working on it....................................
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HA! SAE"cry" was the 1st thing that came to mind when i started reading that. you obviously speak the truth as always. i hope others and new investors can see that your trying to inform them of SFIO s' potential here. if i could walk away from the pc i would:) but its exciting to see the future of the company unfold. even though the board has lots of nonsense. im guilty of contributing. but i do honestly believe this company is one to be in with for the long haul. GO SFIO !
hmmm. interesting. i was on that site last night buying a carton. surely didnt see it then..maybe a website error. equity feed is where the SFIO news i posted came from
i can only assume they wanna have some shares before the whole thing blows up. probably easier to bring it back to .04 from .08 then to .04 from .25? jmo. good luck with SFIO
this is how i see the SFIO news
Smokefree RE/AL Components Clears Customs Monday, Allowing Shopping Cart Operational in Next Few Days
LAS VEGAS, NV, May 18, 2011 (MARKETWIRE via COMTEX) -- Thomas Schroepfer, CEO of Smokefree Innotec, Inc.(PINKSHEETS: SFIO) an established international distributor of e-cigarettes, (http://www.sfio.us or http://www.realsmokefree.com) stated today that shipment of the Company's RE/AL e-cig finally cleared customs Monday, and is being packaged for the product launch now set in the next few days. In addition to Paypal, other payment options have been added to the company's web site shopping cart, to satisfy anxiously awaiting customers.
Mr. Schroepfer expressed his gratitude to the loyal followers of Smokefree for their patience, as the Company plowed its way through the financial and regulatory jungles to be able finally to deliver satisfaction to those wanting to enjoy e-smoking without vapor or tobacco. He added, "In light of the current company performance and stock appreciation, I trust they feel their loyalty has paid off."
In another announcement, George Roth, CFO, disclosed that Ms. Tammy Dunn has been added to the Board of Directors as a Director of the company. Ms. Dunn has over 25 years of executive experience serving in both public and private companies, including executive management, capital raise, acquisitions & mergers, business development, budgeting, forecasting, and operations.
About Smokefree Innotec, Inc: (www.smokefree-innotec.com): Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing hi-tech, nicotine and non-nicotine cigarette-like delivery devices which are completely smoke and vapor-free and tobacco-free. Smokefree Innotec's products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where vapor emissions are offensive or smoking tobacco or similar substances is prohibited. Further, our products will allow the smoker to enjoy smoking either nicotine or flavored non-nicotine cigarettes while not having to worry about the offensive dangers and ill effects of regular cigarette smoking. However Smokefree Innotec products are not intended for any prevention or therapeutic treatment of any disease.
A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. Such statements reflect the current views of Smokefree Innotec Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Smokefree Innotec, Inc. does not undertake any responsibility to update the "forward-looking" statements contained in this news release. Disclosures made in this Press Release are limited by good business practice and to that permitted to the public by applicable securities regulations, both Federal and State, including rights granted to shareholders under the Nevada Revised Statutes NRS 78.257 regarding limitations of preferential and selective disclosure of confidential Company information.
Contact:
Smokefree Innotec, Inc.
George Roth
CFO
+1 949-309-2778
Reflections on SFIO fundamental story
EliteYoda Share Monday, May 16, 2011 10:52:PM
Investors consume information about companies in order for them to succeed and find compelling valuations for stocks and other investment vehicles. I normally cannot help myself in ranting about obtuse articles of the day, outlandish and/or overtly negative posts or from the trading action I witness but in light of the recent events that have fundamentally changed the story for SFIO, I thought it would be nice to just give some of my own personal musings and perceptions about the company story and stock.
First of all, before rambling incoherencies, I wanted to bring attention to an older PR from the company in order to extend the fundamental analysis as well as giving some context and perspective on how we can explain the recent price action and potential for future price action in order for new investors who have not been around since inception to get a clearer understanding of how significant THIS week actually is for the success and earnings potential of SFIO.
It is helpful to realize the backdrop that in early 2009, the company set out (inception) the goal of producing the 'RE/AL' ecig and getting distributor contracts together quickly to start turning a profit. The entire year of 2009 was very productive as the product was designed and parts/labor were planned and produced in order to get the ball rolling of actually launching the product and starting sales. Indeed, at times during this time frame, the pps itself saw much speculation and the pps rose at one point to $0.50/share! However, it was clear by early 2010 that the company was going to have to jump over significant hurdles put forth by the FDA as regards regulation of 'drug devices' etc etc. SO, even though the company was planning on launching the 'RE/AL' way back in early 2010, they eventually decided to redesign the ecig, continue to build distributor contract agreements and focus on at least in the interim (while the FDA worked to ban ecigs) on the 'Smokers Option' product (which is another story). Basically, the link to the old PR below occured during that time, early 2010.
If you read through the company announcement, Jan 21 2010 :
http://www.smokefree-innotec.com/press-releases/smokefree-innotec-prepares-for-imminent-launch-of-smoke-free-alternative-in-usa
you will see that T.S. stated, 'The company projects to generate American gross product sales of up to $50,000,000 or possibly more in the first year based on negotiations with such distributors'.
