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.

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TAAT Global Alternatives Inc > Receivables Note 5

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Comment by ReaIInvestorIIon Apr 02, 2022 12:51am

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Post# 34569541

RE:Receivables Note 5

synectix wrote: Indicates to me that they are either extremely slow or having trouble collecting...

RECEIVABLES
January 31, 2022 $1,962,551

October 31, 2021 $1,859,748

In 2021 the problem was that they were giving very generous payment terms to purchasers plus they were giving a lot of product away cheap or free. I suspect some of the AR will carried on the books for a long time and then eventually be written down or off. It is easy to build revenues when the customers don't have to pay full price for the products.

This company is one giant RED Flag warning sign.

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