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RichardTed - that is an interesting theory.
I always thought of the ATC as sort of the Starbucks of its time. Monopolize and kill/absorb all of its competitors. I believe that the People's Tobacco Company held out for as long as it could as an independent manufacturer of tobacco, and it suffered for it. To this day there is very little information about the company, and you see virtually nothing on their products from ephemera to advertising.
I think that the low production run of their products coupled with the location of distribution (Louisiana) makes all of their cards extremely difficult to find.
Are any of your cards with the Mino or Virginia Extra back?