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Bullboard - Stock Discussion Forum 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... see more

CSE:TAAT - Post Discussion

TAAT Global Alternatives Inc > Year End Financials
View:
Post by FinanceChump on Feb 17, 2021 9:08pm

Year End Financials

The next reporting will be for the year end Nov 30 2020. Since their first significant sale to ADCO was in December this report will have no sales and just expenses. Don't get too excited.

It will be first quarter ending Feb 28 2021 that will some depth to it. However, this report will be released late April/ early May if this company follows normal financial reporting pattern. At that point the online sales will have 60 to 90 sales of sales in our memory bank but the statement will only have the first two weeks worth of sales represented. Comps will be difficult to pull meaningful information from. 

I am long big time on this stock and hoping we wil see monthly sales updates from Setti instead. That would give us better insight and P/S multiples and support multiple expansion as we move towards an eventual up listing. 


go TAAT.

Comment by Happytaater202 on Feb 17, 2021 9:15pm
I guess we wait till April or May until we see real an meaningful profit, sales etc!
Comment by wannabericher on Feb 17, 2021 9:41pm
Well spoken FC ... Cheers!
Comment by TheGrimReeper on Feb 18, 2021 12:45am
"if this company follows normal financial reporting pattern" then the Year End would not be November 30.   Since the 3rd Qtr ended July 31 according to the last financial report released on September 29 was "FOR THE NINE MONTHS ENDED JULY 31, 2020" . That would make the year end October 31.  If they changed to November 30 then some fancy reconcilliation would be ...more  
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