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Taat Lifestyle & Wellness Ltd. C.TAAT

Alternate Symbol(s):  TOBAF

Taat is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in "Original", "Smooth", and "Menthol" varieties. Taat's base material is Beyond Tobacco™, a proprietary blend which undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with "Big Tobacco" pedigree, Taat is launching in the United States in Q4 2020 as the Company seeks to position itself in the $814 billion global tobacco industry.


CSE:TAAT - Post by User

Comment by amillionorbuston Sep 27, 2020 7:02pm
281 Views
Post# 31627162

RE:5 billion market cap - its a long road but can happen

RE:5 billion market cap - its a long road but can happen

I could be wrong here but didn't Juul go from ipo to $40 billion in just 3 years? Maybe your definition of 'long road' is different from mine. I think a $5 billion market cap is conservative. My guess is we blast right past $5billion right around this time next year as this business is so scalable it's ridiculous. I poll every one of my friends that smoke about this company. Not one said they wouldn't try it. Most can barely wait. This is closer to a 50 bagger than it is to a 10 bagger. Back up the truck folks. It's so obvious. When it gets close to $50 a share people will ask themselves why they didn't sell all their dud stocks and buy when it was $2. Good luck to all. Go TAAT!!!


venturetrader11 wrote: For such a market cap this company has to have at least 500 million in revenue in my opinion This is not a tech company to be valued at 50x revenue....so let that sink in. 10x revenue is what my prediction is hence 500 mil revenue is an ideal number.

At 3$ profit per pack, they need to scale up 1000 fold from current run rate of 3.2 tonnes of material, which is equal to 3555 tonnes of material. Which also means multiple manufacturing facilities.

It is a long road to reach that level, but definitely possible.


 

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