22nd Century Group Inc (XXII)

[ACanJadaS]

At $2.42 the fully diluted market cap is $80.66M. Less than 80% forward guidance on revenue.

If the question is fail or not fail and you think the company can't survive one more year before being cash flow positive, or doesn't meet that goal... then yea, it is a fail.

I think they will survive, personally, however will continue to have to dilute shareholders until then. Thats why I look at fully diluted MC.

Risky investment at this point though. See where it settles.