Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 IsThatYouDarylon Oct 30, 2022 7:01pm
98 Views
Post# 35058837

Latest fins are a GRIM warning

Latest fins are a GRIM warningThe Company has incurred losses since inception and to date has not generated significant revenues and positive cash flows from operations. During the period ended July 31, 2022, the Company incurred a net loss of $18,391,762 (2021 - $24,943,500) and, as of that date, the Company’s deficit is $106,067,826 (October 31, 2021 - $87,676,063). These conditions indicate the existence of material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern. The continuance of the Company’s operations is dependent on its ability to increase demand for its products and generate positive cash inflows. Should the Company not be considered a going concern certain assets and liabilities may require restatement on a liquidation basis. No adjustments have been made to the carrying value of assets and liabilities in these consolidated financial statements. These adjustments could be material
<< Previous
Bullboard Posts
Next >>