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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 > The day of reckoning
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Post by synectix on Mar 25, 2022 11:01am

The day of reckoning

for financials is fast approaching!

The cash burn rate has been very high, just look at the last couple of financials.  I'm anticipating a cash crunch in the next 1-2 months requiring another round of financing with more dilution.  We should be hovering around 120 million shares outstanding if and when the HLND transaction closes successfully.

I think they are very slow to collect receivables....if last report is any indication.

Patent status...someone needs to ask TAAT if the original patent application has been rejected or if clariications/modifications were requested by the Patent Office or submitted by TAAT....due to the RECON 1-2-3-4-5 iterations....have no idea what number we're at.  TAAT won't be using 3rd party manufacturers until the patent is in hand.

Stock market exchange listing status....who what when where....which...exchange?

Regulatory uncertainties

Markets in general....move to cash gaining momentum

Don't bet the farm....

Good luck everyone
Comment by HellllllIYup on Mar 25, 2022 2:37pm
This post has been removed in accordance with Community Policy
Comment by ReaIInvestorII on Mar 27, 2022 10:12am
Yes synectix, the day of reckoning will arrive soon. Q1 financials for the three months ended January 31, 2021 were released Apr 1 2021 last year so we can expect Q1 for the three months ended January 31, 2022 to be released on Apr 1 2022 and that means the financials will be released Monday or Tuesday next week. I expect them to be as ugly as the Annual Statements were.  Get ready for ...more  
Comment by Galition on Mar 27, 2022 11:08am
Hahahaha squirming in your boots SHORTY'S . Actually quite entertaining to listen to your gibberish. Your motives are so blatantly obvious a blind man could see them.
Comment by ReaIInvestorII on Mar 27, 2022 1:10pm
I am NOT short TAAT.  What part of that sentence don't you understand? KNOW THIS: The smart swing traders started buying TAAT shares again after the low on March 15 and then they were selling near the recent top on March 24.  They know how to read a chart.  They'll be buying again on the next pullback expected after the financials are released this week.
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