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2 SFIO partner links are wrong.
On the SFIO web site click on LTI news industries link and see where it takes you. That's supposed to be the SFIO distributor in South America. It's not.
Click on the TDM link in South Aftrica. It is disabled and cannot be found.
If Smokefree Innotec is a real company in the sense they are selling product and growing, they are doing it in spite of themselves.
tocororo Share Wednesday, January 05, 2011 12:39:25 PM
Re: FUNMAN818 post# 12819 Post # of 12822
What about this FUNMAN
http://www.smokefree-innotec.com/product/smokers-option
Tocororo, I've seen it, believed it important and a true representation of other displays in other outlets. Apparently it is not meaningful at all. SFIO said they were distributing the product in thousands of locations, and more numerously in many more thousands of vending machines. They said they were selling the e-cig in Europe and other countries too. They took delivery of starters kits in 2009.
All of this is apparently untrue, like their filter supplier denying they are a supplier.
Sang, the PR's are false and misleading. I did not write them, SFIO posted them.
The FDA ruling only benefits companies "in the business".
Everything that SFIO has NOT done that they said they were doing suggests that they are deliberately deceiving the public, and not actually in the business of widely distributing the product.
Claiming suppliers who deny it themselves, shipments that cannot be found in the THOUSANDS of outlets they claim to be supplying, and making projections without any relationship to reality is why doubting anything this company says it is doing, is justified.
My post 12792 only contains excerpts from some of the PR's from over a year ago. Those exceptionally positive announcements should be reflected in financial statements coming out soon, if the statements even come out at all.
Changing their business plan doesn't allow them to escape their own past PR and start a new PR thread, without explaining all that has REALLY happened.
Discrepancies between SFIO press releases and fact are too numerous to ignore.
More than 12 months have passed since the following press release excerpts were made. They are
all on the web site.
They outright say they are delivering product for distribution, with filters manufactured by a
company recently revealed in e-mails to members of this board to have only supplied 20,000
sample filters.
They represent there are thousands of distribution points. We should be able to find the
product easily and in abundance. Some news reports should be available about the product in
every country it is being distributed in.
If collectively the below statements from SFIO are substantially true, revenues should be
huge.
If their revenues disappoint us by not even reaching 10% of the projection made over a year
ago, there can be no other conclusion that the press releases were untrue and deliberately
meant to deceive shareholders and potential shareholders.
You can all be the judge, but you cannot deny the company made the following statements. I
bought stock and continued to buy it based on their statements. How about you?
Smokefree Innotec, Inc. Finalizes Plans to Test Market its New Product
Posted by Smokefree Innotec on Aug 11th, 2009 in Smokefree Press Releases
Robert Wang, VP of R&D for Smokefree Innotec, explained, “We believe that the recent, last
minute, technical improvements implemented by Smokefree Innotec in close cooperation with our
German filter supplier, AHN Biotechnology, make our product the most advanced and most
reliable alternative to smokers worldwide.”
Smokefree Innotec, Inc. Establishes Distribution in South American Markets
Posted by Smokefree Innotec on Aug 28th, 2009 in Smokefree Press Releases
NASHVILLE–August 28, 2009 – Smokefree Innotec, Inc. (www.sfio.us or www.smokefree-innotec.com)
announced today that it has executed contracts with LTI News Industries of Buenos Aires,
Argentina for the distribution of its Real Smokefree product, the world’s first, totally
smoke-free, Hi-Tec cigarette, in Brazil, Argentina, Chile, Paraguay and Uruguay.
Smokefree Innotec, Inc. On Track For Rollout Of New Product
Posted by Smokefree Innotec on Sep 18th, 2009 in Smokefree Press Releases
NASHVILLE, Tenn.—September 18, 2009–Smokefree Innotec, Inc. (Pink Sheets: SFIO – News)
(www.sfio.us or www.smokefree-innotec.com) announced today that it has expedited the
manufacture of commercial-ready filter packages to ensure delivery during the week of
September 21st.
