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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 > So much debt, might have to sell ADCO
View:
Post by Lingcod on Oct 15, 2023 11:49am

So much debt, might have to sell ADCO

Adco is 95% of their business, and ADCO has admitted taat gives them little business.
Taat owes 11 million due within 90 days, broke and unable to pay.
Thats why 3 auditors told investors taat will go bankrupt if they dont come up with 
money in the short and long term.
As taat intl llc is now bankrupt, you cannot expect anyone to give taat a loan, 
so mgmt consolidated and said they will issue shares to try and pay debts.

A going concern, $5.85 to 3.8 pennies pre consolidation. Everyone has lost money, 
everyone.
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