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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

Comment by GumShoeManon Oct 01, 2022 12:29am
122 Views
Post# 34999023

RE:When the legend gives advice

RE:When the legend gives advice
DarylTheFrog wrote: On stock targets.Smart people listen.If only you listened Froggy you would be a lot more richer.Then again you are paid to promote maybe dont even own stock......Your job must be on the line.Every day your posting of lies causes this one to drop.......TAAT needs money quickly as its losing it  hand over fist..HLND aquisition just increased cash burn not contributing to real cash flow..The RUSE only fooled the dummies like poolman twattingham and Torcan..Everyone else got out it appears........Cheers mates Daryl says hi


Hi Daryl.  Great post by another seasoned investing expert like you is always welcome here to educate the less experienced investors and the pumpers. 

I'm one of the investors who listened.  I bought TAAT shares near the $0.93 bottom on August 29 on my last TAAT swing trade.  I sold shares at average $1.19 for a profit before September 21 when the Q3 numbers were released and the bad news we all expected drove TAAT to new lows.  The chart was already hinting bad news was coming well before it arrived with Q3 so investors shouldn't have been surptised unless you are one of the pumpers.

If Froggy knew how to read the chart and if he took Legend's advice he would have avoided a 37.8% loss so far like I did.  It's not always about what stocks you own,  Sometimes it's about which stocks you don't own anymore that could have hurt you.

At the end of July TAAT had cash ending of only $2,625,816 and their cash burn rate was $2.9 million/month in Q3.  We are now two months past the end of Q3.  I'm just guessing the cash ending account is a tad overdrawn and TAAT needs to raise operating funds immediately.

In my opinion, the HLND purchase was a strategic mistake that will put more stress on TAAT's ability to survive as a going concern.  Time will tell. 






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