RE:RE:ADCO was the first part of Mike Saxons Plan, have a listen$$Frogzilla wrote:
16:22 NONSMOKEABLE PRODUCT?????? Is SNUS hemp pouches the new product he referenced?????
29:35 to 30:20 TAAT is looking to acquire another distributor, so don't be surprised to see another transaction involving a chunk of TAAT stock!! I want to know, when Joel says" A BIG BIG Market", is he refering to the tobacco market in general, or is he describing the market this potential distributor serves, LA, Dallas$$$$
33:09 But we recognize the highest margin business and lowest hanging fruit is online sales$$ I agree, pure profit, no distributor, wholesaler, or retailer to split profits with,AND TAAT captures the data for future in home promotions$$
34:30 Will TAAT expand to Amazon??? I don't think Ebay sells tobbaco or hemp cigarettes, other then collectables??
Sounds like Mike Saxon's contract with TAAT is heavily weighted with TAAT stock, so its in his best interest to increase the stock price, also if TAAT does buy another distributor, it would be nice to see a higher valuation for TAAT!!
Ribbit
As has been posted here before: It's all about the money. Follow the money. That is what brought Saxon here and that's what brought me back here to buy TAAT shares again when the SP drops to my target. Make no mistake that Saxon plans to make a lot of money for himself personally. Retail investor profits will just be colateral benefits for retail shareholders and not his primary focus as CEO.
As Kenny said:
"If you're gonna play the game, boy
You gotta learn to play it right
You've got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run."
Experience teaches you how to play the game without being eaten.
The lessons are expensive but well worth the price.
Traders took the lessons. They have the experience. They know how to read the chart. Most players including the pumpers don't even know there's a game going on and that is why they are often big losers. Sad but true.