Post by
Lingcod on Oct 22, 2023 5:10pm
Products make or break a company.
And what does taat have ? Fake cigs which were never destined to succeed. You think if they were a vaiable product that big tobacco would have produced their own fake cigs ? They did not because they knew they were a gimmic product.
How bout the 3rd party chocolates ? Taat stopped producing them 7 months ago.
How bout Jayvee's ? Turns out taat does not own them but takes a 4% royalty for any sales,
but of course taat mgmt still collects their hefty mgmt fees from that 4%.
Or what about all the commercial failures like 711, Parkers, Gamma, Bullriders, Speedy's,
and on and on. You think all these commerical failures will make taat a success with Bucee's ?
Of course mgmt has not, nor will not update shareholders on taat sales or lack therof in Bucee's.
And you also have taat failing in getting a patent x 2. So taat has no intellectual property at all. None.
And usa bankrupcy to boot.
There is simply no way shareholders will make any money on this stock because taat is deeply in debt, no money, only option is to dilute shareholders with more shares, which they said they would do, or sell ADCO.
Adco is the only thing that keeps taat alive, with 95% of revenues from them with a paultry 5% gross margin.
Not one person has made money with taat stock, not one, unless you were smart and shorted.
But even today, there is no volume in the stock, no liquidity, zero. Sellers cant get their ask price, while the stock has lost 50% in a month and will continue that pattern.
Facts, and nothing but.