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Thursday, March 17, 2016 12:11:18 PM
The MSA listing.
The Smoker Friendly deal which takes care of all overhead costs of running the plant.
The actual real production and sale of Red Sun.(This too was just an idea for years before Henry.)
The push with Magic in Europe.
The push with the FDA.
The numerous studies and the hiring of the right people to help with the FDA.
Quarterly revenue growth, year over year, is at an increase of 300,000%. Seems like progress to me.
I understand why many feel disillusioned by the current SP. The truth is that this stock should have never been up at 6+ bucks back then. Back when there was no revenue to speak of, when it was only ideas, patents and Pando pumping.
There are catalysts ahead, and Henry has proven himself by delivering all that I listed above. So, I'm happily picking up more shares here now after some time away. I hope that other longterm holders had a chance to make some money on the last 100% run a few months back.
We still have the patents and now have revenue over $10M last year. And are making serious strides with studies, FDA filings and launching Magic.
Anyways, if nothing else gives, I can see them working towards having full capacity at the plant, in order to increase revenue.
I do however believe that they are saving that capacity for the production of Magic and Moonlight. The central American crops also show what they are preparing for.
If I recall correctly, a few years back one of the major worries was having leaf, before that it was having a production facility. Well we got all of that, and a real product on store shelves across the country.
Seems like XXII is finally set up to pull the trigger on some of these opportunities that have been spoken of for years.
GLTA
Recent XXII News
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