After being at this meeting....IMO......BUY MORE........ and hang tight.....!!!!!!!!!! It's a LONG TERM PLAY MY FRIENDS!!!
What an incredible Shareholder meeting on a gorgeous Saturday afternoon in WNY!!!! There were people from all over the world, young and old including a woman in her late 80's! 'Sir' Henry Sicignano III, President, Secretary & Director was at his BEST claiming " We have never been more excited about this company than now!" This little known company has grown from 12 shareholders to just over 2000 shareholders. We have 114 patents 38 applications and listed to NYSE in 3years." He was grateful for the large turnout.
The partnership with BAT was very distinct. Henry points out:
"The British American Tobacco potential has a muti-decade possibilities, and doesn't include sub-licensing!!" then Henry clearly stated "We are a 160mil market cap company now and has DREAMS OF 160million ANNUAL REVENUE"
"Our Red sun has been in commerce since 2011, We have made great strides, moving forward, and will commence aggressively"
"We have taken as frugal way as possible with acquiring manufacturing operations NC, we have 4 lines fully committed. We can contract manufacture for others. We have international sales and are traveling to China, Asia, Russia. We have just begun to set up this company. "
Henry's biggest headline of the day;
"Our products and company have the potential to change the entire tobacco industry!!!"
There is a BIG DIFFERENCE in one who has confidence and one who is arrogant. Henry was very approachable, IMO this man showed great poise in his confidence and when I approached him to ask " Henry, what is your favorite part about doing what you do" he stopped smiled and said " I like it best when the s/p is up and the investors are happy." It set well with me due to the fact that Henry's actions speak louder than words and has NEVER sold a share.
I personally spoke to the CEO, top Lawyers of the company, the chief scientist of technology and many more including the guys from Chardan who estimated the $9.00 share price, they were in the front row.
There was a key note speaker named Ron Tully who is highly respected in the tobacco industry and on the pulse on tomorrow's technology.
What an incredible Shareholder meeting on a gorgeous Saturday afternoon in WNY!!!! There were people from all over the world, young and old including a woman in her late 80's! 'Sir' Henry Sicignano III, President, Secretary & Director was at his BEST claiming " We have never been more excited about this company than now!" This little known company has grown from 12 shareholders to just over 2000 shareholders. We have 114 patents 38 applications and listed to NYSE in 3years." He was grateful for the large turnout.
The partnership with BAT was very distinct. Henry points out:
"The British American Tobacco potential has a muti-decade possibilities, and doesn't include sub-licensing!!" then Henry clearly stated "We are a 160mil market cap company now and has DREAMS OF 160million ANNUAL REVENUE"
"Our Red sun has been in commerce since 2011, We have made great strides, moving forward, and will commence aggressively"
"We have taken as frugal way as possible with acquiring manufacturing operations NC, we have 4 lines fully committed. We can contract manufacture for others. We have international sales and are traveling to China, Asia, Russia. We have just begun to set up this company. "
Henry's biggest headline of the day;
"Our products and company have the potential to change the entire tobacco industry!!!"
There is a BIG DIFFERENCE in one who has confidence and one who is arrogant. Henry was very approachable, IMO this man showed great poise in his confidence and when I approached him to ask " Henry, what is your favorite part about doing what you do" he stopped smiled and said " I like it best when the s/p is up and the investors are happy." It set well with me due to the fact that Henry's actions speak louder than words and has NEVER sold a share.
I personally spoke to the CEO, top Lawyers of the company, the chief scientist of technology and many more including the guys from Chardan who estimated the $9.00 share price, they were in the front row.
There was a key note speaker named Ron Tully who is highly respected in the tobacco industry and on the pulse on tomorrow's technology.
No...read this but we all have done stupid things when we was in our 20's.
Student Settles S.E.C. Case
Published: May 27, 1992
A business student has settled charges of fraudulently manipulating the price of two stocks by mailing anonymous letters with false information, the Securities and Commission said today.
Joseph Pandolfino Jr., 23 years old, a graduate student at the State University of New York at Buffalo, neither admitted nor denied the allegations in signing an agreement forbidding him to conduct such activities in the future, said Jerry Isenberg, an S.E.C. lawyer.
Mr. Pandolfino also agreed to pay $23,979.25, the amount the Government says he earned illegally, plus interest for a total of about $26,000, said his lawyer, Joseph Sedita of Buffalo. Federal District Judge Joyce Green accepted the agreement.
The stocks involved were those of Sheldahl Inc. and the Aquanautics Corporation, both traded through the National Association of Securities Dealers Automated Quotation System.
