I took Henry at his word when he stated that XXII had 4 separate "billion dollar opportunities." He thought the company would achieve at least 3. Has the scale of that opportunity changed? If not, why would a shareholder be happy with 1/2 billion valuation in 5 years? At the current $80M+ market cap, there is a lot of stock appreciation to be had if Henry & Co were to hit 3 of the 4! The proof will have to be in the pudding.
Was there any discussion of the 2nd Asian (non-China) opportunity that has been previously mentioned? Probably no further info regarding BAT at this point, but hopefully the Magic launch in Europe will give BAT a kick in the pants and they start commercializing the technology themselves (so XXII isnt the only sole benefactor). Anything on finding an X-22 partner?
One of the nice things about vaping and e-liquids is the ability to choose your nicotine strength. Go into a vape shop or go online to buy e-liquid and you will be asked to choose a nicotine strength: 24mg, 18mg, 12mg, 9mg, 6mg, 3mg or 0mg. Its nice having this control - to increase your smoking pleasure or to ween yourself off of nicotine with a lower strength. Cigarette smokers do not have this freedom to customize their smoking experience. This is a big disadvantage, imo. I would think BAT etc would see XXII's tech as a big opportunity to create a whole new paradigm in smoking tobacco, using XXII's tech to give their brands a larger range, up and down the nicotine-strength latter. Smokers would appreciate being able to buy, say, a Lucky Strike 24 (24mg) or a Lucky Strike 3 (3mg). IMO
