Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

CSE:TAAT - Post Discussion

Taat Lifestyle & Wellness Ltd. > 2 million dollars of TAAT inventory
View:
Post by IIIIIIIIIIIIIIl on Jul 01, 2022 11:10pm

2 million dollars of TAAT inventory

Say no more it aint selling.The last quarter reported this year was lower than same quarter first year .The 6 month year to year comparison does show some improvement this year over last..End of day they spent over 4 million in erxpenses mostly front office to make a 237 profit on the sales of about 600k of TAAT..This is 200k a month about 800 dollars gross sales per month per location........Per store you are talking about 30 bucks a day in sales or couple packs of TAATs.....Most stores will not carry a product with such low sales points......
Comment by Smarterlnvestor on Jul 02, 2022 12:04am
1) TAAT Net cash used in operating activities was 13 times greater than Revenues in Q2 2) TAAT sales are slow AND Trade Receivables is at nine months worth of revenues in Q2.  That tells us customers are not paying for their products in a timely manner.  So TAAT is not being paid on time and retail customers aren't buying as much as we were led to believe.  We was misled.. 3 ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities