Because I Have Too Much Time On My HandsSomeplace on the Planet, Some Date in the Future (Fake News and Wishful Thinking Media Corp) -- A Company Like TAAT LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) (the “Company” or “TAAT”) is pleased to announce that its in-house production of the Beyond Tobacco™ base material for TAAT, its flagship product which launched in Ohio a very short while ago, can now be produced at a rate of approximately 6000 lb / 2720 kg per day, a quantity sufficient to produce approximately one full 14,400-carton pallet of TAAT. As stated by an important person in the Company, “We recognized that the production capacity pretty much sucked and we needed to ramp it up.” Having already reached 50% of its in-house production capacity for Beyond Tobacco™ even before launching TAAT, the Company ordered and installed upgraded machinery to accommodate forecasted increases in demand that would follow the debut of TAAT. Besides interest in TAAT from tobacco wholesalers and retailers in Ohio, nearly all of the remaining distributors and retailers across all states in the continental USA have requested TAAT product in quantities that will absorb the entire production capacity of the newly upgraded facility. Since TAAT’s Ohio launch in the last quarter of 2020 quarter, the Company’s Las Vegas, NV processing facility has been in operation for 16 hours per day every day including weekends to prepare a sufficient supply of Beyond Tobacco™ to meet this new demand.
For the latecomers to the TAAT story, the Company has developed Beyond Tobacco™ to taste, smell, and burn similarly to tobacco, despite containing no tobacco or nicotine. Beyond Tobacco™ is the base material of TAAT, an alternative to traditional cigarettes offered in a cigarette-style format in Original, Smooth, and Menthol varieties. Under executive leadership with “Big Tobacco” pedigree, the Company had chosen the state of Ohio as the launch market for TAAT in the United States, where an initial supply of TAAT intended for sale at retail arrived in Ohio late in Q4 2020 and sold out in less than 24 hours.
A photo accompanying this announcement is not available anywhere that we know of.
https://www.none.whatever Readers using news aggregation services may be unable to view the media above because it’s Fake News that we are not presently sharing with other media outlets. Also, please don’t access the Investor Relations section of the Company’s website because it's highly unlikely that you will find this there, either. The Company is also pleased to re-release an informational video statement made by its Chief of Everything, in which he details the weaknesses of mainstream products positioned as alternatives to tobacco cigarettes, and explains how TAAT has been developed to address such weaknesses. Based on positive feedback from investors and the general public regarding TAAT’s proprietary patented and trademarked product lineup, the Company intends to continue releasing informational videos from its management team and advisory board, as material information becomes available.
Speaking of which, TAAT is also pleased to confirm that its previously unannounced Venture Capital funding in the amount of CAD $6,750,000,000 (the “Money”) is now securely held in escrow and the Company can confirm the receipt of those proceeds. The Money is being provided by a group of investors (the “Group”) who have that kind of money. You will know who they are if you scan the far-reaching horizons of the financial and venture capital markets. The Money is intended to help bolster the Company’s next-stage performance as it prepares to launch TAAT, a tobacco-free and nicotine-free combustible analogue to cigarettes, in the remaining States as production ramps up, and also beyond the continental USA as the Money is efficiently allocated in the expansion of operations at a global scale.
A photo accompanying this announcement is unavailable anywhere that we know of.
https://
www.none.whatever TAAT share price has rocketed through the roof on this news and is now at a price point that will make early investors cream their jeans and will make all naysayers wish they had climbed on board the TAAT bullet train before it left the station.
Disclaimer; I own TAAT shares, I wish I owned more, I’m not selling any shares at this time, this Fake News is really fake, not kidding, I obviously know nothing so do your own DD.