22nd Century Group Inc (XXII)

[Justfactsmam]

Also...

Some posters (Gilbe in particular) have made reference to HTFBS being named in court papers in XXII suit with JP. It is logical and reasonable to assume that HFTBS would be motivated and desire to be silent pending the outcome of the case with JP. IMHO...the "paid promotion" rational could be (and likely is) only a graceful way of backing out of coverage while "calmer heads" resolve the XXII/JP issues.

Regarding the Termination of Crede consulting agreement, it too is procedural, in that there was an inability to perform within the term and XXII had to lock in its right to terminate and reserve any rights it might have against Crede/TP. ....

What no poster has noted (at least I did not see a post referencing it) is that in the 10Q (para No.6, was that XXII has not cut off its relationship and efforts with TP, but only its existing contract (which was quite generous to TP anyway)...the last line of paragraph No.6 Consulting Agreement and Joint Venture Agreement states:

"The Company and Crede continue to discuss potential activities together in China as the Company also works with other third parties for potential business and joint ventures throughout Asia."

IMHO it would be in the interest of investors to ignore the "noise"...all appears to be well with XXII and sales revenue back it up...XXII will evolve to be a solid and good little gem.