Jun. 2 at 10:26 AM
$XXII $CHUC ’s proxy comment says a lot:
“As I reflect on the past year, I am proud of the progress our team has made to form the foundation of the future 22nd Century Group and position the company for long-term growth and success.”
As a shareholder, I struggle to reconcile that statement with the actual results delivered over multiple years:
• continued shareholder dilution
• destruction of market value
• repeated operational underperformance
• reverse split after reverse split
• no sustained profitability
Meanwhile, CEO compensation reportedly remains in the ~
$425K range.
At some point, accountability matters more than narratives about “laying foundations” for the future.
Public company leadership should ultimately be evaluated on measurable shareholder outcomes, not promises, presentations, or perpetual restructuring stories.
That was an expensive lesson for many of us.
$CHUC has leaders who actually take pay cuts and buy shares in the open market.
