22nd Century Group Inc (XXII)

[Frankieshops]

I consider henry the type of guy who is in this for the long run. He sold off Am. Spirits for hundreds of millions once upon a time.

I guess my question regarding a buyout is who needs it if we have the global market cornered and the patented technology to make the only true earth-to-paper "light" cigarettes in the world?

*side note (related- please don't delete)*
There is another company from Buffalo called Athenex in a very similar position. They believe they have the cancer treatment market cornered so they don't consider themselves a takeout target anymore; but rather a potential contender in the global market space.
I see XXII and Athenex (formerly kinex) in almost identical expansion scenarios. A takeout at these levels or anything less than our 6.36 ath would be devastating for longs.
I'm looking for multiples on my money and that is why I'm still here.

Bottom line, I bet Henry doesn't want a buyout...
Xxii (and the FDA) vs. Big Tobacco: David vs. Goliath