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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 TheBigCheezeon Dec 04, 2020 12:30am
200 Views
Post# 32034995

RE:RE:RE:Good news from Setti and back in again!

RE:RE:RE:Good news from Setti and back in again!
amillionorbust wrote:

Agreed. Very misleading and I'm still not convinced there wasn't a hiccup in the process they're not sharing. I still don't understand why they would not produce a short video proving they're at point-of-sale at some locations already. If trucks were rolling on nov 27 there is nowhere in North America they couldn't have reached by now.  I was a big supporter of this management group until now. I have to question their decision making abilities going forward. I still hold around 60k shares but I must admit I've been a seller since the fumbled 'nov 27 launch' (or lack thereof). I also  don't like the lack of transparency since. It's disrespectful towards shareholders.



amillionorbust:  Thanks for your comments.  I feel much the same as you about management's decision making after what I now call the launch date fiasco.  I am starting to think Setti knows a lot about cigarette marketing but he doesn't appear to know much about how retail small CAP investors think and invest in spec stocks. 

I bought 26K at various times starting in July at $0.83.  I sold some at various times when TAAT looked oversold but I usually rebought after the shares pulled back but this time is different.  I sold 20% of my TAAT shares this week after the non-launch date.   My confidence in management took a hit for sure. I had other concerns over the past several weeks but I just chocked them up to my usual skepticism ahout any startup I invest in. I'll be more cautious with TAAT for a while.  Time will tell.

Investors were definitely led to believe that November 27 was a significant date and now we find out that November 27 was just part of a launch process and we don't even know how far along we are in that process.    Management originally said 4th QTR  launch.  It was a mistake to later give a specific launch date of November 27. 

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