Thomas Schroepfer, President of Smokefree Innotec, Inc. stated, “Because of the strong support
from our worldwide network of distributors, we have instructed our filter manufacturer, ANH
Biotechnology of Nordhausen, Germany, to move up their production schedule. We expect that the
initial deliveries of the filter packages will enable us to make the first shipment of our
innovative smoke-free cigarette-style electronic device by mid-October, with first sales to
the public commencing shortly thereafter in several countries.”
Smokefree Innotec, Inc. Signs Distribution Contracts for Australia and New Zealand
Posted by Smokefree Innotec on Oct 21st, 2009 in Smokefree Press Releases
NASHVILLE, TN–(Marketwire – 10/21/09) – Smokefree Innotec, Inc. (Pinksheets:SFIO – News)
(www.sfio.us or www.smokefree-innotec.com) announced today that it has concluded and signed
exclusive distribution contracts with Bryant West Pty. Ltd. for Australia and New Zealand. The
arrangement with Bryant West foresees a minimum of US $1,200,000 of Smokefree Innotec’s
totally new, smoke-free, Hi-Tec cigarette to be purchased over the next 12 months.
Thomas Schroepfer, President of Smokefree Innotec, commented, “With the new contract signed we
already have commitments in place for US $3,000,000.00 worth of sales over the next twelve
months.
Smokefree Inotec, Inc. Signs Distribution Contracts With TDM Of South Africa
Posted by Smokefree Innotec on Sep 23rd, 2009 in Smokefree Press Releases
NASHVILLE, TN – September 23, 2009 – Smokefree Innotec, Inc. (Pink Sheets: SFIO – News)
(www.sfio.us or www.smokefree-innotec.com) announced today that that it has concluded and
signed exclusive distribution contracts with TDM of the Republic of South Africa. The long-
term relationship that TDM’s GM, Norman Knight, and Smokefree Innotec C.E.O., Thomas
Schroepfer, sealed today provides that over the next 12 months TDM will purchase a minimum of
US$1,200,000 of the Company’s totally new, smoke-free, Hi-Tec cigarette, with annual increases
of 10% in following years.
Smokefree Innotec begins deliveries to German distributor
Posted by Smokefree Innotec on Nov 18th, 2009 in Smokefree Press Releases
Smokefree Innotec begins deliveries to German distributor
NASHVILLE, TN — 11/18/09 — Smokefree Innotec, Inc. (PINKSHEETS: SFIO) (http://www.sfio.us or
http://www.smokefree-innotec.com) announced today that its European office, Smokefree Innotec
bvba in Antwerp, Belgium, has received its first confirmed order for 120,000 units from German
distributor Mack & Co in Rotenburg, The order will be fulfilled by the end of this month.
Smokefree Innotec has signed a further Distribution Agreement
Posted by Smokefree Innotec on Nov 16th, 2009 in Smokefree Press Releases
Smokefree Innotec has signed a further Distribution Agreement with Bryan West Pty Limited for
Japan
Nashville, TN –November 16, 2009– Smokefree Innotec, Inc. (Pink Sheets: SFIO)
(http://www.sfio.us or http://www.smokefree-innotec.com) announced today that it has concluded
and signed a further Distribution Agreement with Bryant West Pty Limited for Japan.
Bryant West CEO Brendan Jackson stated “due to the overwhelming response we have had with our
trials and Product Focus Groups and with our recent merger with TDM South Africa, we believe
we can offer SFI further distribution through our network within Asia. We believe Japan is the
ideal country for SFI’s Smoke Free Products due to their high densely populated urban areas
and Japan is one of the world leaders in accepting new environmental friendly technology”.
Smokefree Innotec projecting Q1 sales for 2010
Posted by Smokefree Innotec on Dec 10th, 2009 in Smokefree Press Releases
Smokefree Innotec projecting Q1 sales for 2010
NASHVILLE, TN –12/10/09 — Smokefree Innotec, Inc. (PINKSHEETS: SFIO) (http://www.sfio.us or
http://www.smokefree-innotec.com) President Thomas Schroepfer today announced that he is
projecting anticipated sales in the Benelux countries for the first quarter of 2010 based on
pending contracts in the $9.5 million dollar range with these relatively small countries.
