22nd Century Group Inc (XXII)

[Orion Nebula]

I don't know edge. First there is the $3 million. Then, as I read it, you get to sell them the tobacco and add a $100/m ton royalty to the price. If they got the full $25 million royalty at some point that is 250,000 tons provided at a profit independent of the royalty or why sell at all? So there is a profit margin on the sale as well. I do not know the profit margin on the sale. Maybe there is a premium because of the type of special tobacco that it is? I need to give this more thought. Maybe tomorrow.