All of SFIO's previous dealings in the E-Cigarette industry were ceased in 2011. The stock was locked and had no movement until January of 2019. Further updates are below:
New info as of 5/24/2019
Application for Appointment of Custodian [NRS 78.347 (1)(b)]
On or about July 23rd 2019 custodianship was granted to Universal Management Corporation. Their main form of communication has been on Twitter as well as updates to Nevada SOS.
On or about September 18th 2019 the Nevada SOS updated the following:
New President: Bernard Rubin
New Treasurer/Secretary: Richard Thomas
Both with an address of: 19109 West Catawba Ave, suite 200, Cornelius, NC, 28031, USA
First bit of news to hit! - https://www.businesswire.com/news/home/20190925005087/en/
September 25, 2019 08:45 AM Eastern Daylight Time
Publicly-held Smokefree Innotec, Inc. (OTC Pink: SFIO) announces the completion of the reverse takeover by Betta4u Brands Inc. and confirmation of SFIO business model shift to the health and wellness retail products market.
“The focus and strategy going forward in the coming weeks will be to bring the status of the company current with OTC Markets, and begin to reveal existing contracts and revenues as well as the strategy for growing the business model exponentially with planned acquisitions,” stated Bernard Rubin, Chief Executive Officer. “We have received several new contracts with national brands that we will be announcing in the coming weeks and I’m especially excited about these new contracts will mean for our future revenues.”
Betta4U Brands Inc. announced the acquisition of high pH alkaline bottled water company NEO Water in February, 2019. The acquisition leads Betta4U's target of $100 million in annualized revenues from a growing and expanding portfolio of beverage companies to be acquired over the next 24 months. The acquisition of NEO Water was comprised of primarily cash and stock.
Read More: https://www.businesswire.com/news/home/20190925005087/en/