RE: XXII from streamingeagle88 - streamingeagle88 - 08-01-2013
A double in 21 trading days. Smokin'.
And I am now a 2. Thank you. Up is always fun.
RE: XXII from streamingeagle88 - admin - 08-01-2013
Well, you've earned it. Thanks for attending us to this very interesting company.
RE: XXII from streamingeagle88 - Movieguy - 08-07-2013
So the stock shot up for a few days and now has dropped back down. I have no idea why. Any thoughts?
I realize this stock has a GREAT story, and that is why I have opened a small position. But what is the catalyst to turn the great story into a valuable stock? In reading the history I do not understand what will send this stock shooting higher in the near future as opposed to a year ago, or 5 years ago or whenever? Can anyone enlighten me?
RE: XXII from streamingeagle88 - admin - 08-07-2013
There are at several possible catalyst (selling low nicotine cigarettes, cessation aids, licensing) although the timing of which matters as they might need more financing, which would depress the price
RE: XXII from streamingeagle88 - admin - 08-07-2013
Rumor has it that the latest 'How To Find Big Stocks' newsletter has a large exposé on XXII. For the price of one share you can take a yearly subscription, here.
RE: XXII from streamingeagle88 - Movieguy - 08-07-2013
Thanks, Admin.
RE: XXII from streamingeagle88 - admin - 08-07-2013
From 2010 to 2011, e-cigarette use in the U.S. doubled, according to the Center for Disease Control.
You may see your co-worker smoking one at her desk, or you may see the passenger on your flight in Seat 3F smoking the vape.
There are, of course, concerns regarding the safety of e-cigs and even whether or not they're "cool." But nonetheless, it's a huge market that e-cig startup V2 has tapped into in just three years.
V2 has steadily grown its revenue since debuting in 2010, V2 CEO Andries Verleur tells Business Insider.
In 2012, V2 brought in $50 million in net sales. This year, V2 is on course to bring in about $80 million in revenue. But if things continue to go well, the company may surpass $100 million in revenue, Verleur says. If things go really well, they may even hit $120 million.
Moving forward, V2 wants to expand its business into the offline world, Verleur says. Right now, it makes most of its money online. Offline sales only account for about 20% of the business. By 2014, V2 wants its offline sales to outpace the growth of its online sales.
Even though V2 is doing well, it's not even the biggest player in the growing e-cig space. This year, e-cig companies are expected to bring in more than $1 billion in revenue. By 2015, it's expected to become a $3 billion market by 2015.
Blu Cigs is the top brand with about 40% of the market share. In just the first half of 2013, Blu Cigs generated $114 million in revenue for Lorillard, its parent big tobacco company.
Startup NJOY is also a big player. It recently raised $75 million from Facebook billionaire Sean Parker and others.
RE: XXII from streamingeagle88 - macberry - 09-19-2013
Streaming, thoughts on today's acquisition? Here is the PR.
22nd Century Group, Inc. (OTCQB: XXII) announced that the company and NASCO Products, LLC entered into a definitive and binding agreement for 22nd Century Group to purchase NASCO Products. NASCO Products, a federally licensed tobacco product manufacturer, is also a participating member of the Tobacco Master Settlement Agreement known as the MSA, an agreement among 46 U.S. states and the tobacco industry administered by the National Association of Attorneys General (NAAG).
The purchase price for the NASCO acquisition is $1 million payable in a combination of cash and equity. The purchase agreement also contemplates that 22nd Century will enter into a management agreement and a sales agreement at closing with an affiliate of NASCO Products. In addition, 22nd Century will purchase cigarette manufacturing machinery for approximately $2 million.
Upon closing, which will take place immediately following NAAG’s consent of the acquisition, NASCO Products, LLC will become a wholly-owned manufacturing subsidiary of 22nd Century Group. Current president of NASCO Products, Ralph Angiuoli, will be part of the management team of the new 22nd Century Group subsidiary. Mr. Angiuoli, former President and CEO of RJ Reynolds Tobacco Company, is a 30-year veteran of the industry.
Barry Saintsing and Ralph Angiuoli Jr., owners of an affiliate of NASCO Products, will also join the 22nd Century management team. Mr. Saintsing was formerly with RJ Reynolds Tobacco Company for 34 years and retired as Master Product Developer. Mr. Angiuoli, Jr. was also formerly with RJ Reynolds as a sales and marketing representative. Joseph Pandolfino, CEO of 22nd Century Group, explained, “Having the NASCO Products team aboard will be of tremendous benefit to 22nd Century Group by facilitating the production and distribution of our products in the United States.”
Goodrich Tobacco Company, the distribution arm of 22nd Century Group, has thus far utilized contract manufacturers that are not members of the MSA to produce the company’s cigarette brands. Henry Sicignano, President of Goodrich Tobacco, explained, “We intentionally have delayed expansion of the marketing and distribution of our brands in the United States since the more product we sold, the more difficult and expensive it would be to become a participating manufacturer of the MSA. 22nd Century Group owning NASCO Products resolves this issue.” Upon NAAG’s consent of the acquisition, 22nd Century will move forward with widespread distribution and sales of the company’s brands throughout the United States.
Mr. Sicignano added, “We look forward to obtaining consent of NAAG for the NASCO Products acquisition so that our super-premium brands, RED SUN and MAGIC can be sold under the MSA.”
22nd Century also produces a research cigarette, SPECTRUM, for the U.S. government that is distributed under the direction of NIDA, a component of the U.S. National Institutes of Health. The SPECTRUM product line includes a series of cigarette styles that have a similar “tar” yield but varying nicotine yields over a 50-fold range – from very low to high – due to different levels of nicotine in the tobacco. No other company in the world is capable of producing cigarettes with such a wide range of nicotine content. SPECTRUM is not a commercial cigarette but is strictly for research purposes. 22nd Century has delivered approximately 12 million SPECTRUM cigarettes and has recently received a purchase order for another 5.5 million SPECTRUM cigarettes which equates to 275,000 packs of 20.
RE: XXII from streamingeagle88 - macberry - 09-19-2013
Expert from another article re: the acquisition.
On the smoking cessation side of the business, this summer 22nd Century received a new order for 5.5 million Spectrum brand cigarettes from the federal government as part of a five-year, $9 million contract with the National Institute on Drug Abuse within the National Institutes for Health.
Is this new news or was it known? Seems significant - could it spell the end of the nasty financing that XXII has been known to undertake? (The only reason i am not in yet, which may change soon)
RE: XXII from streamingeagle88 - admin - 09-19-2013
Yes, this is highly encouraging. The waiting is for them to conclude the licensing deal with a big tobacco company, but the fact that they have unique IP should be very favorable for this stock. People might want to (re)read:
http://seekingalpha.com/instablog/897318-vangorilla/1471471-xxii-set-to-disrupt-several-multibillion-dollar-industries
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