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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 Planetoflimeson Sep 26, 2021 12:16am
124 Views
Post# 33920247

RE:RE:RE:RE:RE:RE:Price Diving?

RE:RE:RE:RE:RE:RE:Price Diving?Kinda weird, wendy you say one thing then all of a sudden you state you bought and are up 8k. What about all of the questions that made you "sell".
Wendy123 wrote: BTW, as part of full disclosure, I am down to 1,000 shares held as I have sold 49K this week, finishing all trades yesterday.

My opinion is that we will drift down to USD $2.60 to $2.75 range by early Oct.  That's my bet, if I'm wrong so be it - average sold price was $3.52 over the past week.

Why did I sell?  Here's a couple of reasons:

1)  I feel that we may see some share dilution needed for cash inflow to maintain cash balances
2)  I'm betting sales revenue for Q3 could be weak, which will result in panic selling
3)  Financial analysis, not TA, of current burn rate of cash can prove scary to the market
4)  Email blast with new blend pictutres are digitally enhanced (as stated in the email blast), so we are not seeing finsihed product, just someone's airbrushed dream.  Confirmation of actual blend would be nice.
5) I don't see 100 mil rev in 2023 as promised by Setti.  I would think it might be $50 mil or so, unless we see 3rd party manufacturing occurring

Just my 2 cents as usual, I'm open and honest about my holdings,

Wendy


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