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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 Sep 10, 2023 4:20pm
156 Views
Post# 35628458

Claims were made taat had a credit line....

Claims were made taat had a credit line....But absolutely no proof was offered. Taat intl llc in the usa just went bankrupt in the tens of millions.
Do you really think any financial institution would lend taat a penny in this enviroment ? And when you couple that reality with 118 million in losses these last 2 to 3 years, and onging losses, taat would never be able to get credit.

Now, taat does own a small distribution company called ADCO with only 5% gross margins, which is very low. It is possible ADCO has the credit line, and that would make sense, however it is most likely a short term credit line to keep the business functioning, but it would not be a credit line to borrow against or use for corporate expansion. 
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