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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 DarylTheShortyon Nov 05, 2022 12:14pm
99 Views
Post# 35075694

RE:RE:RE:RE:RE:RE:Long-term Investment

RE:RE:RE:RE:RE:RE:Long-term Investment
Frogzilla wrote:

Funny thing Caminoguy, I have several financial holding that I've held for over 30 years, and I laugh every time Daryl knocks dollar cost averaging & longterm investing.



Dollar cost averaging is fine for longterm investing with established stable companies.

How's it working out for you with a volatile startup that dropped 88% since August 2021?  TAAT is a financial disaster with lagging revenues, huge cash burn,  huge loses, large relative Trade Receivables and very low on operating funds.    Most of that bad news is hidden now by the HLND purchase but TAAT is still financially stressed and needs new financing soon.

Dollar cost averaging is not going to make an poor invesrment in TAAT suddenly become a wise investment.

The Daryls are the ones doing the laughing.
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