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Justfactsmam

04/12/14 6:29 PM

#9795 RE: redwing992006 #9794

I wasn't there but Frankie said:

"An analyst from CHDN was there too.. not hiding... still reiterating their $9 pirce target."..

IMHO...the specific revenue in the initial quarter is not as important as the 6 month-12 month ramp up ...and MSA is still the fuse that lights up everything domestically ...

China...has nothing to do with MSA...hooking directly into Chinese tobacco ...would be a home run...(by-pass BAT on that) with its own joint venture.

The biggest Chinese investor in public companies inside and outside of China...is the Chinese Government via funding entities.

How much would the Chinese Government want to see their citizens smoking VLN/VLT cigs? ... and they have no FDA/MSA issues...very stream lined process "Do it immediately or else"...

IMHO ... rather compelling partner. A very smart move on management's part. Chinese tobacco invest in XXII ... XXII now a partner with Chinese cig co....XXII ships VLN/VLT leaves to Chinese cig factories...there you have it.