Feb. 2 at 8:58 PM
$XXII This dog traded
$100K today. Help me understand: who is buying this?? Better, WHY are they buying???
CEO has a perfect record: sales have declined EVERY SINGLE QUARTER since he was hired.
XXII has no investment thesis... and no plan to stop monthly losses.
Management has ZERO skin in the game... with salaries ranging from a low of
$350K all the way to
$450K... PLUS bonuses.
None of the executives have ANY tobacco or CPG experience.
Insurance settlement cash will last LESS THAN 12 months.
Common shareholders are subject to CONTINUED dilution... while preferred shareholders and warrant holders have anti dilution PROTECTION!