DALLAS, March 25, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Star Scientific Inc. (Nasdaq:CIGX). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.beaconequity.com/i/CIGX
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Star Scientific Inc. (CIGX) engages in the development, implementation and licensing of its proprietary technology, which cures tobacco without substantial formation of toxins, especially nitrosamines (TSNAs). The Company intends to manufacture, sell, market and develop ultra low-TSNA dissolvable smokeless tobacco products, products designed to treat tobacco dependence and neurological conditions, including depression and other psychiatric disorders; Parkinson's and Alzheimer's diseases as well as other neurological disorders.
In the report, the analyst notes:
"The Company's immediate focus is on the production and sale of ARIVA and STONEWALL Hard Snuff brands, its dissolvable low-TSNA smokeless tobacco products. The Company established a new subsidiary, Rock Creek, with the intent to develop botanical-based products for the treatment of tobacco dependency as well as MAO-agent products for the treatment of certain neurological and psychiatric conditions, including depression and other psychiatric diseases, and neurological conditions, including Parkinson's and Alzheimer's diseases.
"The Company has devoted a significant amount of resources on its legal struggle with RJ Reynolds; the development of its low-TSNA dissolvable smokeless tobacco products, ARIVA and STONEWALL Hard Snuff; the licensing of low-TSNA products; the development of its Rock Creek facility; and its proprietary StarCured tobacco curing process. The Company's success depends upon favorable outcomes of the above-named activities. Though revenue from licensing royalties and smokeless tobacco sales has been minimal, the Company intends to continue its efforts in these areas."
To read the entire report visit: http://www.beaconequity.com/i/CIGX
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