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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. > Since ceo saxon took over last june....
View:
Post by Lingcod on Sep 13, 2023 4:13pm

Since ceo saxon took over last june....

Stock has been decimated from $1.21 to 9 cents.
Countless failed business deals, like gamma.
Bankrupcy in usa.

118 million defecit, 6.2 million loss in first 6 months.
No money to fund operations, 7.7 million due now in current liablities, 
due in 3.5 months, and 2 months ago taat only had $476,000 cash.

So you can see, taat on verge of bankrupcy, and they even changed auditors 3x
in the last year. Huge red flags. 

And all the auditors said taat will go bankrupt unless they find current and long term money.
How they gonna do that ? Taat owns ADCO, and ADCO is 95% of taats business and only has a 
5% gross margin !

And Joe D. said that in 2024 taat would only do $276,000 in business. And you have 115 million shares outstanding, and taat blew 10 million last year on promotions, and left itself with no money.

And to top it off, taat led investors to believe they owned Jayvees. They do not. It is owned by a private company in Nevada which is employee owned.

Taat will go to 5 cents once the financials come out, and I predict a loss of 4.25 million
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