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Rocketstockpix

04/12/19 11:43 AM

#47969 RE: clearmont88 #47967

true that

StoptheInsanity9

04/12/19 12:25 PM

#47971 RE: clearmont88 #47967

DOWN 99 percent in that time. Don't point out the blip from the bottom after a 99 percent decline in 6 years!!!

Better yet where is the stock from 2015? Not much better!

So if you are a long term shareholder you are stuck big time!!! No blip going to make that up!

And in the end, I am pretty sure history will repeat itself.

rawman

04/14/19 6:44 PM

#47982 RE: clearmont88 #47967

Plaintiff Settlement exceeding $2,000,000 cash component.


How quickly we forget!!! Notice there was no mention of the cost of chasing the touted $2,050,000. Factoring in two years worth of expenses, including Shaw's $250,000+ in CEO fees, the accountants' consultations, two different law firms, and a pile of debilitating convertible debt, THE ACTUAL NET GAIN TO TAUG INVESTORS WAS CERTAINLY LESS THAT $500,000, PROBABLY CLOSER TO $300,000.

In contrast to TAUG's bludgeoned shareholders, CONSULTANT CEO Seth Shaw continued to pocket his ten grand a month in pay, then, with the approval of TAUG's less than independent Board of Directors, collected a $55,000 cash bonus at the end of 2017. Shaw personally banked over $300,000, while pursuing Cowan, plus Shaw also received a bonus award of 37.5 million TAUG shares on March 30, 2016, only six months into the Cowan chase!

THE ONLY PARTIES THAT MADE MONEY BY CHASING COWAN FOR OVER TWO YEARS WERE CONSULTANT CEO SETH SHAW, THE TAUG CONSULTANTS, THE ACCOUNTANTS, THE ATTORNEYS, AND SHAW'S BUDDIES, THE TOXIC LENDERS. SHAW HIMSELF POCKETED A HEALTHY PILE OF CASH, i.e. OVER $300,000! FOR DOING WHAT? WATCHING THE ATTORNEYS, WHO SCREWED AROUND WITH THE WRONG VENUE FOR A YEAR, THE BRILLIANT CONSULTANTS, WHOSE DEPOSITIONS WERE LAUGHABLE, THE ACCOUNTANTS, AND THE TOXIC LENDERS, WHO WERE CONVERTING LOANS TO COMMON SHARES AT 50 CENTS ON THE DOLLAR. TAUG HAS OBVIOUSLY NEVER BASED SHAW'S COMPENSATION ON ACTUAL PERFORMANCE! IF SHAW WERE TO ACTUALLY BE HELD "ACCOUNTABLE", HE WOULD OWE THE TAUG SHAREHOLDERS MONEY!