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I sure hope so. Is it me, or does it seem like some of the news we receive is monumental, yet the SP does little or nothing, or drops!!! Revenue should be forthcoming, I just hope the SP rises (and stays risen).
We're still gonna finish red anyway. this stock is soo predicatable....jumps up for an hour or so on good PR, then falls back down like nothing happened....
I can tell your new here. This is how this stock operates. Red on great news. Always has done that. Nobody here has a clue, I was waiting for red all morning, I knew it would come, it always does. The bigger the news, the more it tanks. Simple. The last time this stock was above 3.00 / share was BEFORE we got into the MSA. Biggest news for the Company, probably ever, and it has tanked ever since.
weird.
Ya, something about this funds being diverted issue that concerns me. How did he physically move money with nobody knowing? Trust me, just because your the President of a Company, that doesn't give you a blank check book which you can just write checks. Where I work, for example, the only person who can write ANY checks to ANYONE is me. My boss, the CFO then signs off on the check I wrote. It's called segregation of duties, and Freed Maxick, the auditors, should've identified this as a weakness if such internal controls were lacking...
JP couldn't just start transferring money all over the place with NOBODY knowing it. Impossible!! There is NO way this happened. I haven't read the whole complaint yet, but if this is what XXII is saying happened, there are gigantic fixes needed internally.
Quite frankly, if JP was, in fact, diverting funds to his other Company from XXII, it should've been uncovered in the audit by Freed, Maxick. We don't need an " internal audit" to see what's going on here. If Joe was "diverting" funds, any half way decent auditor should've found it. Freed, Maxick may be on the hot seat as well folks.
I'm loving it. Glad to be wrong. I'll take a nice increase like this any day, GLTA. See, I told you all this thing was gonna go up after good news, geez. :)
Go XXII!!!!
I'll say .98
Yep, and this is good news.....close at .68 today?
Ya, let's see a run up to a dollar. OMG, I never thought I'd say that......
Ya, I guess I could always cite charts and graphs that yield nothing instead. Nah....
Nope. First biotech stock. Are they that much different than other stocks? If so, fair enough. I can't get out, though. I would just kick myself if it ever does fly and I sold out.
In the meantime, I'll simply complain about it...:)
Well you should. Every milestone and catalyst has resulted in a tanking SP. That's a fact! We have all been waiting for the next big thing. Remember when uplisting was supposed to really get this thing going? What happened? SP dropping. Then it was MSA. What Happened? SP dropping. Bonnnie Herzog, bell ringing, TP, and I'm certain I'm missing s few other....heck, I have officially forgotten why I bought this in the first place. Why on Earth would I believe revenues would make this thing go up? Or Asia? When NOTHING that has been accomplished up to now has resulted in ANYTHING positive??? And why do you think an FDA label is going to do anything? Can you cite an example of an FDA label propelling another company? The Surgeon General has a label, too. And most people ignored that one.....
You'll need patience around here. Does anyone else worry that we'll turn a decent profit, and everything will be going great but somehow, just somehow, the stock will still be sitting idle?
I can see money coming in the door but not reflected in the SP. Heck, even The Dane bailed on this.
LOL. I can tell your new here. Any good announcement results in a declining share price. This stock tanks on great news...A China deal announced would surely reduce this thing to mere pennies....
I know it makes no sense.
Thanks, Dagshah. Hey, at least we closed up today. There's some, if not much, comfort in that....
Someone said over on Yahoo that this is bogus. can you confirm an actual lawsuit?
Well, that was a short lived honeymoon...back into the red we go. I thank God I am not a day trader. This so soooooo boring. And, looking back at historical volume and SP, activity like yesterday seems to come along every few months. Apparently, for no reason whatsoever.....
I was kind of thinking the same thing. I'm all for Henry, I think he's great! Really smart, hard working, knows his stuff. But, they could've given him the job months ago...?
It's almost like they couldn't find anyone to take it, so they gave it to him. It seemed as though there was this big search going on, and in the end, you give it to the guy who was filling in all along??? It just doesn't add up.
they simply couldn't find anybody...just my .02
What exactly do you have against Clarence, NY??
Have you ever seen Clarence, NY? Dude, it's beautiful! Seriously, it's a gorgeous suburb of Buffalo. Spaulding Lake is an incredible neighborhood.
Where do you live that you talk trash about this place?
