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Buyout?
If we were to get bought out by a larger company (such as a tobacco company), what would happen to our shares and the stock price? Does anyone have any idea if this is likely to happen due to our patents?
Can someone sticky note the financials I found?
Here are SFIO Financials up until June 2010. SFIO posts twice a year.
http://www.otcmarkets.com/stock/SFIO/financials (Website I got it from)
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=35767 (Financials)
Yes, I mean sure we have greater liabilities than assets, but that is because we are a development staged company, we are putting money into the company to increase assets and revenues in the future. Our liabilities currently are greater than our assets, but not for long! That growth rate is very positive, all investors need to see that!
A significant amount of growth for SFIO's sales from December 31, 2009 - June 30, 2010. Total Assets up from $36,349 to $518,065.
I found Financials!! Semi-Annual Report of 2010 for SFIO, filed JUNE 2010
http://www.otcmarkets.com/stock/SFIO/financials (Website I got it from)
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=35767 (Financials)
Word is that SFIO posts their earnings once a year. Does anyone know where the 2009 financials are? I can't seem to find them online. Does anyone have a link?
Will be buying more tomorrow, finally freed up some more powder. I just hope I can get in on a dip early, before we blast off again.
http://www.realsmokefree.com/gb/pages.aspx?pageid=14
Same company. Just refer to themselves as SFI in this statement. They are traded under SFIO
SFIO Mission Statement: (THE LAST LINE IS KEY)
Smokefree Innotec (SFI) will facilitate the “smart smoker” overcoming the increasing limitations on the smoking environment and subsequent restrictions of her or his own social situation.
SFI aims to provide the World, for the first time ever, a tobacco free alternative that will give the same enjoyment to a “smoker” without producing the smoke that could bother others, while still being able to enjoy her or his desired amount of tobacco flavour and nicotine, evaporated in warm air and aroma, without having to change her or his usual smoking habits.
Provided the investment that the management deems essential to achieve its goals will be in place, SFI expects to become a major player in the 1.8 trillion dollar market of smoking products and alternatives. A billion dollars turnover five years from launching is the goal that SFI will try to realize.
NEWS!!!
Smokefree Innotec Receiving Offers From U.S. Distributors; Production of Filters Ramping Up to Meet Demands
Smokefree Innotec, Inc. (USOTC:SFIO)
Intraday Stock Chart
Today : Monday 13 December 2010
Smokefree Innotec, Inc. (PINKSHEETS: SFIO), an established international distributor of e-cigarettes (http://www.sfio.us or http://www.realsmokefree.com), announced today through its President and CEO Thomas Schroepfer, that "the Company is receiving offers from distributors in the U.S. market for its for nicotine and non-nicotine products, on the heels of the U.S. Court of Appeals for the DC Circuit affirming a lower court's decision that the FDA was wrong when it blocked a shipment of e-cigarettes from entering the U.S. in 2009; rather, they are to be regulated simply as tobacco products. The Company had already begun its marketing program for sales and distribution in the U.S. marketplace for its domestically produced non-nicotine product lines, and our attorneys are working to have the company do what is necessary for SFIO to comply with tobacco product regulations for its nicotine products from abroad as well as domestic production currently being set up."
Mr. Schroepfer also revealed that "In my recent conversations with the management of AHN Biotechnologie GmbH, our European supplier of our filters utilizing patented and proprietary nanotechnology to safely imbed controlled amounts of Nanobead-Flavour-Nicotine-Solution into the filters according to the DIN EN ISO9001:2000 standards (along with a number of new variety nicotine flavors), AHN has expressed enthusiasm in moving forward to elevate their production of complete mouthpieces for SFIO's high tech cigarettes to ship to SFIO's international and domestic production and final assembly facilities. Mr. Schroepfer declared that the lifting of the U.S. ban on e-cigarettes by the Appellate Court has inspired the SFIO team and all of its affiliates into action to seize this opportunity domestically and internationally to create breakthrough revenues and profits for SFIO, its shareholders, and for everyone associated with SFIO production and distribution."
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 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. Sources of public information regarding the FDA utilized in this press release include MedPage Today, Bloomberg Businessweek, and Forbes.com reports.
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
Whoever's trying to sell at 0.0130, raise up that ask!
I really like the design, look, and overall appeal of Smoker's Option. The overall aim of the marketing team to create an attractive product that stands out on a shelf impresses me. Take a look at this link and scroll down to check out what the Smoker's Option cartons look like and how appealing they are to consumers. A catchy slogan too, "When Smoking is NOT an Option."
http://www.smokefree-innotec.com/product/smokers-option
Here comes the End of Day run we have all been waiting for
The volume is nice at least. 18,000,000
Buy on the dips, and this is a dip right here. Get in now!
SFIO #13 Most Active Stock on iHub!
Making our way back to the 8's. Would be nice to close very close to a penny.
Here comes a run up! now at 0.0072, ask is at 0.0074. Fly high SFIO!
Wish we looked like VPCO right about now. They are up 116% today.
would be nice to break 0.005 today
I agree, a PR in the near future would be for the best, describing what plans the company has to start sales in the United States and what will set us apart from other big name E-cig manufacturers. Give us something Tom.
Excellent find Sang K! Sounds like the FDA cannot win this battle, and electronic cigs will win! I gotta get me some more shares before we rise.
I just don't get it - I mean, the volume is there and we had solid news. But yet we are down 10%?
I can't believe anyone is selling right now! Especially so low, ridiculous.
Although we didn't see any revenues or hard facts in this PR, I am happy with what I am hearing. The company is telling us exactly what they will be doing in upcoming months to advertise their product to obtain more customers and distributors. Personally, my two favorite points Tom pointed out are:
1. Deploy an internet web site designed for European market to use as part of a major brand awareness program using all available media resources; including a shopping cart. It appears that European restrictions on advertising nicotine products do not apply to the internet websites or emails.
8. In the brand awareness program, use legitimate emailing strategies to millions of potential customers to promote and explain with pictures, text and videos the nature and use of SFI products.
SFIO is going to take advantage of the use of technology to spread the word about their product and even more importantly, allow their product to be bought online (Example: "including a shopping cart"). I can't wait to see the site up and running, and hope they can get it up soon. They appear to be heading in the right direction, and 2011 may be a great year for this company to produce some real revenues. IMO
Just added more today. I hope the financials come out tomorrow!
Looking solid today - maybe a little hype as people are looking for financials Thursday, December 2nd as posted by another iHuber. I'm holding strong at the moment, waiting for some news. Any news.
Yes you did pick a good company Sang K. We have great upside potential as well as growth. I'm just hoping we get some news shortly so more investors can see the potential of this company
The Ask is looking real nice! I hope it gets filled right away
Great close today - Let's hope we get news to keep the momentum upward going
The ask is at 0.022, wouldn't that be nice if a buy took it first thing in the morning? Haha
Ask back up to 0.0085 - maybe we can make a good end of the day run
Doesn't look like news today - the rumors were false
If we do see earnings today or see a positive PR, it'll probably come out at 4:00 eastern time right?
I hope we see earnings right in the morning to really pump up the volume. We shall see what tomorrow brings, good night all! Good luck tomorrow
A great video on SFIO from Youtube that shows how well the response is to their product. 65% of participants said they would buy the product immediately.
Get in now during the slight pullback before we retest 0.01 again
0.008! On our way to 0.01!
Just got more here at 0.0067 to average down! Looking for good earnings/news!