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Star Scientific, Inc. (CIGX) Message Board

  • ebay4417 ebay4417 Jun 4, 2013 3:17 PM Flag

    Why I am long as many shares as I can possibly afford...

    Some have covered @ the lower prices but who ever owns the 31+ MILLION shares bet them that this co would go down in flames and they could cover at zero. With out AnataB that probably would have been the case.

    It turned out to be the perfect ambush against the shorts. Star WAS a tobacco co. trying to sell E-cigs while mired in litigation against big tobacco. A low sale product with no end in sight of litigation.

    What was accomplished over 10 years?
    1. They got all their patents validated all the way to the supreme court, millions in litigation cost forgiven, $5 million cash.
    2. They developed and put into place:
    a. A wholly owned research/testing facility staffed with top tier talent.
    b. A functioning production facility (e-cigs)
    c. A functioning marketing program
    d. A proven track record for obtaining patents 10+ years experience at that.

    Then WHAMO Anatabine citrate smacked them up side the head, they obtained the patent to synthesize it and then, the pure stroke of genius, they started marketing it as a neutraceutical dietary supplement. They pulled a play right out of Bill Gates book and made the entire world their Beta Testers.
    The shorts never saw it coming. The failure of the 13+ law suits seeking a lead plaintiff that could not have failed any more spectacularly was their last hope.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Just as we may have made a mistake in buying too early, the shorts may also make a mistake in covering to late. The mrky goes up and down and no one wins all the time.

    • Honest mistake by the shorts, given the nature of supplements. But let me be clear it was a grave mistake indeed.

    • While Anatabloc is obviously developing into a huge revenue opportunity for Star, Tobacco revenue is not out of the picture despite what the shorts want everyone to believe.

      Star exited the “Tobacco Products” business, but Star has not stopped pursuing Tobacco revenues via their Tobacco curing patents, as explained in the last 10-Q filing.

      “As of December 31, 2012 we ceased selling any tobacco products (including our Ariva ® and Stonewall Hard Snuff ® products). See Note 3 to our consolidated financial statements. While we have discontinued selling any tobacco products, we intend to pursue licensing opportunities for our patented tobacco curing technology and related low-TSNA smokeless tobacco products.”

      So why would Tobacco Companies care about lowering TSNA’s, or be interested in taking a license?

      BECAUSE THE GOVERNMENT VIA THE FDA WILL BE FORCING THE TOBACCO COMPANIES TO REPORT HARMFUL AND POTENTIALLY HARMFUL CONSTITUENTS IN THE NEAR FUTURE!

      Goggle - Harmful and Potentially Harmful Constituents
      to see what the FDA is doing.

      What will Star’s financials suddenly look like if just ONE Tobacco company signs a Tobacco Curing license, so that Tobacco company can report very low-TSNA levels to the FDA?

      The shorts will have a very very bad day if just one Tobacco company signs a Tobacco Curing license, which is why the shorts want to avoid this topic.

 
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