That certainly is the question. Let me know if you get an answer. lol. The company is poised to make an impact, it would appear, but ya, why does this thing fall relentlessly???
NYC on Lexington Avenue. A guy on Yahoo site said they have it there. He spoke with the store owner. HUGE positive feedback from consumers thus far.
store owner is reporting that customers who have tried Red Sun are absolutely loving it. This is the store on Lexington Ave.
here we go.....:)
LOL. Ya, before MSA, we were trading at a measley 3.02. Hey, any chance we can give the MSA back...LOL
No doubt, everything good that's been done has yielded an absolute dismal SP. It's awful. I can't even look anymore, just gonna let it go where it goes....all this rhetoric is useless, and nobody seems to have answer....
I would love to see green just once. I feel like it never happens....
Hey, why did we drop so much? Did good news come out today?
:)
It was?
OK, so supposedly on Yahoo, somebody has found Red Sun cigs for sale. Click the link below. Can any of you verify that these are here? I've called this store and the guy answers "hello", has no clue what Red Sun cigs are....?? But the guy on Yahoo says that the store told him they are there.
http://www.whitepages.com/business/s-k-discount-cigarettes-fair-oaks-ca
Ok, so I called Kretek. And a few more stores. Kretek has NEVER heard of Red Sun. Per the woman I spoke with, she never heard of Red Sun and asked me what they were. LOL.
Not a good sign. She also didn't know about us at all. Never heard of Goodrich tobacco or 22nd Century...
Doesn't Phillip Morris and others have a reduced tar cig? I can't think of the name now. But I am pretty sure I saw something like that. they claim less tar and therefore healthier.
Fair enough. but didn't other companies before put a claim for a "safer cigarette"?
Still no Red Sun found anywhere. That killer website doesn't even show anywhere. It's like they don't exist.
FDA Modified risk label...Does everyone here really think that is gonna make us rich? A label??? People ignore labels. The Surgeon General also put a "label" on cigarettes. People ignored that one, too.
Asia, IMHO, is the answer. Modified Risk Label, I could see come and go, with little material value. I just don't see it making much of an impact.
I'm going to hold off for Asia announcement and load up when we hit .14
:)
Brilliant post!! And, I think you're right about the few options for all shareholders: "Buy more, hold, or sell". Excellent comment, keep 'em coming!!!
I can tell you've done your homework.....
The problem is that this price isn't fluctuating at all. It's simply DROPPING. The relentless SP drop is very concerning. Can it go up just once? Just for kicks?? Hey, I'm all for patience and yoyo games, up and down, even just staying level for a while....does it have to drop non-stop????
Perker doesn't know anything. I think that's obvious. I can't believe some people here still even respond to him. My biggest concern is that we'll get China, revenues, BAT... you name it and the stock will sit idle and we won't know why.....
Every other milestone/catalyst has been met with no SP appreciation at all, in fact, the reverse. Weird.
I can't believe I'm in the red after buying at .96 around 18 months ago. This has to be some sort of scam. Not sure how yet, but something isn't right at all. Joey P made out like a bandit. The echoes of his SEC run-ins 20 years ago are resonating. Bottom line: Joe Pando got in cheap, hyped up the stock, sold for half a million, and is sitting pretty. Sound familiar?
This is going to .30 cents, isn't it? Oh, and where can I buy a pack of these premium cigarettes that nobody is talking about????
I was just thinking about that. If we do, fantastic. We were doing great in OTC....LOL. When we uplisted, the ever declining, slow but steady drop began....screw the NYSE MKT!! :)
I'm still in awe over Joey P's sale at over 6 and over 5. Genius. I know, I know, it was a small portion of his overall position....but he still made $522,000....hmmmmm
Ah. well then. I guess that answers that...LOL :)
one thing, why have such a policy?
here is a link to insider buying and selling on investopedia;
http://www.investopedia.com/articles/02/121002.asp
It mentions 'tips to beating the market...: Here it says to see what the insiders do. Nowhere does it say the insiders CAN'T buy or sell because they have inside information. Henry's comments are BS. Insiders buy and sell all the time.....
My post was two-fold. To show that nicotine cigs DO exist, albeit as you have pointed out, they're not tobacco. Fair enough. More importantly, look at how easy these were to purchase. Why doesn't the Red Sun site, which took 14 months to build, have a check out? Or a store locator? Or...anything useful?