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The new man is getting well (nothing more, nothing less, although, perhaps a bit high given the stage the company is in.) paid. Hope he's worth the money.
-7% reality check
They also said they were not currently launching because it were holiday's and that they would launch shortly after.
Notice the terribly low volume the past few days...
They were so-called ready for selling in several other countries, but waited due to summer. Well, summer is over for almost a month already. I'm just a little bit unhappy, again.
Then you better don't give the shorties ideas how to mislead others =)
I nailed that one indeed =) Doesn't mean I'm correct this time. Time will tell.
Q3 revs I expect to be 5-6 million. Launch in those other countries in Europe must be happening in september though.
As if I am not logged on... :) I could always see page, but since a few days no longer.
I still cannot see it. Facebook keeps me from checking the page. It states that the page no longer exists, or that it can only be viewed by people part of the group/page... :)
I doubt others can see it!
how on earth is that possible? Link?
I am talking about the facebook page, I think I stated that very clearly LOL
and that page is gone all of a sudden, or at least I cannot find it anymore =)
Where's red sun page on facebook? =)
Henry answered this question in a CC, not sure which one though!
That, people on the board have been saying for almost a year, yet Mr Pando could sell all the way down. ;) These posts are quite misleading.
2023 LOL
He did not! Someone said that Henry's LAST buy was @ 1,28 USD. This purchase is from, well, long ago.
As you should be able to read: the explanation for magic sounds quite lame IMO ;)
And the "friend" of Henry for who they issued new shares... give me a break LOL
Somehow not too surprising. Company is telling quite some lies IMO.
"We don't have to raise money" -> few months later, issuiing of a few million shares. Now we should believe them?
Termination of contract with crede, no pr.
Delay of magic in France, etc. No PR and a reason I find hard to believe. Especially if they then say they will launch in "fall", why not first weeks of september?
Point 1: he stated before they didn't need new money, yet issuing new stock to "his friend" (point 11) was no problem.
Point 4: Why couldn't they put this in a PR?? Transperency?
During the three months ended June 30, 2015, cost of goods sold were $2,600,446 or 112.7% of net sales revenue. As indicated above in the discussion of revenue, we were not operating the factory at full production capacity during the second quarter of 2015. As a result, the cost of goods sold, which includes the cost of raw material components, direct manufacturing costs and an overhead allocation, was in excess of net sales revenue.
During the three months ended June 30, 2014, cost of goods sold were $13,176 or 81.8% of revenue. The cost of goods sold related to the manufacture of only filtered cigars and included the cost of materials, labor and allocated overhead.
Is it me, or is it weird that the relative cost is lower when there's very limited production in comparison with higher production... makes no sense? Could anyone ask tomorrow?
I do see it as an important aspect, as do others undoubtedly.
Doesn't look good... not at all.
We continued working on our submissions to the FDA for our modified risk cigarettes in development. We intend to submit to the FDA in the fall of 2015 an application for the FDA to accept and subsequently approve our BRAND A modified risk cigarettes made from our proprietary very low nicotine tobacco. If sufficient funds are secured for exposure studies, we also intend to submit in 2016 an application for the FDA to accept and subsequently approve our BRAND B modified risk cigarettes in development, which have an extraordinarily low-tar-to-nicotine ratio.
First it was "by summer" LOL
2,3 M. Not bad, I said after Q1 we should have at least 2M, so I won't complain, at least not on that part.
I find it rather funny that we almost have to search for an hour to find the right date for release of Q-results....
I think it's weird to see it down 50% whilst SP clearly didn't go up for a cent. This way we will never see a short-squeeze here :)
Where do you find this? Not yet on: http://www.nasdaq.com/symbol/xxii/short-interest
Not wise to spend money to (try to) increase investor awareness at a moment when we don't have enough numbers to back everything up. IF the next two quarters go well, THEN they should try to increase investor awareness. Now there will likely be quite a bit of investors, reading these few words, and thinking that's not close worth investing by the lack of numbers, and they might not look back at XXII anytime soon. Note: I'm not saying those investors rightly decide to not look at XXII for anytime soon, I'm just stating how an awful lot of people reason.
Interesting theory?
I don't care whether it's 1% or 5%; it's not wise at this point to spend money on these kind of things.
Because it's simply not wisely spend. Could've done much better things with it, this does not give us more people to buy red sun or magic.
It's pathetic they give away 20 000 USD!! for this.
I am well aware of that, yet that is not verifiable. I would love to see "our" brand on some list and/or sites.
I was looking, trying to find magic somewhere on a list of cigarettes sold in Spain, no succes.
Beneath, for Barcelona, Spain:
http://www.tobacco-cigarettes.com/index.php/english/precios/tabaco-rubio.html
For the UK neither, btw.
We should've launched in another country in Europe before July, I thought. Nothing happened.
No trade first quarter, yesterday also low volume (100K)
BTW, I thought XXII would be launching Magic in one more country in Europe BEFORE summer =)
I'm not quite sure whether you understand the CONSEQUENCES of those problems in EUROPE; it's not just about Greece.
Didn't henry say he saw XXII in the russell 2000 within 3 years? He has 2 years and a bit, and a hell of a increase in SP to go LOL