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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. > Liquidity in this stock is not good.
View:
Post by Lingcod on Sep 07, 2023 12:59pm

Liquidity in this stock is not good.

4500 shares traded in 3.5 hours or $517.50 worth of stock.
No one will pay the ask price, buyers are in control, and the stock
has now lost 50% since June, and 99% from 2 years ago at $5.85

Quite simply, taat spent over 10 million last year on senseless promotions
that did not work, left themselves last quartere with 476,000 dollars and 
7.7 million in debt that has to be paid off in 3.75 months.

Liquidity not good because no one wants to buy the stock, and this bad
liquidity and trading is almost every day, fact !
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