Ok, lets take a pause and a breather right here and understand what we have learned. Basically the company is here giving you EPS GUIDANCE assuming certain distributor contracts were to take effect. Now because the company refrained from launching the 'RE/AL' in 2010 the financial report that came out in recent months for 2010 was rather sad; no surprise though the company did not make any money, well there was no product out in the market selling so it caused any investors who ever owned or knew about the name to just simply quit believing in the possibility that the company would EVER launch the product and begin making revenues SO the pps tanked and kept tanking throughout the year (whenever hope was in some way re-ignited, the pps spiked briefly for a day or two and then fell dramatically as the insiders sold shares and the MMs had their way with the pps in a VERY low volume environment).
So, here we are now, it is May 2011 and the situation has COMPLETELY changed --> the FDA lost the right to an appeal for the regulating of ecigs as drug devices and so the entire ecig market is wide open now. THEREFORE, SFIO early this year wrapped up its operations involving the redesign of the 'RE/AL' and after redesigning the web site to include a shopping cart the company is again FINALLY ready to launch the 'RE/AL' for REAL!
THIS IS IT FOLKS! THE TIME IS AT HAND! I think that many new-comers do not realize the backdrop of the fundamental story so they simply see some random penny stock that temporarily has some 'momo' and is 'hot' so they decide to snap up a few shares on their sisters recommendation and hold for a few days hoping for an uptick; this is very sad and without justice. For many who have invested heavily into the company since inception this IS the moment. The launch of the ecig is momentous. Let us just swallow our pride in whatever our conceptions of the company or stock were previously and realize that times have changed and this company is launching its product to market literally THIS WEEK! From this perspective it is OBVIOUS that the pps will sky rocket, it is known, it is expected.
It reminds me of all these geniuses I see on TV as of a few days ago screaming how 'oversold' the US dollar is and how the recent reversal and appreciation of the dollar will continue.. REALLY?! wow that is really short sighted. Remember what helicopter Ben said, actually looking at a broader view the dollar is just simply coming back down to levels from highs which were 'overbought' late '09 and '10, which means it is no surprise the dollar is getting hammered and will continue to decline, so what if the day traders 'see' that using all their 'indicators' they should buy the dollar instead of shorting it, whatever they are all fools.
Zoom out folks and take a longer term wider view point of the company and its stock. Lets get back to earnings guidance for SFIO. Basically, the CEO told us that with the contracts that they were negotiating way back in 2010 (not to mention new contracts since then) they estimate that sales for the ecig could be about $50M just for the USA alone!
Lets review our fundamental analysis and assume that ALL of the earnings that come in from overseas sales would be used exclusively to pay for operation costs, I think for the sake of guesstimations that this is fine (and actually rather conservative).
EPS->$50M/554M=$.09/share
P=M*E=(10)*(.09)=$0.90/share
Therefore, the company estimates that IF after a year duration, it can successfully produce and sell ecigs in the USA only based on the metrics agreed upon in some of their older distributor contracts then the stock would be trading easily at about $0.90/share!
I think that it is easy for those who know little about the company story or potential to wander by the SFIO day trading and hop in for a few shares at .06 and then see it go up 20% and take profits and then proclaim that the stock 'has already run up' and so there are no more profits to be had.. wow REALLY? that is extremely short sighted, I suggest you go and get LONG the US dollar! Good luck to you.
I do day trade but only commodities and currencies, I have stocks and other investments for which I have varying time horizons like 1 month to several months but for many of my speculation plays like SFIO, my time horizon is multiple years because I invest in those in order to eventually see for 'real' what the company can EARN, not just a speculative play on the future price movements.
If SFIO can deliver this week with news of an official launch and distributor contracts which imply certain sales metrics then WATCH OUT; I think the pps could easily spike to $0.25 or even $0.50 which is the price it reached back in 2009 when all investors then thought that the company was months away from actually turning a profit with the launch of the ecig.
I think most posters here who argue that $1/share is a ridiculously wishful level ARE correct. I do not think that before actual sales are recorded that the market will get so hot for the shares as to bid them up to such heights in expectation of such sales levels. However, do I think that the market given enough company publicity could reach half that level ($0.50/share)? Yes.
Lastly, I just would like to say that I have rather enjoyed all of the spirited debate on the SFIO story and potential during the past months/years. I think that each posters arguments should be taken seriously and that all opinions are valid and valuable. Of course, it is a different situation if a single poster keeps posting the same exact rants on SFIO time and again for no reason, especially negativism. But the conversations that give investors the clearest, best and most informative picture of the company is one which includes both sides of the argument, positive and negative; it is important for investors to listen to BOTH the angel AND demon on their shoulders.
Thank you to all who have either are now or at some point been a shareholder of the company, without shareholders vested in companies new technologies and business cannot and would not be so quick to get to market. Let us remember that SFIO has only been around for 2.5 years! This week the company is launching its product and will begin to turn a profit, this is it people!
There were penny stock investors in BIDU (Baidu) about 10 years ago who got in at around $0.40 to $0.60/share and then a year later sold out at multiple dollars per share making HUGE gains! Look at where BIDU is these days, this year high so far at $156/share; imagine if those same investors would have held until the high this year and sold out then??!!!!
