22nd Century Group Inc (XXII)

[rootus99]

The article was a 6th grader's attempt at a hatchet job. Wasn't worth the paper it was printed on and likely caused no one to take any action whatsoever with regard to buying or selling, although it may have caused a couple of newbies to check their DD.

The Company always has the ability to respond with its own written response to such spurious pieces which arise from time to time, but I believe it was wise that Henry did not respond to this one with his own PR because the article was such an obvious POS. I guarantee that better hatchet jobs will arise against us in the future and Henry needs to save his bullets for them.

The decline in PPS has nothing whatsoever to do with the article IMHO, as we are in the frying pan with a bunch of other speculative issues, all of which have run up rather nicely over the past months, and we are in the midst, I believe, of a rather significant market correction, as I stated last week. In these situations, speculative issues get hit the earliest and the hardest. Although we have held up rather nicely thus far today.