Too funny I brought this up a few here bought in to this idea. It's the one thing we have truly relevant to the times. Everybody in the Tobaccco biz must reavaluate where they are in redefining their product portfolio and 22nd Century has what they need !!!!!
Glad to see your still around. So tell me at 10 dollars a share we would probably be closer to a 600 million dollar market cap that. At 20 where we have the highest prediction your sitting easily over a billion MC. So maybe the price will be 15.That looks pretty good to me if your loading up at these pretty cheap prices.
I think 10 a share gives us roughly a 500 million market cap. given the long term prospects of the quality Brands and the diruptive technology and the possibility of entering into the Pot business that number is still conservative in my opinion.
The addition of the MSA to the XXII fundamental toolbox adds instant credibility and increased valuation overnight, especially in terms of a buyout - which I ultimately see happening. Too many coveted patents for Big Tobacco to overlook. Phillip Morris spent $300M trying to extract nicotine from the tobacco leaf, couldn't match the nicotine levels achieved in XXII's tech and destroyed the integrity and taste of the plant = fail.
A buyout at $1B would be cheap ~ $19/share. All jmho...