I am sure many larger long term holders in SFIO will hold, as I will, for the long term story to materialize and for the company to announce earnings for 2011 sometime I suspect in March 2012. What many short term holders are forgetting is that IF it so happens that SFIO makes even half of what the company itself expects then it would still warrant a fair share price of nearly quadruple the current share price!
However, I understand that penny day traders have their own timings and plans for their capital so if you must get out at whatever price, may I suggest ramping out (no matter the size of your position) and sell 1/4, wait to see price movement, sell 1/4..etc etc. This way at least you may have the chance at being a part of the SFIO sky rocketing price appreciation that is to come with some part of your remaining shares.
Anyway, I wish all of the longs a prosperous week in SFIO and I wish all of the day traders good 'luck'. Hopefully the MMs will finally get it through their heads that the long term holders are just not selling, period. Are they crazy? Nope, they are the only ones who understand the scope of the recent fundamental shifts with this company and so are looking out to the hundreds of millions of dollars which will come SFIOs way once global sales with the ecig commence!
yaa. and no CSTI back then?
honestly!...if i knew the answer to that question, my day job would cease to exist lol:)
but the share price had appeared to bottomed on 4/25/11.
05/02/2011 0.0027 0.0029 0.0027 0.0028 7,925,057
04/29/2011 0.003 0.003 0.0026 0.0026 5,232,181
04/28/2011 0.0026 0.0027 0.0025 0.0026 3,974,177
04/27/2011 0.0023 0.0028 0.002 0.0025 29,567,252
04/26/2011 0.002 0.0021 0.0018 0.002 2,963,602
04/25/2011 0.0023 0.0023 0.0017 0.002 25,359,740
04/21/2011 0.0026 0.0026 0.002 0.0024 2,680,913
04/20/2011 0.0024 0.0028 0.0023 0.0026 5,786,560
04/19/2011 0.0028 0.0029 0.0022 0.0024 14,461,008
04/18/2011 0.0029 0.003 0.0027 0.0029 14,702,
so with record volume ($10 million dollar) and insane gains, it should only be expected to retrace. i think i read that the short interest was only 25% for the last few days combined? so obviously there was lots of profit taking. but not completely, or we wouldve seen this go back to .00s'
just my opinion...but hopefully the flippers just rebought more shares at lower prices to hold onto for longer term. you know $1,000 investment a week ago, would of made you over $20,000 in a week. so you have to assume some people wanna pocket some cash. i think that floating around the .04-.05 range says enough to know were looking good here. sure theres always the pump. but $10 million in volume for 1 trading day is more than i think the peeps here can produce? jmo.. SFIO seems to be a no brainer to me. but ive been wrong before:) id hate myself if i was right and not in on this one! time will tell.....
not yet. but i did light my cig backwards once or twice :) SFIO should put those worries behind me :)
this a a few years old, but may also help some new investors with what to expect investing with SFIO and to stay strong to what they own
How MM's do what they do.
1) MMs can be short because a bunch of buy orders come in that they don't have shares for but because they want the business they fill them anyways. This would help explain our 'short %' numbers.
2) It talks about how the MM may run the price up in the morning, then cover the rest of the day as the price falls. There was a fairly distinct trading pattern in CPRK that matched that about a month back. Richard kept talking about how this was dilution but the MM scenario makes more sense to me.
(UPDATED) Penny Stock Market Makers Who Are the Players in this Game
By Bill Panetta
Let Me Start off by saying this: Level 2 Does not have the same effect like it did 5 years ago except for OTCBB Stocks & Pink Sheet Stocks. What Do I mean By This? NASDAQ is all chart plays, level 2 has no meaning as it once did for NASDAQ Stocks, and too many games can be played now on level 2. Simply put if you don't know how to read the charts you will get killed on NASDAQ Stocks.
With all the changes on Level 2 Traders have been forced to learn TA, You could had a made a killing with level 2 before 2001 with out TA; I have witnesses that have proven this.
And when I make this comment I am talking about regular trading hours, after hour's different story. Bottom Line Level 2 does not have the same effect on NASDAQ Stocks that it did 5 years ago because of the New Super Soes Trading System being implemented in 2001 and along with 1 cent spreads, it was the worst thing NASDAQ ever did for traders IMO. The Traders from 5 yrs ago know what I am talking about.
Let's talk about the 2 exchanges where Level 2 has not changed and having level 2 is really important to your trading. I am talking about The OTCBB & PINKSHEET Markets.
If you learn how to read into Level 2 on the OTCBB & PINK SHEETS it will really enhance your trading. Let's break down the Market Markets.
There are 4 categories of Market Makers let's start by talking about the first one.
Retail Market Makers:
These are the market makers from very popular brokerage firms. They handle a lot of the order flow for small retail investors.
NITE: NITE
UBSS: Schwab (Not known as one of the good guys)
AUTO is being used by Ameritrade and Penson Brokers as an alternative to SBSH. if SBSH does not want the order flow he sends it to AUTO.
