22nd Century Group Inc (XXII): "In an extremely volatile market, we are...

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22nd Century Group Inc (XXII)

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Re: Batermere post# 32984

Thursday, 10/20/2016 10:54:05 AM

Thursday, October 20, 2016 10:54:05 AM

"In an extremely volatile market, we are pleased to announce this above-market financing that will greatly strengthen 22nd Century's balance sheet and will ensure that the Company has more than 18 months of operating cash on hand," explained Henry Sicignano, III, President and CEO of 22nd Century Group. "22nd Century looks forward to several important R&D catalysts in the coming months; this capital infusion will significantly improve our negotiating position in discussions with potential strategic partners

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