22nd Century Group Inc (XXII)

[BrunosDad]

Love this post! Personally I need about $2.75 SP to get even currently (20k plus underwater) ...you are telling my story with this investment but the passion and stories about your family (and probably friends too) really lays bare the real human reason that there needs to be a new way for people to wean off cigarettes.....as for why SP is at this level other than way back when we lost FDA director Gottileb?

1. Loss of 2 CEO's
2. Schedule delay in nicotine rule change by FDA
3. Overall collapse in the value of the Marijuana sector
4. 11 or 12 million or more (est) in losses associated with our warrants with Aurora Cannabis (ACB)
5. Announcement that we are buying Panacea Life Sciences for as much as 24 million (nice timing) NOT!

These are the obvious things that are weighing on share price and there are likely others like high short percentage and outright manipulations IMHO by MM for instance.

When we get our approval to not only sell but how we are allowed to advertise Moonlight (hopefully soon) from the FDA we should see a decent bump in SP in the short term (at least $1) but remember there is a lot of technical damage done to our SP as well as the things I listed above so it might take awhile to gain the full benefit of that development (assuming it happens) and I believe it will. However a recovery of the legal marijuana sector is the real elephant in the room and can't be overlooked what with our Panacea and Aurora exposure and recent announcements about company direction ...so when we see a recovery in that space our share price will be helped, god I hope so......all just my view GLTA