Feb. 25 at 3:53 PM
$XXII These clowns are STILL losing
$1MM/month. Their sales are LOWER than 24 months ago. Larry has absolutely no plan to save the sinking ship. (By the way, Larry's salary is 20% of XXII's ENTIRE market cap; and XXII executive comp is MORE THAN 40% of XXII's ENTIRE market cap.)
Here is what was approved in last week's proxy:
Dilution: New reverse stock split
Dilution: Variable pricing for PREFERRED Shareholders
Dilution: Anti-dilution provisions -- FOR WARRANT HOLDERS
Dilution: New Equity raise
Sadly, short selling XXII is the only investment thesis that makes any sense.