Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

Both you and Chance are correct, I believe. Let's copy into this posting a paragraph from the source you referenced:
The U.S. Food and Drug Administration, which announced the regulations in May, will allow e-cigarette devices introduced before the regulations came into force to be sold for up to three years while companies apply and await regulatory review.

So, on the one hand, there truly is grandfathering of products introduced within a time-window, but, on the other hand, that grandfathering will be for only a limited period ("up to three years").

You would argue that three years might as well be a lifetime in terms of penny stock horizons.

Incidentally, this was all covered by guidance that the company issued to its dealership community, and I believe that Hostastock shared this guidance with this board several months ago. If I can find a few minutes, I'll go looking for it and bring it back up here for everyone to mull through.