Smokefree Innotec’s products will become available in the course of the next three months in
6,000 convenience stores and gas-stations and will be accessible through 15,000 vending
machines in Belgium, the Netherlands and Luxembourg.
European vending machine and convenience store distribution
Posted by Smokefree Innotec on Dec 1st, 2009 in Smokefree Press Releases | 0 comments
Smokefree Innotec begins European vending machine and convenience store distribution
NASHVILLE, TN –12/01/09 — Smokefree Innotec, Inc. (PINKSHEETS: SFIO) (http://www.sfio.us or
the new Belgium website http://www.realsmokefree.com) announced today that its European
office, Smokefree Innotec bvba in Antwerp, has signed a significant distribution agreement
with the largest tobacco wholesaler in Europe. Beginning January 2010 onwards Smokefree
products will become available through a network of more than 5000 vending machines all over
Belgium. This distribution arrangement also guarantees that a month later the company will
stock Smokefree Innotec’s products in more than 6000 Belgian gas stations, convenience stores
and tobacco shops.
Before the end of the first quarter Europe’s largest tobacco wholesaler will evaluate sales
and volume in order to properly facilitate subsequent introduction of Smokefree Innotec’s
products in another 10,000 vending machines in the Netherlands and over 100,000 vending
machines in Germany.
Very nice movement today. Was there any news?
Please post a link to the current outstanding shares.
All I see are 44,395,147.
Until the company does something to warrant interest, there will be a lot more trading days like this ... $4,000 changed hands.
Well over a year of steady disappointments. I'm wondering how much longer they can continue to exist.
Thier next address after Vegas may be Tora Bora.
Tocororo ... great info but, the date at the bottom is Copyrighted from 2009.
COPYRIGHT 2009 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.
BTW, doesn't anyone here wonder about BBB's reliability and how close of a friend he can be of TS, if BBB didn't even know SFIO moved from Irving to Las Vegas?
That is a piece of information we would have all liked to know.
And "yes", I would have expected the company to announce it.
DKAM certainly has a reputation as a "serial diluter". They also never had a reputation for selling millions of dollars of anything.
A hundred thousand in revenue certainly isn't millions.
Three hundred thousand dollars in new distributor orders is meaningless without reorders.
By July when we see 2 more revenue reports we'll know for certain if all is lost or if they finally have a single success after so many disappointments and failures.
All they need is one hit.
It cannot be denied. Rheingold is selling in volume. The beer can be seen, touched, consumed, and purchased. It's in the "public eye". That's way better than what virtually every other penny stock company can say.
It's a major change in the company's evolution.
DKAM's success hangs in the balance of re-orders. Do they happen, do more retailers ask to carry the product, and do order sizes increase?
Even a restaurant serving mediocre food can be a great success if it is in the right location. The analogy is that Rheingold may be DKAM's "right location".
DKAM's management will be judged on future revenues per share as they are posted; not the previous years stock dilution, other product introduction mistakes, and not on their previous lawsuits.
In business it's what have you done for me lately.
Posts for EliteYoda, Coachum1, tbrays, FofoH, tocororo should be followed.
I have watched RZTI for a long time and been disappointed they haven't hit the nail on the head yet. I'll be an enthusiastic buyer when they show the first signs of getting thier financial house in order. Their product concepts are great.
BBB is friends with TS? A legitimate intermediary? TS calls BBB?
Wouldn't we all think then that shareholder feedback goes directly to TS? Doubts would be nipped in the bud and help sell stock too.
To prime the pump and excite new share holders, TS could post info regularly by tweeting or directly post on SFIO's web site? Other CEO's do it.
If TS cared, he could do it too. There is no expense to writing a PR piece on your own and posting it to your own web site.
Here are two more virtually cost free promotion releases they could do with tremendous impact.
I would suggest that shareholder and potential shareholder concerns would be temporarily alleviated if 100's of merchants' pictures from all over the world standing next to their product displays were posted on an SFIO testimonial page with them saying they are selling the product and happy about it.
