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 > Facts about TAAT

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Comment by ReaIInvestorIIon Aug 17, 2022 10:46am

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Post# 34901996

RE:RE:RE:Facts about TAAT

beenthere wrote: Never ending!!
Created yesterday!
What happen with the !!!!!! lol
Ignore!

Look at the facts. TAAT financials are in a mess and that all happened on the watch of and the decisions of Management of Setti, Joel, Joe and their Advisor Saxon.

Q1 revenues were $469K down 26% from the average quarterly revenues of last year but that doesn't tell us the whole story:

Why do you think the cash burn was eight times greater than revenues?
Why do you think the Trade Receivables were four times greater than revenues?
Can you explain why Accounts Receivables was carrying eight months worth of revenues?

Take your time. I don't expect you will know the answers for a long time.

For people who know how to read a statement, there is a lot more information in the Financial Statements that forecasts TAAT's future than just the revenue numbers. You need to go back to Pumper School to get educated on Financial Statement analysis and pumper techniques to avoid looking like a fool.