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Re: newmedman post# 1456

Wednesday, 04/25/2012 6:40:40 PM

Wednesday, April 25, 2012 6:40:40 PM

Post# of 1606
This is not a threat to the business. Lorillard is jumping in with both feet. Two weeks ago NJOY secured a $20 million investment from a serious and prestigious private equity fund. These two events validate the business and the technology. But. the big tobacco companies will not touch a company that has patent litigation hanging over its head. This is critical- the Blu Cig settlement was a condition to this deal going down. This is good news for the industry and good news for Dragonite.