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.

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TAAT Global Alternatives Inc

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Post by Lingcodon Sep 29, 2023 12:37pm

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Post# 35661965

Taat owes millions

So you can see now why they will issue more shares for themselves. If they issued the remaining shares now, they would only get $600,000. And when taat owes just alone for current liabilites of 7.7 million, not to mention their debts, you can see why saxon is doing the reverse split, and most likely
he will issue a NEW prospectus so that he can once again, fleece investors by increasing the amount of shares he can issue.And he will do that. I estimate he will issue post consolidation at least 3 to 5 million shares, if not more. Taat is broke and cant pay debts, that is why they are doing this. And I hope the creditors see what taat is trying to do, as well as the shareholders. Its a lose situation for taat shareholders.