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

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Post by malinrobon Mar 01, 2019 3:16pm

224 Views

Post# 29430538

The Latest from Joel

From: Joel Dumaresq

Sent: Friday, March 1, 2019 4:02 PM

To: Robert zzz

Subject: Re: Year End

Robert,

No, not at all.

The auditors simply required us to write down our Hutchinson County assets (the old ‘re-works’). We continue to retain 25% of Ponderosa’s production, but as a result of the legal matter, the auditors felt the appropriate approach was to write the value down.

The Red Cave on the other hand, we don’t presently own the acreage (that’s the money we’ve been searching for) and thus it’s not carried upon our books with the exception of the two Thompson leases upon which we spudded the Thompson 23-1R well.

The Red Cave remains a viable opportunity, however we felt it necessary to make it clear that we are also reviewing other opportunities in event we are unable to secure Red Cave funding in this environment.

Joel

From: Robert ZZZ<robert.zzz@nextra.sk>
Date: Friday, March 1, 2019 at 12:32 AM
To: Joel Dumaresq <joel@molorienergy.com>
Subject: Re: Game over?

Hello Joel,

Based on following info from Sedar, does it mean the Red Cave project being dead?

During the fourth quarter of 2018, Molori suspended substantially all production operations as a result of extreme volatility within the commodity markets, regional supply and demand. At this time, we do not anticipate any immediate exploration or operating activity. This curtailment of the development of our properties has led to a decline in our production and reserves. The Board of Directors and management are evaluating potential opportunities, including those outside of the oil and gas industry. As such, the results of the oil and gas operation has been recorded as discontinued operations.

Thanks,

Regards,

Robert

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