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Re: Big bucks post# 25176

Tuesday, 05/19/2015 2:15:06 PM

Tuesday, May 19, 2015 2:15:06 PM

Post# of 54998
Actually, at this point, the company has very minimal debt for a company just transitioning to a revenue-generating entity. XXII can turn profitable (overnight) with a licensing deal or one of their brands starting to catch on with consumers. Henry has 9 months before a need for additional capital. Hopefully by that time, the company has more cash reserves-whether from partnerships, strategic investment from BAT or another tobacco or pharma co, from sale of brands, private label manufacturing, etc-so no need for dilutive financing. Time will tell. XXII has a lot going for it so $1 seems like a great risk/reward. My average is $1.50, so I've been wrong so far.

(Is Mr. James still prohibiting insiders from marking open market purchases?)

As far as your concern for Joe on the Board, we all know the company is going through the motions until his time is expired. Not one mention of him on the conference call from either the company or investors, so you seem to be the only one still fretting over this matter.

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