SBSH: Citibank
ETRD: ETRADE
BOFA: Bank of the American
Second Category: This is the list that you really have to master because these are the MARKET MAKERS that can kill a stock in a hurry when there are the sitting on right side of the box on Level 2.
HDSN: killed CKYS single-handedly
VFIN:
CGFL: new kid on the block for sub dilution
RBCM: Old CLYP. Has killed many sub penny stocks in the past to no-bid.
FANC: used to be a heavy S-8 seller. May show up once in a great while.
SSGI: aggressive on sub penny stocks
Third category: There are lot market makers in this category so I will break it down to who are the most important: These are some of the more friendlier market makers on the street.
DOMS: one of my favorites
MAXM:
VERT:
HILL:
SALI: can be a seller at times
JEFF:
FRAN: very friendly
ABLE:
QUIN: haven't seen him around much lately
VNDM:
SEAB:
MURF: getting active lately
STGI: getting active lately
VERT:
WDCO: can be a seller at times
PERT:
NIII:
BEST:
GNLN: nice to see him back again
EFGI: can be a seller at times
LAMP: LAMP the most dilutive POS ever (From 1geb)
Category 4: ECN MARKET MAKERS: Electronic Routes
these market makers are only used on OTC BB stocks. They do not work for pink sheet market.
ARCA: used a lot by promoters to sell stock
TRAC: rarely used any more taken over by EDGX
EDGX: new kid on the block
There are probably a few market makers that I left out or there will a few new market makers that show but for the most part these are the major players. Good luck hopes this helps.
Market Maker Speaks Out: Ways of a Market Maker
I was an OTC MM for about 10 years ending in the late 80's. Since then I have been strictly an investor. Since I have not been that up to date in MM rules I will only make statements that I feel fairly confident are still accurate regarding these activities. By and large most MM don't have a clue nor do they care to learn, about the fundamentals of the stocks they trade.
They just try to make orderly markets. When dealing with BB stocks it is very easy for a MM to get trapped into being short in dealing in a fast moving market. Reason being; most of the MM's in this stock are what are called "wholesalers" this means they don't have retail brokers "working" the stocks.
So they have to rely on what's known as the "call" from larger retail houses. If a "Big" retail firm like an E-trade calls up a market maker to purchase say 5,000 shares of a stock, they expect to get an "execution" from that market maker. If he turns them down, or only gives a partial then the "Big" firm will go to another MM.
If this second MM "fills the order" then that "Big" firm has a moral obligation to continue to give future "business" in that stock to that MM who performed (his life blood). This will go on until he "fails" to perform and so on.
Contrary to popular opinion the "Big" firms Do NOT neccessarily go to the "Low Offer" to fill a buy order (Or high bid for a sell). They "Go" to who they think will perform to fill the order and expect that MM to "match" the "low offer" in the case of a buy (bid in the case of a sell). Even though this MM might in fact be the "high bid" and not really want to sell any more.
As a wholesaler he must perform or he will get a reputation as a "non-performer" with the "Big" houses and will cease getting "calls" which means he will soon go out of business. I mentioned above that this activity is very significant to BB stocks. I say this because most of the trades in these BB stocks are "unsolicited" and are done through discount houses.
With the above groundwork laid, let me try to explain how market makers get short even if they like the Company; Lets say that a stock (shell) has been lying quietly at $.25 bid $.50 offered. A limit order comes into one of the MM's to Buy at $.50 for a thousand shares. Prior to this trade that MM may be "flat" (neither long or short any shares). He fills the order and is now short 1,000 shares. He may raise his bid hoping to find a seller to "flatten" out his position. But before he realizes it a wave of buyers have come in and cleared out all the $.50 offers. Now the stock is $.50 bid .75 offered. Here comes that "Big" firm he just sold the 1,000 shares to at .50 with another bid for 1000 at .75. He makes this print. Now he is short 2,000 at an average of .625. The market keeps moving and now its .75 bid 1.00 offered. Now he has to make a decision.
Just like investors, MM Hate to take a loss. So 9 times out of 10 he will now sell 2000 at 1.00 making him short 4000 but with an average .81. At this time he would love to see a seller at .75 so he can cover his short and make a few bucks.
But instead the market keeps moving up. Now it is 1.00 to 1.25 and here comes the buyer again at 1.25. He doesn't want to lose the call so now he needs to sell 4,000 at 1.25 to keep his break even point above the bid. Now he is short 8,000. Market moves up to 1.25 bid 1.50 offer here comes the buyer now he feels he must sell 8000 here because "stocks don't go up forever".
Now he is short 16,000. And so on and so on. If the stock keeps moving up, before he realizes it he could be short 50k or 100k shares (depending how big his bank is). Finally the market closes for the day and on paper he may look all right in that his "break even" price may be around the closing price. But now he has to figure out how to entice sellers so he can cover this short. It is important to note that if this happened to one MM it has probably happened to most all of them.
Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread.
Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight spread. Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon.
Hopefully after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will materialize thinking that the game is over.
Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short. They Short More. They usually try to cover after the frenzy is out of the market. There are many other techniques they use but the above are the most popular.
