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 > Latest fins are a GRIM warning

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Comment by IsThatYouDarylon Oct 30, 2022 7:06pm

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Post# 35058850

RE:Latest fins are a GRIM warning

As at July 31, 2022, the Company had a cash balance of $2,625,816 (October 31, 2021 - $11,810,863) to settle current liabilities of $3,917,964 (October 31, 2021 - $2,860,819) which are due within 12 months of July 31, 2022. The Company may need additional capital in the future to support its business model.

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