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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 TheBigCheezeon Dec 02, 2020 1:23pm
211 Views
Post# 32018881

RE:RE:RE:My Top 10 Reasons To Invest in TAAT.

RE:RE:RE:My Top 10 Reasons To Invest in TAAT.
pystocker:  I agree with your points but I stared to feel uneasy when the "Launch Date - November 27" came and went with silence from the company.  All we got was "unofficial" rumours about a delay. It appeared that there was a delay but I was not happy with the lack of information after a long period that led us to believe that everything was fine with the launch.    What happened or didn't happen on schedule that caused the launch delay?  

The chart was already showing signs of coming problems for the SP when it was trading around $4.00 a few days before the launch date but I decided to wait until the launch date.  That trust in management appears to have been an error in judgement  on my part.  Now the chart is looking brutal and the signs of weakness are unmistakeable.  I sold some of my shares well above $3.00 and that was the right decision.  I will be able to rebuy them at a considerable discount.

I still expect the SP to rise again and I intend to rebuy those shares for less but my confidence in management has been shaken.  Fortunately, my shares are still well above break even but I am not happy with the lack of transparency here.


PS: I am in a grumpy mood today.  Not sure why after I had a nice 71% gain on BB shares yesterday.  As Hannibal Smith used to say,  "I love it when a plan comes together".
 


pystocker wrote: Things that I don't like:
1. they went too early on market while the product was in early phase as the company iteself. I can understand they needed to raise the capital and at the same to propagate their bussiness to potential investors

2. Advertizing. Contracting Rich TV, that smells like scam after each sentence Rich ever pronounce does not help. They should go to next superstock media or Agoracom.

3. The quality of the product is big unknown, and that's the most important thing. No independant reviews! I guess they are still spinning the product. 

 4) Malboro has been around for decades, as many other brands. I don't see TAAT beating their smoking experience as easy as they have described. 


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