22nd Century Group Inc (XXII): I re-read the research report. The autho...

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Re: None

Friday, 01/10/2014 9:46:15 PM

Friday, January 10, 2014 9:46:15 PM

I re-read the research report. The author did a pretty good job but was pretty conservative. One thing not mentioned at all for 2014 is the expected resale of tobacco equipment that is expected to reduce the outlay of the equipment purchase from $3.2 M to about $700k as I recall. If that happens, the benefit by my quick calculation is about $1.39/sh in 2014.

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