WHO CARES! THIS IS THE TAUG IHUB FORUM AND HAS NOTHING TO DO WITH ROII!
WHERE IS CONSULTANT CEO SETH SHAW's PROMISED FILING OF HIS INDEPENDENT CONSULTING AGREEMENT, WHICH WOULD PROVIDE THE DETAILS OF SHAW's COMPENSATION PLAN? WHAT ARE SHAW AND THE TAUG BOARD OF DIRECTORS HIDING?
HERE IS A RATHER ELEMENTARY INVESTOR QUESTION! HOW MUCH TAUG SHAREHOLDER MONEY HAS SHAW POCKETED SINCE REGAINING THE CONSULTANT CEO THRONE IN MID-2015?
BTW...BEFORE POSTING A LINK, IT IS USUALLY BEST TO READ THE CONTENTS! Here is a copied footnote from the linked EDGAR Filing!
Also BTW...on March 30, 2016, the day SHAW PAID HIMSELF, the 37,000,000 SHARES were valued at $166,500.00! What an INCREDIBLE RIP-OFF of the TAUG shareholders were the 37mm shares actually issued to cover $24,714.86 in accrued expenses! EITHER OPTION...PAY OR EXPENSE REIMBURSEMENT IS COMPLETE BS!
DO THE MATH ON THAT CLAIM.... 24,714.86/37,000,000 = .000668/share
WoW! WHAT A DEAL!!! Who ELSE have the TAUG shareholders been giving shares to @ .000668/share? Oh...wait...never mind.... weren't most of the financing "deals" he made give aways???
HERE IS WHAT IT REALLY SAYS!!! "1. The Reporting Person received these shares from the Registrant in consideration of the Reporting Person's service as its Chief Executive Officer and as Chairman of the Board of Directorsas well as for expense reimbursement for which the Reporting Person has advanced the Registrant in the amount of $24,714.86."
Let me parse that out for you... So it was "consideration" for his "service"... in other words...PAYMENT FOR. "AS WELL AS FOR"... which means ALSO.