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 > 8.5 in current liablites last quater

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Post by Lingcodon Jun 20, 2023 1:15pm

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Post# 35505608

8.5 in current liablites last quater

With 6 million of the 8.5 million due by end of year or about 6.5 months.
They only had 295,000 in cash left.
So how are they going to pay off roughly $923,000 a month for the next
6 months ?

IMO, They wont. Thats why I see bankrupcy. They already diluted the shares by
about 14.5 million more this year.

They even admitted in last press release they dont have the money to launch
in Austria !!! Or list on Nasdaq.

Hard hitting realities, not this puff and fluff routine.

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