RE:RE:RE:RE:RE:Long-term Investment Caminoguy1960 wrote: Patience everyone!
Disreguard the Day trader Daryl's, all of them.
Everyone here needs to do their own homework on
TAAT.
Such a Industry disruptor that is being created right before our eyes.
TAAT's management team is methodically developing a future industry GIANT.
THERES NO DENYING!
I encourage everyone to do their own due diligence
and have patience.
TAAT will become a GLOBAL Bohemth !
Caminoguy
The results so far don't support your theories. TAAT is turning into more of a future industry KNAT than a GIANT.
Here's the explanation of what happened in the first six months of 2022 for TAAT in a simple way that everybody can understand. Q1 + Q2 was a financial disaster in 2022 by any measure. Q3 TAAT numbers were mixed with HLND’s financial numbers and the totals were still brutal.
The financial statements tell us the following:
1) The company is low on cash and will need to raise funds soon.
2) Average quarterly revenue for the first 2 Quarters of 2022 before the HLND purchase was down
25.46% from the average quarterly revenue in 2021.
CONCLUSION: REVENUES WERE NOT GROWING IN 2022. 3) Losses were 11 times greater than revenues in the first two quarters.
4) Trade Receivables were equal to more than 9 months of revenues. Customers were way behind in paying TAAT for goods purchased and we know the largest purchases were made by only one customer and that was HLND.
In the first six months of Fiscal 2021: Total losses were 20 times greater than total revenues.
Shareprice increase in the first 6 months of Fiscal 2021 was
+90% In the first six months of Fiscal 2022: Total losses were 11 times greater than total revenues.
Shareprice drop in the first 6 months of Fiscal 2022 was
-60.6% It doesn't get much uglier than that for a company that wants us to believe things are looking great for the future revenues, I'll believe that when it shows up in the future financial releases along with profits and low cash burn and low A/R relative to revenues.