Oct. 1 at 5:55 PM
$XXII Three years after FDA authorization, XXII management still has not figured out how to sell VLN. Outside of XXII shareholders, ZERO percent of American smokers know what VLN is. ZERO stores sell the product profitably. Same store sales have increased ZERO percent over the last three years.
You might want to take a look at
$CHUC. Former XXII CEO Henry Siciano is president of
$CHUC.
$CHUC sells tens of millions of dollars of its alternative (to cigarette) products. CHUC is growing. AND profitable!
The stock is up 1,000% in the last six months.
Fill disclosure: I lost more than
$500K on XXII... I've made back more than
$250K on
$CHUC... So far!