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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

Post by synectixon Jun 29, 2022 6:56pm
264 Views
Post# 34792235

Nuggets

NuggetsAs at April 30, 2022, trade receivables of $1,160,643 (October 31, 2021 - $1,733,899) were due from one customer. During the period ended April 30, 2022, 31% of sales were to two customers (year ended October 31, 2021, 69% of sales were to one customer).

Gotta think a cash crunch is fast approaching...especially with the HLND deal..... 1.3 million cash

Check out the inventories....looks like they paid out 65k for promotional merch...

SALES HAVE GOT TO EXPLODE QUICKLY!

.....a lot less hopeful.....thankfully still on the sidelines.....it's hard to be upbeat today...

Good luck yall!








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