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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

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Post by Lingcod on Nov 07, 2023 5:15pm

Facts are....

Taat went from 5.85 to 1.9 pennies post consolidation. Setti failed, having brought the stock from 5.85 to $1.21 in his short tenure. Having made millions for himself, taat shareholders lost millions. And what did he do next ? Bring in his friend Michael Saxon to take over who drove this price from $1.21 to 19 pennies.
Both so called executives raaapeed this company for millions in self profit while destroying every single shareholder, for their own self benefit. Setti is now on safe supply, whom follows the same pump and dump actions that taat had. 

Threre are no revenues or proifts. 121 million defecit , 15 million added shares, no money to pay current liabilites of 11 million last quarter, losses of over 10 million this year.

As you can see, there is no hope left for taat, its over. And even taat said in the lastest press release that they would issue shares to pay for debts. Trouble is no company will subscribe with taat to accept shares for debts, having the share price decrease 70% since post consolidation, taat bankrupcy, adco losing money etc...

This is quite simply a scamm. The shareholders will find that out soon enough and lose all.
Taat would have to issue 50 million shares just to pay current liabilities last quarter !

Nothing left with taat, a broken and bankrupt company. No sales with taat cigs.
Even joe d., of taat mgmt said only $276,000 in taat sales for 2024. And ceo saxon paid himself 
and the boys 1.1 million last quarter in salaries, not including stock options and consulting fees.

You have been had, but will you continue to be had ?
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