Shaw's "due diligence" screw-ups? LOL! Sure why not...let's blame Stella!
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