Hundreds of consumer testimonial videos should also be posted on the web site telling about their enjoyment and success with the product; how they quit smoking cigarettes and can smoke anywhere.
REAL testimonials for its REAL Smokefree product. How about that? Overkill rules when marketing!
Hey, in today's day and age, both of those suggestions can be "shot" with a cell phone, e-mailed to the company, and forwarded to their web host for uploading.
All the company has to do is ask the distributors, merchants and customers. Some will do it and some won't. Don't offer to pay anything, just ask.
The process is simple. One video becomes two, then ten, then a hundred in no time. The buzz would be viral.
If SFIO posted the videos I suggest on the SFIO web site, and "opened" a shopping cart, the stock would run even before they posted earnings.
Sole proprietors who manage their own web site do stuff like this every day.
Therefore my conclusions about SFIO leave me filled with doubt about company; because they do none of these things.
This is written by a shareholder with stock not worth the paper it is written on, and who isn't selling because the only chance I have of making any money is if the company proves itself.
I stick around this board because I hope if someone really does communicate with their friend TS, he can act on good ideas.
To all of the SFIO bashers, I feel your pain. All I see is less than $10,000 of SFIO stock trading hands every day.
To all of the SFIO boosters, gosh I hope you are right.
Don't blame MM's for stock price. Focus on SFIO.
We don't need PR's with promises that turn out to be hollow statements; deceiving shareholders into thinking great things are happening.
Projections of $9,000,000 in first quarter revenues are outlandish. If they did even 10% of that we would all be doing handstands.
SFIO's PR's raise hope. I don't want hope. I want them to show me what they have sold. I want proof.
Nothing less should be demanded from everyone on this board, and in communications with the company.
When no meaningful sales have ever been reported, PR's boasting of deals & contracts, and projections predicting millions of dollars in quarterly revenue are hollow statements meant to decieve. They are also most likely to be followed by PR's promising better times in the future, and excuses for the past.
I am hoping that the pumpers here are right about SFIO. I own enough stock. But the pumpers seem to know more about the company than the company will confirm.
Until SFIO submits audited financial statements confirming significant progress, or releases interim unaudited reports, the company is deliberately leaving the public in the dark.
At this point I don't want to know what they plan to do anymore. They have talked the talk enough.
The e-cig industry is generating mounting revenues. It's taking off. I want proof of SFIO's sales, and with certainty to know what progress they have made.
To the pumpers, why care about negativity that questions SFIO and may drive the stock price down? The doubts are legitimate. It also gives you the chance to quietly accumulate the stock and laugh at us all the way to the bank after the numbers come out proving you are right.
Remember, I hope you are right, because I gain nothing by you being wrong.
The US market is the biggest and most important today.
It's presence here will drive the stock once people see it and start using it. Once people can buy it and re-buy it, the company will earn revenue.
If you disagree with that, look at how well the stock has done with only foreign exposure. Who can deny sub-penny is bad?
Right now at sub penny, a million shares of SFIO is worth a baby's life time supply of toilet paper.
You and I cannot change that. Only SFIO can do something about it. That takes sales.
Since they are changing their international business plan, that indicates the revenues they will release will disappoint. If they would be exciting, then why change.
Putting them for sale here in America on their web site is the first step. It will take months.
No SFIO does not have the product in the USA to sell.
It must be manufactured here to be sold here.
They have not set up e-cig manufacturing. SFIO said it. Not me.
SFIO has to play catch-up.
Having the product in another country when we need it to be sold here is meaningless.
It's going to take months to gear up e-cig production. They already said it.
Having the smokers option product only available when the web site adds a shopping cart might actually be counter productive because anyone wanting an e-cig won't be able to get it at SFIO, and may not come back once they settle on another brand, invest in the start kit, and become satisfied.
People are creatures of habit. Once they are satisfied with a competitors product they won't switch.
SFIO is very late getting into the game. They need to have advertising money to catch up.
Adding a shopping cart to the web site might help the share price though.
Don't sell. The web-site shopping cart is coming next month.
So, which part of that is the half truth?
