TAAT Global Alternatives Inc C.TAAT

Alternate Symbol(s): TOBAF

Healthcare Household & Personal Products

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

TAAT Global Alternatives Inc

Bullboard Posts

Post by BombVarkon Apr 10, 2014 7:49pm

337 Views

Post# 22437617

Tower claims they paid TPN $8 million

Straight from the buyer's lips and making TPN management look bad.

https://af.reuters.com/article/commoditiesNews/idAFL6N0N11GR20140409

Premier paid 29.5 million for 55% which implies a value of 53.6 million. 15% of 53.6 million is roughly 8 million. 1) Tower bought in after the large increase in unrisked prospective resources. 2)Tower has to be including the million dollars that would be paid upon drilling a second well, that should be discounted heavily. Tower also seems to be valuing their stock at a higher price than it is trading now.
3) But Birley still claims : The farm out to Tower is being completed at a favorable premium to the farm down to Premier announced in December

What premium is he talking about?

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario