22nd Century Group Inc (XXII): Why is this bad news? They stopped p...

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22nd Century Group Inc (XXII)

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Re: CCBA post# 23108

Saturday, 03/07/2015 1:28:25 PM

Saturday, March 07, 2015 1:28:25 PM

Why is this bad news?

They stopped paying Puff severance "for cause." That saves the company money. Plus any countersuit victory may yield more cash for XXII (?) Seems like the only one that is going to suffer here is Puff with out-of-pocket lawyer fees fighting something he probably won't win. I trust in Tom James and his legal decisions here. That said, its time that could be spent on more productive initiatives..and Puff's ego has hindered the value of his own XXII's shares, of which he owns a mountain of.

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