Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Let's try this again, very slowly
View:
Post by TAAT2022 on Jun 12, 2023 5:24pm

Let's try this again, very slowly

One must reach beyond Sedar to be fully informed and to put everything in perspective in a factual way. 

In as simple terms as can make them:

1) 99.5% of the parent company (TAAT Global Alternatives Inc)  liabilities ( on Sedar) are from ONE of their subsidiaries. That subsidiary is TAAT International LLC.
_____________

2) Subsidiary TAAT International LLC is going through the process of reorganization via Chapter 11V. TAAT International LLC has no secured creditors.
_______________

3) TAAT International LLC has about $13 million in liabilities that will be written off via Chapter 11V. $4 million of that has already been written off via a motion filed and granted by TAAT International LLC, this is BEFORE the Chapter 11V process has even completed.
__________________

4) Eventually all $13 million will be written off (TAAT International LLC liabilities) when the Chapter 11V process is complete.
____________________

5) This written off amount is flow through to the parent company TAAT Global Alternatives Inc. Therefore the present liabilities you read for TAAT Global Alternatives Inc is not the correct liabilities amount payable. TAAT Global Alternatives Inc will have next to zero liabilities.
____________________
I hope that was easy enough to understand? 
Any questions?
Comment by Lingcod on Jun 12, 2023 5:32pm
Poster wants for us to reach beyond sedar !!! LOL, no bud, I dont think so. I think I will stick with the  real truth from the auditor, not your confused nit picking trying to shape a false narrative. If you dont like or respect the auditors statement, then call the auditor and tell him of your special wisdom, that no one else understands, not even the auditor. Are you claiming you have more ...more  
Comment by Lingcod on Jun 12, 2023 6:08pm
Too funny, poster does not want us to believe the truth from auditor,  but instead wants you to belive in "beyond sedar" lol, which is kind of like "beyond meat" Now its 'beyond truth".  Na, I think i will stick with auditor and his many decades of doing this research, not some self proclaimed false lawyer with no financial degrees, no auditing degrees, no ...more  
Comment by TAAT2022 on Jun 13, 2023 12:22pm
Auditor has zero to do with Chapter 11V proceedings.
Comment by Lingcod on Jun 13, 2023 12:50pm
In the usa/canada, the auditor remarks include everything including bankrupcy. As was said by you and the auditor, taat goblal and all its subsidies fall under taat global. Maybe you have different laws in Germany, and that would make your knowledge of how things are done here as limited, at best. Taat owes 8.5 million in current liabilites, 6 million due within 6.5 months and no amount of fibs ...more  
Comment by TAAT2022 on Jun 13, 2023 1:09pm
Germany? Last I checked TAAT is not based in Germany.
Comment by Lingcod on Jun 13, 2023 1:35pm
No, but you are and so is frogzilla.  Dont you remember your posts telling us this ?  Anyways, back to taat. I see only 3000 shares, went to 20 cents, now another 3000 shares and back to 18.5 cents. With all the news of bankrupcy, little monies, huge debts,  investors finally waking up
Comment by TAAT2022 on Jun 13, 2023 1:16pm
An auditor does NOT make daily, weekly or monthly remarks. You don't even know what your talking about. The auditor will make up to date remarks when the auditor does audited financials.  You are working with old news and not with up to date chapter 11V proceedings information. So your "auditor" opinions have zero bearings on the PRESENT chapter 11V proceedings, nothing at all ...more  
Comment by Lingcod on Jun 13, 2023 1:32pm
They are going to be put on a payment schedule over a three year period, possibly extended to five. Bankruptcy doesn’t mean the debt is erased.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities