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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

View:
Post by Lingcod on Aug 28, 2023 4:45pm

Facts on taat

Taat has zero liquidity period. 
In 6.5 hours of trading, taat only sold 800 shares, or $100.00

Taats poor results, the constant losses, the non availability of having cash,
cannot pay their debtors, but issue shares instead, spending only 34 thousand on
marketing, 24 thousand on investor relations, paying ceo saxon and mgmt 1.1 million
last quarter while losing 3.2 million tells the whole story.

And you can also note that taat has changed auditors 3x in one year, to try and hide
the truth of their horrendous financials.

Investors have woken up and wont touch taat stock.
From $5.85 a couple of years ago to 12.5 cents today, just tells you 
investors realize taat is in serious trouble, and they do not want to own this stock.
Comment by dwitzany on Aug 28, 2023 6:08pm
IDK if everything you stated here is true, but this one smelled bad to me long ago, and I got out.  All I know is that there is LOTS of promise, lots of listings, new products and ideas, but POOR SALES, no focus, and too many questions.  If they had 3 auditors..., don't walk away, RUN!
Comment by Lingcod on Aug 29, 2023 10:58am
Yes, dont walk away, but run is a honest appraisal. Everyone who owns taat stock has lost money, and lots of it. Since taat has no money to pay the bills, but issues stock instead, and the fact they have little monies and huge debts, you have to wonder how they will pay for all of this ?  Fact is they cant and wont. If they issue shares now, they will have to issued tens of millions of ...more