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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. > Whats coming for shareholders of taat
View:
Post by Lingcod on Sep 29, 2023 2:34pm

Whats coming for shareholders of taat

Taat has 7.7 million in current liablities so far, may be more after financials. So lets look at the best case, 10 to 1 split is 60 pennies per share. They would need to issue 12.83 millon shares after the consolidation just to pay their current liablities due by end of Dec 2023

That does not include other debts. Shareholders will get wiped out again, and taat stock will fall.

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