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.

CSE:TAAT - Post by User

TAAT Global Alternatives Inc > Financials

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Post by synectixon Mar 23, 2023 8:31pm

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Post# 35357695

Financials

As at October 31, 2022, the Company had a cash balance of $676,813 (October 31, 2021 - $11,810,863) to settle current liabilities of
$6,029,783 (October 31, 2021 - $2,860,819) which are due within 12 months of October 31, 2022. The Company may need additional
capital in the future to support its business model.

In the audited financials and the MD&A did anyone see what TAAT's flagship product revenues were, because I sure didn't. Revenues are lumped into "tobacco and non-tobacco" products. How's that for transparency.

Looks like Setti did OK with his compensation ...approx 6 million?

Say what you will.......

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