22nd Century Group Inc (XXII)

[2014shelby]

I listened to the cc. Mr. Mish used a lot of the right words including: first mover, comp advantage, more communications, pursue global/international opportunities, etc. Looks like PLS is still in play and possible expansion/focus on Cannabis, THC levels, etc. Overall, very good. Not sure of LT competitive advantage in Tobacco unless they switch to trade secrets vs patents since exp dates are coming up. Also, if VLN MRTP is approved and the FDA coins the phrase VLN, any TM or SM they have could prove valuable. They could also file for CIPs or focus on non-GMO. Given that, I think a possible 3rd new arm may be Organic or non-GMO disruptive technology. GLTA shareholders, especially the LT holders of 3+ years