10-05-2013, 12:10 AM
Movie, heree is a good intro article:
http://seekingalpha.com/instablog/897318...industries
Now, they did just license with the second biggest Tobacco company in the world (BAT). That's instant credibility for their technology (insofar as they still needed that), apart from upfront payment ($7M), and the likelihood of further payments and royalty agreements.
Now, the stock price went up and then went down on the news but this can be easily explained by the selling of their financing partner (which, after the BAT deal, they don't need anymore), which had 5M shares to sell since June.
Sooner rather than later, they'll be done and what effect that will have on the stock price I'll leave to your imagination..
http://seekingalpha.com/instablog/897318...industries
Now, they did just license with the second biggest Tobacco company in the world (BAT). That's instant credibility for their technology (insofar as they still needed that), apart from upfront payment ($7M), and the likelihood of further payments and royalty agreements.
Now, the stock price went up and then went down on the news but this can be easily explained by the selling of their financing partner (which, after the BAT deal, they don't need anymore), which had 5M shares to sell since June.
Sooner rather than later, they'll be done and what effect that will have on the stock price I'll leave to your imagination..