TAAT Global Alternatives Inc. (TOBAF)

[matt51]

I absolutely agree with your comment about watermelon smiles. I am in big for Molori, even with the reverse split from Taipan days. It is the largest position in my portfolio.

I realize they have studies on Probable Proven Reserve (PPR); but, those studies focused on the old reworked wells which they sold out to Ponderosa in exchange for a larger working interest in the Red Cave properties.

I am a huge fan of Joel Dumaresq - He is laser focused, sees the big picture and the end game. My position is because I believe in him pulling this off.

Having said all that I could see the share price working its way down to 15 cents, with an absolute bottom of 10 cents. Until the investment community has a fuller understanding how Joel is going to finance this and its impact on the balance sheet the share price will continue to deteriorate.

I can provide some more in depth analysis, appreciate your thoughts and what you see as the future.