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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 KrakenFartz4Uon Aug 11, 2021 10:16am
144 Views
Post# 33684378

RE:RE:RE:RE:RE:Be ready for more games 🎮

RE:RE:RE:RE:RE:Be ready for more games 🎮
ATP300 wrote: See those red dots multiplying. I predict they will be all over the US in its due time. Looks like it's being accepted quite well. Doesn't look remotely like long term pain. 


Time will tell.  You jump to conclusions before you know all the facts.   Red dots are nice but the only thing that shows "it's being accepted quite well" is the number of smoker customers that bought TAAT cigarettes, how many packs they bought and the net revenues that went to TAAT. 

How well that number is growing over the long term will prove if my prediction is right or wrong.  TAAT is still in the "short term" phase so we need to wait to determine customer acceptance in the long term.  You are making the same mistake Frogzilla made when he confused short term versus long term.

The number of packs bought by convenience stores for inventory _indicated by red dots _ is interesting but they don't tell us the information we need to know how well the cigarettes are being accepted.

1) How many pack have been sold to customers and what was the net revenues to TAAT . 
2) The red dots only tell us how many stores have agreed to carry TAAT in their inventory.  That doesn't tell us how many packs were sold to customers.
3) We don't know the NET revenues to TAAT.  Does TAAT provide a "floor plan" or do the stores pay TAAT in full for every pack for their inventory whether or not it is sold to a customer.
4) We will know a lot more when the 3rd QTR financials are released probably on September 30.
5) You are ignoring pushback from BT which is inevitable and likely to have a negative impact on TAAT's business in a big way.   You can be sure BT has a plan and the products to mount a response already in place.
6) It is way too soon to conclude long term customer acceptance and thus TAAT long term success.

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