22nd Century Group Inc (XXII)

[rightcoast1]

I don’t think Fleet ever really wanted to be CEO - I think the company was desperate and threw a lot of $ at him to convince to come aboard, but Fleet never really wanted another full-time position. I think his goal all along was to be on the Board, and he ultimately got what he wanted, unfortunately at the expense of shareholders. It was great (albeit Fleeting) while it lasted....sort of. Although was he still CEO when the company invested in Panacea? Still scratching my head on that transaction - and frankly any misplaced thoughts of acquisitions with the share price where it is. Company should be focused on VLN and finalizing a strategic partnership with another tobacco company, pharmaceutical and/or pharmacy to monetize the pending MRTP.