22nd Century Group Inc (XXII)

[strut1702]

This is my opinion...management needs to get the China JV out in the open soon. They have already teased the public with their "weeks away" comments to the press. I do believe there is good merit due to Terren Penzier's 10 million investment and China contacts.

The past is the past. IMO, The IP value of Tobacco and Cannabis is worth over 100 million alone. We are currently at a ~130 market cap. As an institution, I would see minimal downside to my investment relative to a 700 BILLION global market that XXII can target over many years. Again, I'm expecting a buy recommendation from Wells following potential China JV news. It's time for management to get it out. I trust The fund managers know Crede Capital / Terren Penzier....and they will lead this China initiative, not XXII.