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Sold Out! Smokefree's RE/AL Available Again Next Week After New Shipments Arrive
Jun 3, 2011 9:24:00 AM
LAS VEGAS, NV -- (MARKET WIRE) -- 06/03/11 -- George Roth, CFO of Smokefree Innotec, Inc.(PINKSHEETS: SFIO), an established international distributor of e-cigarettes, (http://www.sfio.us) (http://www.realsmokefree.com) announced today that "SFIO's initial supply of RE/AL products offered through the SFIO website shopping cart has been SOLD OUT! Loyal followers, who are backordered from not acting quickly enough to get in on the first round, should be happy to learn that much larger RE/AL shipments are on the way! Another 19,600 cartons of 10 filters each have been shipped by our supplier on May 29th and will be available soon." Mr. Roth asks that "Those desiring to place orders be patient until these new supplies arrive next week, giving everyone the chance to purchase our RE/AL e-cigarettes. I hope our shedding some light on the status of our problems, now solved, will ease some anxiety. Thank you for your patience as we get over our growing pains."
Tammy Dunn, SFIO's newest Director, added that "Testimonials of purchasers' reactions to their new experience of enjoying Smokefree's RE/AL products are soon to be available for viewing through the SFIO website http://www.smokereal.com, including video clips volunteered by our new users. We regard the achievement of our goal, to launch a genuine smoke and vapor free product that provides real satisfaction to real smokers, is not just the completion of an arduous journey by Smokefree, but rather the beginning of what we have planned to be a bright new future in the development of the Company. We know we have yet to face many challenges. SFIO's management's courage and commitment to our customers is the source of our strength and dedication to carry SFIO to even greater heights of accomplishment, intended to surprise and astonish the public, setting the standards of excellence for this industry for years to come. The strength of our international patents, along with our teaming agreements with our Joint Venture partners, gives SFIO a well positioned and formidable advantage in this market."
Sad for all those who lost out. All we can do at this point is take a loss for 2011.
Gamma - appreciate the message!
That review is regarding the original 'REAL' e-cig I got from Tom several months ago or maybe even longer than that. It's on the SFIO website under testimonials. I posted the original on this thread and Tom called me and asked if he could put it up on the site. I mentioned that I could 'clean' it up a little but he said "we'll just leave as it it". I said "go for it".
Great Columbo/kickass work 'nocpimping'!
I personally did not bring up the NASDAQ - I just responded to someone who did. I was being considerate, IF YOU KNOW WHAT THAT MEANS!
Major stock exchanges, like the Nasdaq, are exclusive clubs - their reputations rest on the companies they trade. As such, the Nasdaq won't allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered.
The Nasdaq has three sets of listing requirements. Each company must meet at least one of the three requirement sets, as well as the main rules for all companies.
Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. In addition, the minimum bid price at time of listing must be greater than five dollars, and there must be at least three market makers for the stock. Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360. Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.
Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.
A company has three ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area like revenue. This helps to improve the quality of companies listed on the exchange.
It doesn't end there. After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price, or market capitalization, is one of the major factors triggering a delisting. Again, the exact details of delisting depend on the exchange.
(For further reading on the Nasdaq and other U.S. exchanges, see Getting to Know Stock Exchanges and The Tale Of Two Exchanges.)
Filed Under: Stocks
Maybe you can look up 'the requirements to be listed on NASDAQ' I already know but you would be doing some 'DD' and sharing with others.
Stpetesal - I'm glad you finally ordered one. "Both Topdog and myself have gone to the trouble of taking pictures of the 'kit'.
Yoy have got to be be kidding
Sounds like it's really breaking you up. Do you need a tissue?
Smoker's Option is not the big deal here. It could produce some revenues but not like the 'REAL' E-cig which will be launched at any time now. IMO, there will be PR this afternoon or Monday and after that another PR - contents unknown to me.
Keep in mind, we're talking about worldwide distribution. Gotta get a little excited about that. We're not talking about just test marketing the product in Bohunk, Mississippi!!
Welcome 'NITWIT'. Thanks for your confidence in SFIO. Your comments are greatly appreciated.
I gotta believe you really enjoy posting but you said the same thing about 75 times today.
I'm guessing that you're a decent person but aren't your fingers getting tired yet. lol
You betcha 'Dog'!