This technique works about 9 times out of 10 particularly in a BB market. However that is because 9 out of 10 BB stocks are BS. Remember what I said above. Most MM's don't have a clue as to the value of a Company until they get trapped. If the Company has solid fundementals and a bright future. Then the stock will do very well. And the activity that caused the situation will prove to even help the future stock activity because it created an audience."
Market Maker's Operating Procedure
The savvy long-term investors never chase stocks up. For the most part that is momentum players and daytraders where most of it or what follows is dumb money. Instead the long-term investors use a couple of simple strategies in order to position themselves. One is to find a stock no one immediately sees has huge potential and accumulate. Long-term investors are not interested in trading against the public mind or the dumb money. That's where the majority of the money can be made but even more can be made if the base of a stock is held extremely strong by investors. However the second is not to doubt the research which is the underlying basis for going long and holding.
More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest nitch charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
MMs follow a simple code of business when making a market in a stock especially an OTC BB. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $83 or at $0.23. All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action. Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see
The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get and the NASD is not going to do anything about it. They are merely making the market liquid is there reasoning.
The market makers have created an added complication to the OTCBB's chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB. That makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is surprise the MMs because instead of falling the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy campers. The investors and traders are supposed to be doing that not them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar mark or percent from where the stock started. Could be a penny in smaller priced securities? What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says some like "the weather is sure rough today." The MM along with the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag. This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling. The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage. Problem they have is long-term investors in the OTC BB. They start accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in to make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while. Of course, MMs aggressively deny any sort of collusion designed to fix quotes or spreads, but a recent SEC investigation tells another story. MMs have a vast resource of tactics and it would take probably more than my lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB arena? One answer is indirection trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB vs the MMs, if the MMs have all the advantages due to position or other factors, direct confrontation such as momentum or day trading hitting the stock is a definite death sentence.
However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position. This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company. Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin.
RAMO chart does look great! thanks for that
Ado...couldnt get that. could you try again please? thanks
lol. i know what that means.
i just spoke with a my rep from my health care provider. i asked if i were to quit smoking and used ecigs, if my premium would go down? he didn't even know what i was talking about. so im sending him some info on the matter so he can take to his underwriter. it seems like this is really just beginning to unfold to the publics eye. exciting times for the industry in my opinion. looking forward to all SFIO has in store :)
how do you sleep at night not thinking of how to move money around to purchase more SFIO? ;)
welcome Brud. should get exciting here in days and weeks to come
SFIO is real!
oh no worries at all:)
i was just thinking maybe i bought from somewhere else, instead of SFIO product. were good here:)
to say the least... how could it not be a multi bil market? its just a matter of time. ive been smoking for 17 years or something, and just tried a similar product 2 weeks ago, for the 1st time. it will go ballistic! and seems like SFIO is primed ;)
which website are you talking about. i orderd a carton of smokes from SFIO web link yesterday. it wasnt the "RE/AL" but i placed an order for the "virginas" is there a new address coming? thanks
Smokefree RE/AL Components Clears Customs Monday, Allowing Shopping Cart Operational in Next Few Days
LAS VEGAS, NV, May 18, 2011 (MARKETWIRE via COMTEX) -- Thomas Schroepfer, CEO of Smokefree Innotec, Inc.(PINKSHEETS: SFIO) an established international distributor of e-cigarettes, (http://www.sfio.us or http://www.realsmokefree.com) stated today that shipment of the Company's RE/AL e-cig finally cleared customs Monday, and is being packaged for the product launch now set in the next few days. In addition to Paypal, other payment options have been added to the company's web site shopping cart, to satisfy anxiously awaiting customers.
Mr. Schroepfer expressed his gratitude to the loyal followers of Smokefree for their patience, as the Company plowed its way through the financial and regulatory jungles to be able finally to deliver satisfaction to those wanting to enjoy e-smoking without vapor or tobacco. He added, "In light of the current company performance and stock appreciation, I trust they feel their loyalty has paid off."
In another announcement, George Roth, CFO, disclosed that Ms. Tammy Dunn has been added to the Board of Directors as a Director of the company. Ms. Dunn has over 25 years of executive experience serving in both public and private companies, including executive management, capital raise, acquisitions & mergers, business development, budgeting, forecasting, and operations.
About Smokefree Innotec, Inc: (www.smokefree-innotec.com): Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing hi-tech, nicotine and non-nicotine cigarette-like delivery devices which are completely smoke and vapor-free and tobacco-free. Smokefree Innotec's products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where vapor emissions are offensive or smoking tobacco or similar substances is prohibited. Further, our products will allow the smoker to enjoy smoking either nicotine or flavored non-nicotine cigarettes while not having to worry about the offensive dangers and ill effects of regular cigarette smoking. However Smokefree Innotec products are not intended for any prevention or therapeutic treatment of any disease.
A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. Such statements reflect the current views of Smokefree Innotec Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Smokefree Innotec, Inc. does not undertake any responsibility to update the "forward-looking" statements contained in this news release. Disclosures made in this Press Release are limited by good business practice and to that permitted to the public by applicable securities regulations, both Federal and State, including rights granted to shareholders under the Nevada Revised Statutes NRS 78.257 regarding limitations of preferential and selective disclosure of confidential Company information.