"We have a pretty sophisticated surveillance system and were able to review the trading in these securities," Mr. Isenberg said. "Not surprisingly, there were not too many people who traded both these stocks at the relevant time periods. That's what led us to Mr. Pandolfino
When did you buy? Still a 7 bagger for me even at these levels.
I asked Joe about the incident at the AGM. When we fail, we have 2 choices, we either make excuses or learn. How much of of learning experience do you folks think this has made on Joe's current success or the people he surrounds himself with now?? How do you think it has affected his decisions knowing the SEC may watch even closer?? This company is the real deal, do you think BAT, the second largest tobacco company in the world didn't check these boys out before cutting a 14million dollar deal?? Unfortunately for some,(except matty-matt!) the entry point has not been the greatest, including many of my family members and close friends. Again, this is a long term play as i always posted from the start, you WILL NOT be dis-appointed if you hang tight!! Do not let fear cause you to sell, that's what the big players that have NOT bought in yet want you to do. Hang tight or buy more to get your average price/share down. This is NOT a PUMP and DUMP!!! Do the DD on this company and ALL the players involved. The article from 23yrs ago IMO only makes these guys work harder!! Enjoy!!
What news are you expecting? Fins for 1st qtr were just released last Friday. Shine told you upfront it was a LONG term play. Sell or sit tight for the next 2+ years...
XXII.....2.30......Great time to reload or bring your pps down if you bought high as we wait for the MSA news!!! It's a long term play, the company is for real, players are for real....you won't be disappointed IMO if you take the fear away and hang tight my friends!
https://finance.yahoo.com/news/22nd-century-group-reports-first-153000478.html
https://finance.yahoo.com/news/22nd-century-group-reports-first-153000478.html
XXII having a great day....Its a long term play...please read below!!
Seeking Alpha article.
Once again, there are good introductory articles on Seeking Alpha, so we can be brief. XXII is the owner of 114 patents in 78 countries, covering a minimum of 75% of the world's smokers. The patents cover technology which enables the company to regulate (increase or decrease) the level of nicotine in tobacco, so it can produce cigarettes with next to no nicotine, without altering the taste. Needless to say that this is potentially very valuable technology.
It has several possible revenue streams to monetize this technology:
The company has applied, but when progress was slow, it acquired a company that is already a member of MSA, NASCO. In the process, XXII also acquired production equipment on the cheap. All seemed to go well, the company cleaned up its balance sheet, applied for the NYSE market, and the shares started a phenomenal rally (see graph below) in anticipation of NYSE listing and approval of the NASCO acquisition.
(click to enlarge)
However, the latter has still not materialized, and the shares have fallen back heavily. In an update, the company announced:
The upshot:
Seeking Alpha article.
Once again, there are good introductory articles on Seeking Alpha, so we can be brief. XXII is the owner of 114 patents in 78 countries, covering a minimum of 75% of the world's smokers. The patents cover technology which enables the company to regulate (increase or decrease) the level of nicotine in tobacco, so it can produce cigarettes with next to no nicotine, without altering the taste. Needless to say that this is potentially very valuable technology.
It has several possible revenue streams to monetize this technology:
- Licensing: at present, the company already has a $7M research licensing deal with British American Tobacco, which can be extended with another $7M and can also a move toward a non-exclusive commercial licensing deal
- Spectrum Research cigarettes: these are used by the FDA and NIDA already (17M and 5.5M sold)
- Sales of commercial brands Red Sun and Magic: small quantities are already sold overseas (Benelux)
- Modified risk branded cigarettes, Brand A with 95% reduced nicotine, Brand B with a low tar to nicotine ratio: Subject to FDA approval.
- Smoking cessation aid: the X-22 cigarette. Requires FDA approval.
The company has applied, but when progress was slow, it acquired a company that is already a member of MSA, NASCO. In the process, XXII also acquired production equipment on the cheap. All seemed to go well, the company cleaned up its balance sheet, applied for the NYSE market, and the shares started a phenomenal rally (see graph below) in anticipation of NYSE listing and approval of the NASCO acquisition.
(click to enlarge)
However, the latter has still not materialized, and the shares have fallen back heavily. In an update, the company announced:
- A $45M three-year shelf registration
- A road show to U.S. institutional investors and brokers (early June)
- The approval for the NASCO acquisition is "close to being finalized"
- A 10-day trip to Asia to talk with possible joint-venture partners
The upshot:
- The valuable IP gives the company some downside risk protection, as these are validated by BAT.
- Upon approval of the NASCO acquisition, which can come at any moment, the company can produce, market and sell its two premium brands in the U.S.
- The Asia trip, compared with the war-chest from the shelf registration, could provide fairly rapid entry into other countries where the regulatory burden is often less onerous.
