Frogzilla wrote:
TAAT's CEO Setti Coscarella speaks today at 1:25 - 1:45 EST, register here free to listen!!
https://nai500.com/events/gcff-2021-investing-in-innovation/
Very interesting news release regarding consumer research study.
I've posted several times Pennsylvania & Michigan will be the next states for expansion. Setti has mentioned Penn many times and it has an above average menthol usage rate. Michigan borders Canada and this would help seed the Canadian market! This research study cements my belief that these states will be next!!!
What I found most interesting and informative was the inclusion of Illinois at $87.99 a carton, and the overwhelming interest in the ability to purchase TAAT ONLINE$$$
TAAT captures more of the profits when selling online and will collect and use your information for future promotions, like subscription based scheduled cigarette delivery$$
The inclusion of ILLINOIS in this study suggests TAAT will be expanding there soon!! Now the company has said they make a very healthy profit at $38.99 a carton in Ohio, and I for one believe them!!!
TAAT's costs to produce a carton of cigarettes is FIXED, and only the overall price of the hemp biomass is really the exception.
So lets say TAAT profits ONLY $10 dollars on a carton in OHIO and that's on the low side!! This means TAAT will profit $59 dollars on a carton in ILLINOIS$$$$$$$$$$$
Instead of counterfeiting money, TAAT's counterfeiting cigarettes and the profit margins are very similar, HUGE$$$$
Given Setti is addressing investors today, I expect he'll add some color on USA & Canadian expansion efforts!!!
This stock is going higher, strong insider ownership, 95 million outstanding shares, first mover advantage, how many boxes need to be checked$$$$$$$$
Ribbit