May. 19 at 4:50 PM
$XXII Larry is burning
$1MM/month; the Company is defending bushels of lawsuits; they are measuring sales in terms of single PACKS... it’s only a matter of time until XXII is, at last, delisted from the Nasdaq. At least XXII is upfront about the catastrophe they have become: "We have a history of losses, and we expect to incur significant expenses and continuing losses for the foreseeable future and there is substantial doubt regarding our ability to continue as a going concern."
On the other hand,
$CHUC has very little debt, ZERO warrants, and a clean cap table. Management and BOD have invested heavily in
$CHUC stock in private placements and open market purchases. Unlike the fraudsters at
$XXII, CHUC executives eat their own cooking. Ryan and Henry are pros… highly experienced in tobacco/nicotine industry, FDA matters, and microcap management. This summer
$CHUC will test market America’s first “age gated” vape. If all goes well, I’m guessing we have Big Tobacco offers by year’s end.
