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rawman

01/25/18 10:37 AM

#44050 RE: clearmont88 #44036

Actually last time I checked Seth put $300,000 of his own money (through $0.00125 private placement) to make sure the Company had a chance to obtain a more fair Settlement. Is there a reason, why your posts omit this fact?


Probably the same reason Seth Shaw rips former CEO, Stella Sung, despite the fact she invested at least $180,000 of her money, via a private placement, into to TAUG in the fall of 2014. It appears "important" when Shaw does it, but it means nothing if it is anyone other than Seth Shaw! Hmmm...it kinda says something about the PAID CONSULTANT CEO SETH SHAW's PERSONA, i.e. ME, ME, ME!

BTW...I did read the MULTIPLE Press Releases from December 27, 2016. Recall there were two, because Seth Shaw "forgot" the negotiated terms of the deal with Barkeloo, and mis-reported the agreement! The net of the Barkeloo "give-back" approximated $25,000, not 80% of $2 million as was being implied!

Here's the bottom line! Seth Shaw is apparently scrambling to cover his butt, while the TAUG Balance Sheet says it all! TAUG acquired Pilus Energy for $2 million. The $2 million acquisition was added to the Balance Sheet; however, the asset was completely written down to ZERO...NADA...NOTHING only two months after Seth Shaw finalized the acquisition! Who footed the bill? That would be the TAUG investors! For a very clear picture of the situation, might I suggest Seth Shaw review the Cowan valuation expert's report related to the Pilus acquisition's crushing of the TAUG shareholders! And BTW...the expert's report seems to say that Mr. Shaw may not have been entirely truthful, when expounding upon the definitive financial situation, as it related to the Pilus testing and commercialization!