22nd Century Group Inc (XXII): I'm not sure if there are outstanding wa...

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22nd Century Group Inc (XXII)

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Re: perker post# 6237

Tuesday, 02/25/2014 10:16:06 AM

Tuesday, February 25, 2014 10:16:06 AM

I'm not sure if there are outstanding warrants out there among outside investors - possibly. I've been an investor in XXII for years and exercised our warrants a couple of months ago for additional shares. The offer a few days ago that came in from an institutional investor via Chardan was to purchase our restricted shares (locked up for 6 months) at a discount, i.e. to cash us out of our lockup. Not sure what the uptake was, but the offered price was about 1/2 of the current share price.

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