22nd Century Group Inc (XXII)

[BrunosDad]

Well Shelby certainly nothing that I approve of except moving our process through the FDA. What we've got here is a front row seat on watching what happens to a companies share price when their managements timing is off and/or when they get too aggressive.


1. Our Aurora Canibus warrants were poorly timed and just plain reckless to leave those hanging out there although they may pan out (I do have my doubts) given Auroras crashing stock price and our lock step linkage to their stomach churning daily stock price macerations (IE they go up we go up and vice versa) check it for yourself.... those warrants are the reason IMHO

2. The purchase of Panacea may ultimately be a good move (if I could have voted on it I would have said noway) but the timing was just inconceivable given the headwinds we were facing at the time and the dropping share price if they were hell bent on buying this outfit they should have phased it in over a longer period of time or walked away. Again more bad timing and reckless gambling IMHO....I hope I'm wrong but imagine the pressure on our stock price if they don't do well I shudder to think about it

3. Cliffs leaving was a big thing too which I have spoke ad-nauseam about already ...yet another massive timing error

I could go on but these glaring moves have not been missed by the street either and in a way I share your view about management but only with a slight twist and that is I wish that they would STOP doing things