RE:RE:Questions for the call todayIIIIIIIIIIIIIIl wrote:
Please you are asking questions that they cant answer or will not.One look at SEDAR filings and I see a train wreck in slow motion.Once they cant raise money with dilution the train crashes like most of these startup specs
Agreed. Another excellent analysis.
Saxon joined TAAT as an advisor in November 2020 when they launched. His fingerprints are all over the failed management strategies....losses more than 8 times revenues, Trade Receivables more than 9 months of revenues, cash burn more than 8 times revenues.......
These are not the signs of a successful operation. At the current rate TAAT will need to raise more funds by September. When Saxons says TAAT is not in financial trouble he means....not in trouble YET. He is part of the problem that got TAAT into this financial mess. Time will tell but in my opinion, he is unlikely to be the solution.