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Star Scientific (STSI -9.3%) falls lower in early trading with the sharp move being attributed...

Star Scientific (STSI -9.3%) falls lower in early trading with the sharp move being attributed to Reynolds American's (RAI -3.6%) Q3 report which didn't reveal any cash payments to the firm. Curious traders are anxious to get a handle on what the terms of a settlement between the two companies entails.
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Comments (3)
  • user418
    , contributor
    Comments (249) | Send Message
     
    ONLY A MATTER OF TIME
    23 Oct 2012, 10:45 AM Reply Like
  • silence_twain
    , contributor
    Comments (340) | Send Message
     
    I don't think the $5 million is worth all the dilution and legal fees over time. Does STSI even get to keep all that money or do they owe part to the attorneys?

     

    Reynolds 10-Q: On September 26, 2012, RJR Tobacco paid Star $5 million pursuant to a confidential settlement agreement resolving Star I and Star II. RJR Tobacco withdrew its Supreme Court petition in Star I on September 21, 2012, and Star I and Star II were dismissed with prejudice on September 24, 2012.
    23 Oct 2012, 11:17 AM Reply Like
  • Hiho999silver
    , contributor
    Comment (1) | Send Message
     
    I ordered cigrx on 9/13/12 . Confirmed order to me. Still have not received order and they don't answer e- mails. Yet they ship Anatabloc like a clock. ?????????
    7 Nov 2012, 12:21 AM Reply Like
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