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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

Post by Lingcodon Aug 14, 2023 9:56am
90 Views
Post# 35586811

7.7 million current liablities

7.7 million current liablitiesHow is taat going to pay that in the next 5 months when they lose multi millions each quarter for the last 2.5 years ? 
They dont have the cash, less that 476,000 cash last quarter, no marketable securities, taat intl
bankrupcy as well.

The only way to pay for anything is to issue more shares and dilute shareholders even more.
They already issued 14 million more shares this year to pay people they owed as they dont
have the money to pay them with a cheque.

Now thats bad ! 
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