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TAAT Global Alternatives Inc C.TAAT

Alternate Symbol(s):  TOBAF

TAAT Global Alternatives Inc. is a vertically integrated consumer product and distribution company. The Company develops, manufactures, and distributes alternative product categories, such as tobacco and reduced-risk alternatives, hemp, kratom, and other emerging consumer packaged goods (CPG) segments. The Company operates through two segments: the sale of non-tobacco and tobacco products. The Company is developing nicotine-free and tobacco-free alternatives to traditional cigarettes. The Company utilizes a proprietary, patent-pending process (including a patent-pending refinement technique) with a blend of all-natural ingredients to provide smokers aged above 21 with an alternative to traditional cigarettes that do not contain nicotine or tobacco. The Company has facilities to include a processing plant in Nevada as well as a distribution center in Canton, Ohio, leveraging existing retail shelf space and pipelines into national wholesale channels.


CSE:TAAT - Post by User

Comment by BombVarkon Oct 23, 2013 10:45am
222 Views
Post# 21840733

RE:RE:CONFERENCE CALL RESULTS

RE:RE:CONFERENCE CALL RESULTS
1) Expects farm out to be finalized in one or two months. Birley said it will take a further nine months to properly plan a drill hole. Hence, no drilling on Block 2B for at LEAST ten months.

2) Will need cash to settle the Block 1 dispute. If case you didn't know about this dispute it has been in the filings as Birley noted. Little mention on this board or on the site.Talking about awkward subjects, too bad Skier didn't get to congratulate Birley on his salary.

3) Claims they are working with the 12 cent warrant holders to exercise ASAP. Didn't say there has been millions of warrants exercised in the past week. On an unrelated note, Birley didn't explain why the farm out was signed the 3rd and the stock halted the 11th.

4) Not bad as conference calls go. Was a little surprised at the lack of questions. How many institutions were attending??
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