Contact:
Smokefree Innotec, Inc.
George Roth
CFO
+1 949-309-2778
SOURCE: Smokefree Innotec, Inc.
great post CJ thanks for putting SFIO into perspective
already $1.8 mil in volume :) SFIO looking great!
NEWS RIGHT HERE
Smokefree RE/AL Components Clears Customs Monday, Allowing Shopping Cart Operational in Next Few Days
LAS VEGAS, NV, May 18, 2011 (MARKETWIRE via COMTEX) -- Thomas Schroepfer, CEO of Smokefree Innotec, Inc.(PINKSHEETS: SFIO) an established international distributor of e-cigarettes, (http://www.sfio.us or http://www.realsmokefree.com) stated today that shipment of the Company's RE/AL e-cig finally cleared customs Monday, and is being packaged for the product launch now set in the next few days. In addition to Paypal, other payment options have been added to the company's web site shopping cart, to satisfy anxiously awaiting customers.
Mr. Schroepfer expressed his gratitude to the loyal followers of Smokefree for their patience, as the Company plowed its way through the financial and regulatory jungles to be able finally to deliver satisfaction to those wanting to enjoy e-smoking without vapor or tobacco. He added, "In light of the current company performance and stock appreciation, I trust they feel their loyalty has paid off."
In another announcement, George Roth, CFO, disclosed that Ms. Tammy Dunn has been added to the Board of Directors as a Director of the company. Ms. Dunn has over 25 years of executive experience serving in both public and private companies, including executive management, capital raise, acquisitions & mergers, business development, budgeting, forecasting, and operations.
About Smokefree Innotec, Inc: (www.smokefree-innotec.com): Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing hi-tech, nicotine and non-nicotine cigarette-like delivery devices which are completely smoke and vapor-free and tobacco-free. Smokefree Innotec's products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where vapor emissions are offensive or smoking tobacco or similar substances is prohibited. Further, our products will allow the smoker to enjoy smoking either nicotine or flavored non-nicotine cigarettes while not having to worry about the offensive dangers and ill effects of regular cigarette smoking. However Smokefree Innotec products are not intended for any prevention or therapeutic treatment of any disease.
A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. Such statements reflect the current views of Smokefree Innotec Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Smokefree Innotec, Inc. does not undertake any responsibility to update the "forward-looking" statements contained in this news release. Disclosures made in this Press Release are limited by good business practice and to that permitted to the public by applicable securities regulations, both Federal and State, including rights granted to shareholders under the Nevada Revised Statutes NRS 78.257 regarding limitations of preferential and selective disclosure of confidential Company information.
Contact:
Smokefree Innotec, Inc.
George Roth
CFO
+1 949-309-2778
SOURCE: Smokefree Innotec, Inc.
sure grabbed i loaded more this morning. i almost went to work ;)
NEWS!
lol "sell at school" ;)
jeeeez. i didnt even stop to think about how easy it will be to sell E-CIGS at school!. sad but true..... SFIO = $$$$$$$
i suppose i will be sitting around rolling my ow cigs too ;) maybe a little blend of SFIO and some sort of canabis science shiz;)
lol dude!!! thankyou..cant wait to get mine. im hoping to start selling em here at the bar and LQs small town. just another base imo. i dont stroke cow condoms cause i dont have the time:) but i love the milk when i got a SFIO E-CIG :)
whaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaat???????????????
no one (smoker cares about saving money!!!! duh!!!!
if that were the case we wouldve stop smoking before we started.,..if cigs were $40 A PACK! we will buy them!!!!!! obviously you dont smoke and dont get it......in NEW ZELAND cigs are a shit load.. i bring a couple cartons with me on surf trips and hook up all my boys, like im passing out indica or something...i dont drink coffee, but everyone around me spends $5 a day on 1 cup...get it?
people will have the option of bid sitting $38.00 or slapping $38.50
Reynolds American Inc (RAI)
05/17/201 38.599998 38.799999 38.549999 38.66 2,161,872*
if i ran the cig market i sure wouldnt want to loose it to the inevitable market. BUY OUT!!! just my thoughts. im smoking and buying all the way up :)
thanks socal. i happend to buy 100k at .0038 a couple fridays ago (i think) then bought more in the pennies and been loading up through .05-.07. took a little profit friday. but held the majority and continue to add. was able to do some homework over the weekend and realized where this was actually heading. if the CO was BS i could sell now and start my own line of the product. it will be sucessful with out a doubt! so since they have already laid the insane break through ground work ill ride this one till it has a CAMEL or MARLBORO label on it!! no worries here just adding when funds are available. thanks again :)
thank you for that post. much appreciated. i do smoke. and i could care less about spending $45 bucks on a carton of their product, if it helped me realize my investment potenial. it was not the REAL obviously, but a tangible product from the company will be on my doorstep soon. cant wait to try SFIO new ecig. thanks again
lol. i couldnt have said that any better. i hate second hand smoke! even my own..as does my friends and family. even the novice investor should see the potential with SFIO. just my thoughts . as im sure many other investors. we did like 10 mil in $ volume the other day..and still crushing $4 mil on a slightly bleeding day;) i IHUB isnt producing that kinda interest imo. big money. yehaw!! SFIO is going north!! just cant get enough shares if you know what i mean :)
absolutley! im gonna sneek outside right now to burn one. ordered a carton of virginas on SFIO website today. looks like they got that all figured out:) payment was easy and expedited shipping to 2 day. small price to pay when your investing thousands of dollars in the CO. but i cant wait till i dont have to go outside in sub zero temps in the winter. i dont think (non smokers) really understand what is really going on here. just my thought...this is inevitable!!! whether or not IHUB gives a shittt. this is our future...WAY before electric cars dominate the market. there are alot of peeps trying to save the world lol. but there are way many SMOKERS being BANNED!!!! i PROMISE YOU THAT!!!!!!! SFIO will run its course. the market for this type of product is better than coffee and legal heroin at this point ;)
thanks cj for all your efforts.
