Replies to post #3094 on 22nd Century Group Inc (XXII)

[Orion Nebula]

Yes the warrants are still a drag on the company. But the notes payable and the convertible notes have all been paid in full from what I can see. That eliminates an obligation of about $3 million.

[umiak]

Warrant exercise – On October 3, 2013, the holders of Series A Warrants exercised on a cashless basis 264,319 Series A Warrants with an exercise price of $ 0.60 per share resulting in the issuance of 151,755 shares of the Company’s common stock.