34 patents already and patents pending in every country around the entire 'GLOBE'!
Pauly, I must commend you on being the gentleman I always thought you were. Good luck!
Longshot - you are wrong!
Just the idea of only 1 zero after the decimal point turns me on!! LOL
This is for ddm1082 - Tom just called me - they did have contract and it was renewed.
Sorry 'fink', I'd rather not comment. I hope you understand.
I don't recall telling you that. Again, deal with the 'present' for Khrists sake. Did you sell at a couple of days ago and now you're pissed?
Who cares - deal with the 'present'.
Who cares - deal with the 'present'.
SFIO's e-cig has a 'tip' that does not light up. Also, the 'REAL' cig has a soft filter almost like a regular cigarette. I tried 5 different e-cigs and don't like any of them because when you smoke them it feels like you're sucking on a ball
point pen. All the others have plastic filters - YUCK!
Also, I did take one to a Brewer's game and they told me to put it back in pocket since people thought it was a real cig because of the vapor that looked like smoke. That's eventually going to be a 'MAJOR' problem for the e-cigs that EMIT A VAPOR. A long time ago, Tom was on a flight and took out a competitor's e-cig and was told to stop smoking it because people were complaining about the smoke.
I was filling up my Harley at Mobil station yesterday and on the speaker I heard the following: "we now have electronic cigarettes for sale - the type you can smoke on an airplane. That's bullshit - IMO airlines will not allow e-cigs with vapor - PERIOD. If you pulled out a SFIO e-cig, the response you would get from a flight attendant would probably be "please don't light it". I'm likin' SFIO more and more each day.
I don't 'pump' - I just state the facts.
Friday and PR on following Monday IMO.
Pauly, you are a 'class act'!!!!!
I just had conversation with Tom. He asked if I would post this for him>>>>>"I'd like to thank all the longs for their patience and their belief in the company". He is excited as hell. He thinks they will have what they need by Friday.
Go take you cat for a walk.
Nice of you to post that Brassalloy!!
I forgot = SFIO!
Many people who are trying to quit just put a cigarette in their mouth and don't light it. In other words, IMO, if a person sees someone with a SFIO cig in their mouth, they will think the guy/gal is simply trying to stop smoking.
Go SFIO and Maddog too. LOL
When I got the original SFIO e-cig kit from Tom I did my own little test. I went to fancy supermarkets, shopping malls and no smoking cocktail lounges and kept the cigarette in my mouth. No one said a word. When I asked the managers at these places what they thought about me having a cigarette in my mouth, they all said "Doesn't bother me but just don't light it".
Why have you become negative all of a sudden. SFIO will have product out by end of week or beginning of next week.
SFIO having a nice day hey!!!!
You guys make me laugh.
asegal, regarding the shares/salary that is in Robin's contract, before I early retired I was a 'Certified Financial Planner' and the average earnings of CFP's was $250,000 annually. Look it up if you don't believe me. Don't you think getting a highly qualified CEO to take CCTI where is needs to go is worth 250K? The shares are the carrot that is dangling in front of Robin with a note on it saying "these babies will make you lots of money when you get this stock up to $1/$5" That's why Robin is working from 5:00 a.m. to 10:00 p.m. everyday.
Bottom line = the compensation that Robin is receiving is anything but excessive. Have a good one.
FYI
By Donna Mitchell
August 1, 2009
Financial advisors are making more money, putting more emphasis on education, and shifting their compensation schemes toward fees, says the 2009 Survey of Trends in Financial Planning from the College for Financial Planning and Boston-based Cerulli Associates. The report surveyed 391 financial planners, a mixture of employees and principals of advisory firms.
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Earnings rebounded after a marked decline in 2008-primarily among those who took the time to become better educated about financial planning, according to the report, which was released in July. Average earnings among those with the Certified Financial Planner (CFP) certification were $215,345, up from $195,394 in 2008. Average earnings reached their peak in 2007 when they hit $283,000.
I retired @ 55 in 2007!
So now you finally tell the truth - Good for you!!
Hague does not receive a salary. You are wrong again. Stop trying to mislead people.
Your long you say but keep posting negative things on MPG - You even copy stuff from asegal. Find out for yourself.