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loanranger

02/19/18 10:22 AM

#44668 RE: clearmont88 #44666

Rule 144 doesn't provide an exception to issuers who whine...even if they have reason to. It still requires an identified actual business plan and more than nominal operations.

Ask the CEO. He knows.

skidoo31

02/19/18 10:32 AM

#44670 RE: clearmont88 #44666

Oh yes, let's not forget !!! Folks will be gullible, and of course, soak up the bullshit ,,, right??

rawman

02/20/18 8:26 AM

#44695 RE: clearmont88 #44666

Looks like a Company that had been fighting litigation for 2 1/2 years up until November 2017


Of course the poster fails to mention that compensated CONSULTANT CEO Seth Shaw essentially sat on his butt for 2 1/2 years, espousing "damages in excess of $4 million", while the lawyers and accountants pursued a legal action that further devastated the TAUG shareholders with BILLIONS of shares worth of dilution!

Yes, Shaw negotiated a mountain of convertible toxic financing with his good buddies, the "so-called institutional investors"! These high-level negotiations probably were accomplished in minutes or hours, then the attorneys did the rest! How many business hours are in 2 1/2 years? Certainly, over 90% of these business hours were frittered away, doing nothing!

And what was the NET outcome to the TAUG investors for 2 1/2 years of screwing around with wrong venues and late court filings? The NET GAIN, after factoring in massive shareholder dilution and the direct cost of pursuing Cowan, turned out to be much less than a half million dollars! But rest assured, CONSULTANT CEO Seth Shaw intentionally saved himself the humiliation of being cross-examined by the opposition's attorneys!