22nd Century Group Inc (XXII)

[BrunosDad]

Tks for asking Brooklyn....If you watch the stock price upon Cliffs entry and exit it is quite clear that the market has an opinion about it the same as did I....First of all it was unexpected and delicious I mean the undertones were intoxicating to say the least given his former employment history and obvious relationships with BT it caused me (and many others I'm sure) to think that there could be something very big going on (such as an inside BT buyout for instance) my thoughts at the time were that as an insider of BT he was the perfect person to grease those wheels (based on price movement the street must have thought so to). There are many other reasons his entry as CEO was encouraging "I mean 20 years in the business is not chump change!" Anyway it was a watershed moment and IMHO the street liked it as did I....When he left for his self serving reason(s, (some that you listed) the stock price tanked) The pain on investors was so great that even mega tuff guys like you apparently were compelled to sell some or all of theirs positions and then of course Aurora ever in the back ground right on schedule with its nightmare which killed our balance sheet last quarter to the tune of 8 million plus if I've got my numbers straight. Let me circle the wagons here for a minute ...Cliff turned out to be a very horrible CEO and his actions contributed to a lot of harm to the stock price...all I ever wanted to know when I started this line of questioning "THANKS TO EYE ON THE PRIZES' ASSERTION THAT HE DIDN'T SELL HIS STAKE" was exactly what happened to his stake in the company both corporately and privately.

My point is that Cliffs behavior is highly suspect and untimely and at the very least inexcusably untimely and I don't swallow for a minute any of your potential reasons that you offered that would give him cause to change his mind so quickly ...leaving me and much worse "The street" wondering what he knows. He could have and should have waited until both FDA steps were completed. If he had such a weak conviction about leading this company then he never should have taken the helm. All I ever wanted to know was if he sold his shares or not if you know definitively whether he did please read form 4 and tell me what you make of it ...EYE says he didn't sell I say he did sell or was caused to sell 350000 shares IE sonwals post ref his hiring contract...As of the close yesterday I am down 22K and I don't want to lose the other 15K without knowing the details of why I decided to risk the rest of it and the basic answers to how Cliff was effected monetarily by his decision to walk out matter to me and the street....
What say you B?