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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

Post by Lingcodon Oct 12, 2023 4:41pm
73 Views
Post# 35681279

Some facts.

Some facts.Taat has now pre consolidation a week ago, has its shares now at 3.9 pennies a share.
That is down from $5.85 a share 2 years ago.
11 million in current liabilites due in 3 months, and last quarter taat' earnings were a loss
of 5.5 million.
q1, loss 3 million, q2 loss 3.2 million, q3 loss 5.5 million
Q2 current liabilites of 7.7 million, q3 current liabilities of 11 million.

As you can see, since consolidation, taat has lost over 33.33% of its share price value.
Debts have skyrocketed. Taats financials say taat has no or little money.

3 auditors in the last year say taat WILL go bankrupt without short or long term money.
Taat stated they were consolidating shares to pay their debts, however stock has lost 
33.33% of its value since then, putting huge pressure on how to pay debts.

As it was noted, taat would have to issue over 28 million shares just to pay their current debts !!

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