just got in yesterday. 25k @.025
thought it was funny i was the only trade and then today volume spike. obviously 10Q but am i missing something? or just tight asss share structure and interest? thanks :)
i hit the .059 for 15.5k and they made it red and bumped the ask to .089
MITD has significant changes about to be filed :) could get interesting. wish i snatched up all those .02s
EliteYoda Share Monday, May 16, 2011 10:52:58 PM
Re: None Post # of 23125
Reflections on SFIO fundamental story
Investors consume information about companies in order for them to succeed and find compelling valuations for stocks and other investment vehicles. I normally cannot help myself in ranting about obtuse articles of the day, outlandish and/or overtly negative posts or from the trading action I witness but in light of the recent events that have fundamentally changed the story for SFIO, I thought it would be nice to just give some of my own personal musings and perceptions about the company story and stock.
First of all, before rambling incoherencies, I wanted to bring attention to an older PR from the company in order to extend the fundamental analysis as well as giving some context and perspective on how we can explain the recent price action and potential for future price action in order for new investors who have not been around since inception to get a clearer understanding of how significant THIS week actually is for the success and earnings potential of SFIO.
It is helpful to realize the backdrop that in early 2009, the company set out (inception) the goal of producing the 'RE/AL' ecig and getting distributor contracts together quickly to start turning a profit. The entire year of 2009 was very productive as the product was designed and parts/labor were planned and produced in order to get the ball rolling of actually launching the product and starting sales. Indeed, at times during this time frame, the pps itself saw much speculation and the pps rose at one point to $0.50/share! However, it was clear by early 2010 that the company was going to have to jump over significant hurdles put forth by the FDA as regards regulation of 'drug devices' etc etc. SO, even though the company was planning on launching the 'RE/AL' way back in early 2010, they eventually decided to redesign the ecig, continue to build distributor contract agreements and focus on at least in the interim (while the FDA worked to ban ecigs) on the 'Smokers Option' product (which is another story). Basically, the link to the old PR below occured during that time, early 2010.
If you read through the company announcement, Jan 21 2010 :
http://www.smokefree-innotec.com/press-releases/smokefree-innotec-prepares-for-imminent-launch-of-smoke-free-alternative-in-usa
you will see that T.S. stated, 'The company projects to generate American gross product sales of up to $50,000,000 or possibly more in the first year based on negotiations with such distributors'.
Ok, lets take a pause and a breather right here and understand what we have learned. Basically the company is here giving you EPS GUIDANCE assuming certain distributor contracts were to take effect. Now because the company refrained from launching the 'RE/AL' in 2010 the financial report that came out in recent months for 2010 was rather sad; no surprise though the company did not make any money, well there was no product out in the market selling so it caused any investors who ever owned or knew about the name to just simply quit believing in the possibility that the company would EVER launch the product and begin making revenues SO the pps tanked and kept tanking throughout the year (whenever hope was in some way re-ignited, the pps spiked briefly for a day or two and then fell dramatically as the insiders sold shares and the MMs had their way with the pps in a VERY low volume environment).
So, here we are now, it is May 2011 and the situation has COMPLETELY changed --> the FDA lost the right to an appeal for the regulating of ecigs as drug devices and so the entire ecig market is wide open now. THEREFORE, SFIO early this year wrapped up its operations involving the redesign of the 'RE/AL' and after redesigning the web site to include a shopping cart the company is again FINALLY ready to launch the 'RE/AL' for REAL!
THIS IS IT FOLKS! THE TIME IS AT HAND! I think that many new-comers do not realize the backdrop of the fundamental story so they simply see some random penny stock that temporarily has some 'momo' and is 'hot' so they decide to snap up a few shares on their sisters recommendation and hold for a few days hoping for an uptick; this is very sad and without justice. For many who have invested heavily into the company since inception this IS the moment. The launch of the ecig is momentous. Let us just swallow our pride in whatever our conceptions of the company or stock were previously and realize that times have changed and this company is launching its product to market literally THIS WEEK! From this perspective it is OBVIOUS that the pps will sky rocket, it is known, it is expected.
