Condition critical?How is it that a company with anticipated revenues of 87 million in 2021 according to May 20 ADCO aquisition PR...
"The acquisition of ADCO can also fortify our financial position as ADCO will continue distributing its standard convenience product lines, which collectively generated over CAD $87 million in net revenues in calendar 2021".
now requires a 100,000 loan in Dec and a follow up loan of 130,000 in Jan? Revenues falling far short of 92 million? Lines of credit maxed out? Remember the last quarter financials(17.4 million...annualized 70 million.... where revenues were lumped together making it impossible to know TAAT product sales? Remember this statement from the new CEO on July 19
TAAT® Chief Executive Officer Michael Saxon commented, “I consider it essential for shareholders to have access to open and transparent communication with management and our first event of 2022 earlier this month was just the start. Today’s announcement builds on my promise made during that call to provide updates on a quarterly basis.
All I can say is......see above...