TAAT Global Alternatives Inc C.TAAT

Alternate Symbol(s): TOBAF

Healthcare Household & Personal Products

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

TAAT Global Alternatives Inc > Quick unscientific poll...simple yes or no...in your opinion

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Comment by ThreeHumpsCamelon Feb 09, 2022 6:52pm

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Post# 34414694

RE:RE:RE:Quick unscientific poll...simple yes or no...in your opinion

Thanks for sharing your thoughts and "guesses".

I agree with most of your comments except for your guesses on cashflows and profits.

Cashflow from operations was negative for 9 months and I'm guessing it will be much larger for Q4 making the annual number very large.

My "profit" guess is that TAAT won't be anywhere close to "significant profit" in the next two years. TAAT had a loss of $24.9 million on Revenues of $2.1 million for the 9 months ended July 31, 2021. I expect (guess) the losses and revenues to both be larger for the 12 months ended October 31, 2021 and the SP to pullback as a result but I'm guessing the pullback will be temporary.

The Year End Financial Statements will clear up a lot of the mystery of where TAAT is likely headed during the next couple of years.