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rawman

01/28/19 9:30 AM

#47496 RE: clearmont88 #47490

If someone wants to exclusively blame Shaw for that situation, then that's their prerogative.


And I will continue to do so!

With resect to 2012-2013 events, Shaw did not "bludgeon investors"


Considering the Pilus Energy fiasco, while setting aside all of CONSULTANT CEO Seth Shaw's other abject business failures, it is clear Shaw's boneheaded move cost the TAUG investors well in excess of a million dollars. A million dollars for a very small and struggling public company is by itself a shareholder "bludgeoning". What makes the huge loss particularly egregious is the FACT Shaw did not do or did not direct the scientific due diligence needed to determine Pilus Energy's long-term viability, i.e. its chance to succeed with its "bot" wastewater treatment process! It turns out the process was nothing more than hype and was destined to remain in the laboratory, probably forever! Even as of today, six years later, the process has NO COMMERCIAL application. Back in the fall of 2013, was CONSULTANT CEO Seth Shaw a business neophyte playing other people's money or plain lazy or just stupid or a combination of the three! Regardless, call it what you will, due to the million plus dollars, which was unceremoniously blown out TAUG's front door, Shaw's "believers" were clearly "bludgeoned", "trashed", "crushed" or whatever one chooses to call it!

And this is just the Pilus Energy story! How about the monies thrown at Bruce Harmon and GNIN, or the monies thrown at Constellation Diagnositics, or the monies thrown at Eishen's, or the monies thrown at ICE+Jam's lip goop, or the monies thrown at the Breathe JV or the monies thrown at Doc Green's/Honeywood, etc., etc., etc! I won't even list the very high risk equities that have shown a significant "realized" loss! But all the while, Shaw has been most happy to continue pocketing his cash and stock compensation! WITHOUT DOUBT, SETH SHAW WILL TAKE CARE OF SETH SHAW!

When CONSULTANT CEO Shaw took over in August 2012 there were 170 MILLION Outstanding shares. Today, the Outstanding share total has blown up by a factor of 25-fold, reaching a reverse split-adjusted 4.5 BILLION Outstanding shares. Shaw has been a "DILUTION MACHINE"! In August 2012 the TAUG share price was .20. Today, considering the 2018 reverse split, the share price is the equivalent of .0005, a 99+% loss in value!

CONTRARY TO THE CLAIM, THE TAUG SHAREHOLDERS HAVE IN FACT BEEN "BLUDGEONED"! The only parties making money for the past six years have been CEO, Director, and VP of Strategic Development, Seth Shaw himself, the other Directors and Officers, and Shaw's good pals, the toxic financiers!