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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 > 2 million dollars of TAAT inventory
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Post by IIIIIIIIIIIIIIl on Jul 01, 2022 11:10pm

2 million dollars of TAAT inventory

Say no more it aint selling.The last quarter reported this year was lower than same quarter first year .The 6 month year to year comparison does show some improvement this year over last..End of day they spent over 4 million in erxpenses mostly front office to make a 237 profit on the sales of about 600k of TAAT..This is 200k a month about 800 dollars gross sales per month per location........Per store you are talking about 30 bucks a day in sales or couple packs of TAATs.....Most stores will not carry a product with such low sales points......
Comment by Smarterlnvestor on Jul 02, 2022 12:04am
1) TAAT Net cash used in operating activities was 13 times greater than Revenues in Q2 2) TAAT sales are slow AND Trade Receivables is at nine months worth of revenues in Q2.  That tells us customers are not paying for their products in a timely manner.  So TAAT is not being paid on time and retail customers aren't buying as much as we were led to believe.  We was misled.. 3 ...more  
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