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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 28, 2022 9:47am
83 Views
Post# 35133480

RE:RE:RE:RE:RE:RE:This tells almost the whole story$$

RE:RE:RE:RE:RE:RE:This tells almost the whole story$$
USOB4EVER wrote:

You are entitled to your opinion and I respect that. However, you continue to cite old news that is not representative since Mike has taken over in June 2022. 

You continue to ignore TAAT's strategies that address recent changes in public policies as well as TAAT's new products that are unique to TAAT that are competitive advantages. As well as their game-changing technologies that cover and exceed the entire spectrum of this ever evolving industry.

TAAT's competitive advantages:

* Zero tobacco and nicotine alternatives that are healthier than big tobacco's current offerings. 
* TAAT is expanding its presence in municipalities that have banned menthol, flavored tobacco, and vape products.
* A much lower price point than traditional tobacco products. This will provide much higher profit margins for stores and significant savings for consumers.
* TAAT is getting ready to launch a HNB technology that will include an app that monitors smokers smoking habits and provides them with an actionable pathway to quitting smoking all together.
* PM owns the PODA HNB technology that is available in over 68 cities worldwide. TAAT is releasing this product very shortly. This addresses a huge market that has great consumer demand. 
* TAAT will offer a HNB synthetic low nicotine product that will compete with XXII that offers 15mg - 0mg nicotine levels that will enable smokers to taper off their nicotine addictions.
* TAAT's leadership team has key relationships with numerous convenience chains and cooperatives as well as with big tobacco companies like PM and Altria. These relationships can lead to potential joint ventures or buyouts.
* Per TAAT's last quarterly report, a net loss of $1.9 M is predicted for the 2022 calendar year. Leading to growing profitability and revenues moving forward.
* TAAT has expanded their market presence in Europe and many strategic markets in the US.
* TAAT has engaged with Stacey Neuhaus, a former Marketing Manager-Strategic Accounts with JUUL Labs, the lead its marketing efforts with the strategic planning of its new HNB technology.

I can come up with many more examples of TAAT's current and future growth initiatives. I am looking forward to TAAT's December 15 Earnings Report!
 




You can't even get one simple peice of information right so the rest of your so called "facts" are suspect also.

For example:
TAAT's Q4 2022 earnings results for the quarter ending October 31, 2022 are due for release at the end of February 2023.  There is no way that the TAAT's Q4 financial statements will show a net loss of $1.9 M  for the 2022 calendar year.

Look at the 2022 net losses results so far:

Q1 = $(7,314,439)
Q2 = $(3,842,775)
Q3 = $(7,428,873)
Q4 =  ?????

Total = -$25,900,526

To have an annual loss of only $1.9 million for 2022, TAAT would have to earn $25,900,526 - $1,900.000 = $24,000,526 profits in Q4 and the odds of that happening is about nil.


TAAT's next Quarterly report will be Q1 2023 for the three months ending January 31, 2023 due to be released around the end on March 2023.  That information should be interesting.  Management has alredy admitted losses will continue.  I can't wait to see where they get the funds they will need to finance all those increased revenues they plan to gain.
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