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Stock Market & Financial Investment News

News Breaks
April 1, 2014
08:13 EDTXXII22nd Century says eliminates $7.7M of warrant liability
22nd Century Group announced that it entered into warrant amendments yesterday with existing warrant holders to eliminate virtually all of the company’s “derivative warrant liability.” 22nd Century Group had previously issued certain warrants that contained anti-dilution provisions. As of December 31, 2013, the Company’s derivative warrant liability was approximately $3.8M. However, as a result of the 52% appreciation of 22nd Century Group’s share price in 1Q14, the company’s derivative warrant liability would have increased to approximately $7.7M by the end of 1Q14 if the company and certain warrant holders did not amend the warrants containing anti-dilution provisions.
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August 29, 2014
08:23 EDTXXII22nd Century partner enters into agreement with Smoker Friendly International
22nd Century Group announced that NASCO Products, LLC, a federally licensed tobacco product manufacturer and participating member of the tobacco Master Settlement Agreement, entered into a multi-year manufacturing agreement with Smoker Friendly International to produce the Smoker Friendly private label cigarette brand. Starting in January 2015, the SF brand of cigarettes will be made by NASCO Products in the Mocksville, North Carolina factory, which 22nd Century Group purchased earlier in 2014.
August 27, 2014
15:23 EDTXXII22nd Century attributes unusual trading to 'misleading and inaccurate' article
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10:13 EDTXXIIHigh option volume stocks
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