Jun. 22 at 5:43 PM
$CHUC I'll say this: Ryan and Henry have been extremely shrewd about the Company's capital structure. Other companies with whom Henry was once affiliated (
$XXII,
$TOON) buried (i.e. massively diluted) common shareholders with WARRANTS... most with anti-dilution protection. Henry HATES warrants and "anti-dilution" protection. (I have heard him speak on the topic several times.) Though CHUC has not (and cannot) promise a straight line up (in a market where FDA vagaries seem to change as frequently as the wind), the Company has been extremely transparent, 100% alligned with the interests of common shareholders, and squarely focused on strategic initiatives that will, I believe, lead to a big tobacco buyout. Altria (
$MO) paid
$2.75 billion for Njoy.... I think CHUC is headed for
$6/share (
$1.8 billion marketcap).
