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rawman

02/15/18 10:09 AM

#44553 RE: Johnny_C #44541

The key is to get into one of these companies in the beginning when they need a little cash.


Does TAUG's PAID CONSULTANT ever review the Company's financials?

TAUG IS RUNNING OUT OF CASH! The company started with $2mm on November 29, 2017 and, as of now, probably holds less than $500,000, with $300,000 of this supposedly destined to be transferred to the blockchain subsidiary! Oh...and then there's the laughable $150,000 share buyback!

This cash shortage was specifically addressed in the 10-Q! Very specifically the report expressly stated that the Company is going to be completely reliant on outside sources for additional cash. Of course the chosen source would be the less dilutive private equity placements, but that is going to be an extremely difficult thing to for CONSULTANT CEO Seth Shaw to sell! IMO...there is a far better chance that the debt payoffs will cease and TAUG will once again be in the market for more death spiral toxic financing! We shall see!