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Tuesday, July 07, 2015 10:04:17 AM
regarding XXII and certainly thought provoking regarding present management and the depressed share pricing of the company.
"The prior CEO was removed due to issues that are now being dealt with in court. That creates uncertainty that the market didn't like. In the long run, the removal was a good thing".
Removing the CEO JP at a very critical time in the young life of this upstart XXII was not the most advantageous course to take by the BOD. With the s/p of XXII down 71%, how can anyone state that removing JP was a good thing?
"Red Sun didn't get it's proper launch until recently."
All one has to do is view the Red Sun area of the XXII website and see the lame attempt in the early promotion of red sun by what appeared to be amateurs at best!
"Magic didn't get released in the EU until recently."
And who will take responsibility for the delay?
"The FDA has been the wild card here more so than China and, based on the research being done at NIH, the company may not have to fork up a lot of dollars to do duplicate research. Time will tell on that. I'm hoping they simply incorporate rules allowing the packaging to tout low nicotine cigs"
Does anyone know exactly what is involved in the lengthy and very costly endeavor in the process of clinical studies? Where is the FAR EAST (Japan-China CNTC) deals that have been touted for some time after bringing TP with his connection on board to promote XXII's products. The silence is deafening to state the least!
"The prior CEO still sitting on the board doesn't sit well with those that don't understand he can't be removed until his term is up."
The above needs no other comments other than the timing of this coup could not have come at a worse time in the young upstart life of XXII. Nothing like having a lynching of the CEO by keeping him and all investors hanging in the wind post dump.
" Follow the quarterly from this point on and look for increasing revenues. That in itself will move the stock back up."
Let us all hope that the revenue stream from sales will increase dramatically from the previous quarter.
Recent XXII News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/04/2024 09:00:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 08:05:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 10:08:59 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 09:22:05 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 05/10/2024 04:15:19 AM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 05/09/2024 08:30:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 09:30:52 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 09:10:59 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/25/2024 01:30:13 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/09/2024 01:04:11 AM
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