Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by TAAT2022on Jun 10, 2023 10:23am
295 Views
Post# 35489888

Lingcod why do you misrepresent the truth?

Lingcod why do you misrepresent the truth?Lingcod, if you were honest you would know TAAT Global Alternatives Inc does not have $8.5 mill in liabilities in reality. 

Everybody knows that TAAT Global Alternatives Inc has a subsidiary called TAAT International LLC that is presently going through Chapter 11V. 

This subsidiary (TAAT International LLC) holds about 99.5% of ALL liabilities. Those liabilities will go bye bye as they are encompasses within the filing by TAAT International LLC.

Therefore the current liabilities that you reference of $8.5 million under the parent company TAAT Global Alternatives Inc go bye bye.

I have told you this at least 30 times, yet you continue to be disingenuous and post nonsense about $8.5 million liabilities, even you know that's not being honest. 

I know you will reply but but Sedar says ...  

It does not matter what Sedar says at the moment because those liabilities are slated to come off via TAAT International LLC Chapter 11V process.

TAAT Global Alternatives Inc will have next to $0.0 liabilities when it's subsidiary TAAT International LLC is finished it's process. 

Just the act of TAAT International LLC starting their Chapter 11V process back in Feb 2023 automatically suspends and liabilities attached to TAAT International LLC.

Therefore as of Feb.2023 the parent company TAAT Global Alternatives Inc was not liable for TAAT International LLC liabilities. It may show on the balance sheet but it's not payable by default. Lingcod knows this or should know this.

Let's see if he replies honestly.


<< Previous
Bullboard Posts
Next >>