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As an investor, the ideal scenario is to find a small company with a new product or technology before it manages to stake a good sized claim in an enormous market.

There is no shortage of "story" stocks that have oodles of potential but limited credibility.

22nd Century Limited (OTCBB:OTC:XXII) is a small cap company that offers that kind of potential and has credibility. There is evidence of this credibility in a recent deal that 22nd Century just finalized with British American Tobacco (BTI), the second largest tobacco company in the world.

Multinational conglomerates don't often make high seven figure upfront payments for license agreements with micro-cap companies unless they truly believe there is something unique...

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