To the folks who only see the SFIO gamble as a sure thing, just remember, nothing is a sure thing in the future.
Too Bad SFIO doesn't have it's product ready.
I appreciate the positive you found in that article, but left out of the conversation is the fact that the military isn't waiting for SFIO to deliver. The service needs the product now. No body is waiting for SFIO to supply them.
Thier people will be using products from other companies, getting used to them, and building brand loyalty.
The ship has set sail and left SFIO at the dock.
Smoke that!
Smoking on military US navy submarines ends today
http://www.tribune-georgian.com/articles/2010/12/30/news/top_stories/1topstory12.31.txt
Despite concerns about the contents of the vapor, electronic cigarettes -- a battery-powered device that delivers a shot of nicotine and the taste of a cigarette through a vaporized solution without smoke -- will be allowed at each commanding officer's discretion.
You want news ... You really should read my post.
SFIO will introduce a shopping cart next month selling the Smokers Option, as seen on the web site under the "products" drop down menu ... and then click on "smokers option" and see the pictures in row one.
E-Cigs won't be available for several months because they have to be manufactured and that has not begun. Advertising has to be way out in 2011 if it is even going to happen next year. They don't have the money now. If they had it, they would be advertising in Europe; just like American tobacco companies that sell all of their products through distributors.
Dilution doesn't hurt. It's mathematically equal pre and post dilution. So why do some of you have such a problem hearing that?
But thanks for posting my other message. I hope everyone reads it.
What hurts is when "psychological pricing" drives the stock back to pre dilution levels because the company is still viewed as over valued because all it does is lose money. Sounds like SFIO.
That's when people get hurt by dilution. It will likely happen at SFIO unless they start reporting growing sales, which they may do, but nothing is guaranteed.
"Longs" continue to take a beating as dilution continues without measurable positive momentum, and the stock continues to decline.
SFIO doesn't want its shares to trade at sub pennies. No company does. So "bank" on SFIO doing a reverse split in 2011, after they start to deliver on their business plan.
They'll have to further dilute the stock because they will still need to pay vendors and service providers. Without cash, all that's left is stock.
The key will be how long it takes for revenues to mount up. That won't happen without advertising dollars. A web site shopping cart
doesn't mean anyone is using it. People have to know it's there.
A consumer product won't catch on until people can see, touch and use it for the product to catch on. There has to be a grass roots buzz.
I'll end this by letting everyone know I am in this stock for the long term. I have my head on straight and believe America needs products like this to help people quit smoking and for the betterment of American's health. I also will continue accumulating the stock as it goes down or up, because SFIO will introduce a shopping cart next month selling the Smokers Option, as seen on the web site under the "products" drop down menu ... and then click on "smokers option" and see the pictures in row one.
E-Cigs won't be available for several months because they have to be manufactured and that has not begun. Advertising has to be way out in 2011 if it is even going to happen next year. They don't have the money now. If they had it, they would be advertising in Europe; just like American tobacco companies that sell all of their products through distributors.
If SFIO's management is sincere and they have enough money to promote their product once the full line is available, they should be able to capture market share. I want to make sure I own plenty of the stock when that happens.
Dilution kills investments, but ...
DKAM's flagship product is in a few hundred retail stores in about 5 states, including supermarket chains. We can see, touch, feel, and taste the product. It's finally here. It's real and in the "public's eye".
More than 5 eastern seaboard states will be added to the distribution network over the next few months.
DKAM recently completed a 15 to 1 reverse split. The stock dropped post dilution from 5¢ to a penny in a month. Quite frankly, the stock won't bounce until they start to "deliver". But I think they may be on the doorstep of making their first delivery.
The dilution was important. It hurt me, but I'll get over it and buy more shares.
Many or maybe most of the posters believe DKAM is a "serial-diluter" with no shame, and no future. I am not convinced everything at DKAM is all wrong.
The main positive outcome of dilution is how possible it is to drive the stock to 5 cents and beyond. That is if they don't dilute the heck out of it again, which we can watch like hawks. They also have to concentrate nearly 100% of their efforts on Rheingold.
