It seems the bulk of the post assumes TAUG is somehow focused on the medical cannabis business, which it is not! The CBD gum adventure is a disaster! Want proof? Take a look at the balance sheet gum product inventory line, then compare it to sales. Rest assured, TAUG is destined to take another significant inventory write down.
CEO Seth Shaw has only sucked in one potentially significant distributor and said distributor has done nothing, other than buy an initial stock of product. TAUG appears to have already acknowledged that $100,000 of the initial stocking order is now bad debt. An educated guess suggests there are additional ugly financial disclosures to come! And how about Shaw's highly touted marketing arrangements, which have simply served to burn cash and delivered nothing to the shareholders! TAUG's product marketing is a joke!
Wouldn't it be a treat to see TAUG's official business plan? CEO Seth Shaw continues to throw crap at a wall, hoping something sticks! More importantly, he continues to be handsomely compensated for delivering one disaster after another! Yep! Ten years of bludgeoning the investors and smiling all the way to his bank.
News 
Market Data 
Discover 
