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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 > 8.5 in current liablites last quater
View:
Post by Lingcod on Jun 20, 2023 1:15pm

8.5 in current liablites last quater

With 6 million of the 8.5 million due by end of year or about 6.5 months.
They only had 295,000 in cash left.
So how are they going to pay off roughly $923,000 a month for the next
6 months ? 

IMO, They wont. Thats why I see bankrupcy. They already diluted the shares by 
about 14.5 million more this year. 

They even admitted in last press release they dont have the money to launch 
in Austria !!! Or list on Nasdaq.

Hard hitting realities, not this puff and fluff routine.
Comment by TAAT2022 on Jun 20, 2023 1:45pm
$16 million in liabilities ( TAAT International LLC) will vanish into thin air when the Chapter 11V Court approves TAAT International LLC reorganization Plan on July.5.2023 TAAT International LLC as part of the reorganization Plan will have to pay out $35,000 to the UNSECURED creditors. This in turn flows up to the parent company TAAT Global Alternatives Inc, which will in turn have next to  ...more  
Comment by Lingcod on Jun 20, 2023 2:04pm
Dont let poster try and bamboozle you with unproven spin. Taat global owes 8.5 million and 6.5 million due by end of year. Has nothing to do with taat intl llc and poster claims he has knowledge of bankrupcy decision ahead of the judge issuing it on July 5th Poster has no right to fib to you before judge releases his verdict. Shows you frogzilla was right when he said posters mix truth with lyes. ...more  
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