Post by
synectix on Nov 16, 2020 7:01pm
July 27 filing
Amendment:In the Company's July 20, 2020 press release in which it announced the results of its full-scale production run of Beyond Tobacco™ with Hempacco Co. Inc. ("Hempacco"), it was incorrectly stated that Hempacco has a second facility in western New York State. This error was the result of an internal miscommunication regarding facilities available to Taat in which the facilities of Redwood Reserves Ltd. ("Redwood") were being discussed to include Redwood's facility in western New York. To provide greater clarity to the public, Hempacco's only production facility is located in San Diego, CA, and Redwood has facilities in both Oregon and western New York state. As the Company recently entered into an agreement to acquire Redwood (as announced in its July 13, 2020 press release), Taat does stand to benefit from facilities on both the west and east coasts of the United States. This clarification is being given for the benefit of Taat's investors and prospective investors, as well as for the benefit of Hempacco.
Comment by
Albertaboy777 on Nov 16, 2020 7:56pm
Pretty sure in one of Setti's interviews he mention taat walked away from Redwood deal to put all resources into the launch
Comment by
Seedickcook on Nov 17, 2020 7:41am
Yes he did - more than once.
Comment by
synectix on Nov 17, 2020 8:05am
Thanks for the clarification.