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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 Lingcodon Jul 14, 2023 10:30pm
74 Views
Post# 35542287

RE:RE:RE:Faint rumour of merger and or buyout

RE:RE:RE:Faint rumour of merger and or buyoutWhat are they going to merge ? Taat has 7.7 million in current debt, plus they lost
118 million so far. Taat market cap is slightly over twice their current liablities.
A merger ? Dont think so. 

Taat has nothing to offer. 95% of revs from ADCO and with only a 5% gross margin at the
best of times. No patent, little monies, bankrucy of taat intl, countless failures by mgmt.

You think taat mgmt wants to give up their huge salaries and stock options ?
Not a chance. 
1.1 million paid to mgmt last quarter, loss of 3.2 million
I rest my case. 
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