RE:RE:TAAT now @ levels when we had NO PRODUCTION Relax already.
The company posted pics of pallets ready for shipment.
The date of rollout, plus or minus a couple days is almost immaterial to where this one is going. Let me remind you of a few things and read between the lines:
1) They already have begun the process for equipment procurement, installation and production planning to quadruple the amount of packs that can be produced in 24 hours. That is 4 times current production.
This all before one pack has been sold - all based upon sampling, market feedback and from the experience Setti and the hotshots he has surrounded himself with have determined is the prudent course of action.
2) Asian investment. In Asia it's about connections, money, influence.
Keep in mind as well the population of China / Asia dwarfs that of the US.
About 25% of population in China smokes vs. 17% in the US.
When you hear of expansion to Asia - and you will, it's time to double down on Taat.
3) The experience of the mgmt. team is top shelf. The pedigree of Setti and others he has carefully surrounded himself with will take this company to many levels of success.
Think beyond just Ohio to the rest of the US, international to Asia and in Europe where smoking is a national past time.
"....The global tobacco market size was is expected to reach USD 878.35 billion in 2020 & is expected to grow at a compound annual growth rate of 3.1% from 2020 to 2027 to reach USD 1,083.16 billion by 2027."
Read the above paragraph on projections a couple more times or at least until it sinks in your brain.
The cigarette market is projected to be over 1 TRILLION dollars in a few short years.
Some posters are worried about the initial rollout date or fluctuations in a share price of a start up company? Seriously ??