It reminds me of all these geniuses I see on TV as of a few days ago screaming how 'oversold' the US dollar is and how the recent reversal and appreciation of the dollar will continue.. REALLY?! wow that is really short sighted. Remember what helicopter Ben said, actually looking at a broader view the dollar is just simply coming back down to levels from highs which were 'overbought' late '09 and '10, which means it is no surprise the dollar is getting hammered and will continue to decline, so what if the day traders 'see' that using all their 'indicators' they should buy the dollar instead of shorting it, whatever they are all fools.
Zoom out folks and take a longer term wider view point of the company and its stock. Lets get back to earnings guidance for SFIO. Basically, the CEO told us that with the contracts that they were negotiating way back in 2010 (not to mention new contracts since then) they estimate that sales for the ecig could be about $50M just for the USA alone!
Lets review our fundamental analysis and assume that ALL of the earnings that come in from overseas sales would be used exclusively to pay for operation costs, I think for the sake of guesstimations that this is fine (and actually rather conservative).
EPS->$50M/554M=$.09/share
P=M*E=(10)*(.09)=$0.90/share
Therefore, the company estimates that IF after a year duration, it can successfully produce and sell ecigs in the USA only based on the metrics agreed upon in some of their older distributor contracts then the stock would be trading easily at about $0.90/share!
I think that it is easy for those who know little about the company story or potential to wander by the SFIO day trading and hop in for a few shares at .06 and then see it go up 20% and take profits and then proclaim that the stock 'has already run up' and so there are no more profits to be had.. wow REALLY? that is extremely short sighted, I suggest you go and get LONG the US dollar! Good luck to you.
I do day trade but only commodities and currencies, I have stocks and other investments for which I have varying time horizons like 1 month to several months but for many of my speculation plays like SFIO, my time horizon is multiple years because I invest in those in order to eventually see for 'real' what the company can EARN, not just a speculative play on the future price movements.
If SFIO can deliver this week with news of an official launch and distributor contracts which imply certain sales metrics then WATCH OUT; I think the pps could easily spike to $0.25 or even $0.50 which is the price it reached back in 2009 when all investors then thought that the company was months away from actually turning a profit with the launch of the ecig.
I think most posters here who argue that $1/share is a ridiculously wishful level ARE correct. I do not think that before actual sales are recorded that the market will get so hot for the shares as to bid them up to such heights in expectation of such sales levels. However, do I think that the market given enough company publicity could reach half that level ($0.50/share)? Yes.
Lastly, I just would like to say that I have rather enjoyed all of the spirited debate on the SFIO story and potential during the past months/years. I think that each posters arguments should be taken seriously and that all opinions are valid and valuable. Of course, it is a different situation if a single poster keeps posting the same exact rants on SFIO time and again for no reason, especially negativism. But the conversations that give investors the clearest, best and most informative picture of the company is one which includes both sides of the argument, positive and negative; it is important for investors to listen to BOTH the angel AND demon on their shoulders.
Thank you to all who have either are now or at some point been a shareholder of the company, without shareholders vested in companies new technologies and business cannot and would not be so quick to get to market. Let us remember that SFIO has only been around for 2.5 years! This week the company is launching its product and will begin to turn a profit, this is it people!
There were penny stock investors in BIDU (Baidu) about 10 years ago who got in at around $0.40 to $0.60/share and then a year later sold out at multiple dollars per share making HUGE gains! Look at where BIDU is these days, this year high so far at $156/share; imagine if those same investors would have held until the high this year and sold out then??!!!!
I am sure many larger long term holders in SFIO will hold, as I will, for the long term story to materialize and for the company to announce earnings for 2011 sometime I suspect in March 2012. What many short term holders are forgetting is that IF it so happens that SFIO makes even half of what the company itself expects then it would still warrant a fair share price of nearly quadruple the current share price!
However, I understand that penny day traders have their own timings and plans for their capital so if you must get out at whatever price, may I suggest ramping out (no matter the size of your position) and sell 1/4, wait to see price movement, sell 1/4..etc etc. This way at least you may have the chance at being a part of the SFIO sky rocketing price appreciation that is to come with some part of your remaining shares.
Anyway, I wish all of the longs a prosperous week in SFIO and I wish all of the day traders good 'luck'. Hopefully the MMs will finally get it through their heads that the long term holders are just not selling, period. Are they crazy? Nope, they are the only ones who understand the scope of the recent fundamental shifts with this company and so are looking out to the hundreds of millions of dollars which will come SFIOs way once global sales with the ecig commence!
emotional roller coaster for many... the highs are HIGH and the lows are fuc@in# low.. but that sure has enabled us longs to accumulate a sh!t load, riiight? :) laughing all the way o the bank with you.. i think RAMBO is driving RAMO car ? pretty sure imo :0
EXACTLY!!! hello ed:) moving north bound soon..just hoping to add more before the POP! QSGIQ gonna leave lots of peeps in the wake IMO :)
you can always smack that .025 :)
for whatever its worth...(im loading the boat on the Q RAMO tomorrow:)
whats 2 or 3 cents on the dollars about to be put out? get in all of em:) ill buy drinks for the remainder of 2011 :)