It's becoming easier to see how MEXCOR will grow their annual royalty payments, contributing to the bottom line. DKAM doesn't need new brands. They have a flagship brand and should establish it before losing focus.
Early projected annualized sales of Rheingold from its limited initial distribution network, is in the $1,200,000 range. As the network expands doubling that isn't unreasonable by 12-12-2011, unless distributors don't reorder.
The results are measurable with better momemtum compared to where they have been.
That said, it's not unreasonable to think they can show a few pennies profit per share within 24 months if they are successful selling beer.
I buy at least a case per week, share it with friends, bring it to "tailgating" events, show it off, and ask my liquor store retailers if they are selling and reordering it. All of the local stores have been saying "yes".
Every share holder is a grass-roots sales and PR person. When it's available in your area, try to do the same.
DKAM is my penny stock for 2011.
5 Cent share price.
With 459,527,454 outstanding shares, at 10 times earnings, SFIO needs projected forward looking annual profits of $2,270,000 (that's only .005 cents profit per share) to value the stock at 5 cents.
It's not impossible, but that's way off in the future and why the company will have to do a reverse split.
A 1 for 20 reverse split with those earnings makes it a $1.00 stock.
When we get financial's and can determine SFIO's profit margin we'll be able to determine how realistic the required revenues will be to make it a 5 cent stock.
Shares Outstanding 459,527,454 a/o Oct 31, 2010
Authorized Shares 750,000,000 a/o Oct 31, 2010
This is not SFIO's product.
I never bought RZ, nor posted here, but I really liked the company when it was in the dollar 20's.
I've checked back in on it every day, and am disappointed so much potential hasn't been able to breakout. They just keep bleeding.
They always seem one great deal, project or idea from a homerun. They move things along but just can't bring in the big bucks.
One positive I have watched is they have not trashed shareholder value with insane share dilution as other struggling companies have done to raise cash. I like that.
There is no denying share dilution totalling in the hundreds of millions.
We can infer the product roll-out in Europe failed since their business plan is being changed.
As for not being able to see the potential of SFIO, on the contrary, I bought the stock thinking this is what America needs and here is a company I can gamble a little bit of money on for potentially a gigantic reward.
Alas, I have come to realize the company is all talk, and too little of that.
I am not trying to knock the stock price down.
Like pennies in a jar, I am willing to hold them for as long as it takes for them to add up to something more valuable, or until SFIO legally ceases to exist.
If Europeans were fond of the product and saw it in stores and vending machines, they would have flocked to buy the SFIO stock. They have not. I believe their inaction is more telling than a few positive posts on this board.
When the product rolls out in the USA and becomes visible in stores and on the internet, people will flock to buy the stock.
However, as the company continues to dilute its outstanding shares, all value is lost. Anyone trying to pump up the stock half a penny with their own hype isn't hoping SFIO is successful. They are just trying to buy and sell for the half penny gain, and reward themselves at the expense of another's dream.
Real companies exist and sell product.
SFIO puts out a press release saying they are reinventing their business plan and lining up distributors, all the while continuing to issue more stock. They put cash in their pockets, they are the only beneficiaries, and that further drives the share price down, hurting you and me.
I own plenty of the stock, so if they prove to be a real company and start selling product, I'll get rich just like the rest of you. However, their track record isn't all that different than other companies that continue to promise the world and can't deliver.
There will be a huge reverse stock split before a product is on the market.
I hope I am wrong.
Only thing is, right now, I don't see anything from SFIO that says here is our product, want to buy it ... like these 3 companies with product you can buy today.
I have been taken in just like the rest of you who bought stock.
http://www.smokingeverywhere.com/
http://www.blucigs.com/
http://greensmoke.com/
Great concept but SFIO isn't selling a product while others freely market their e-cig lines right here in the USA.
They said they didn't know they could have an e-commerce site in Europe; what are their lawyers for? An e-commerce site can be set up in an hour; why haven't they don it?
They are rolling out a new business plan because their sales and distribution team failed. If the product was being widely distributed and shown at trade shows, not only would it be being bought and the company would be touting sales figures in monthly PR's, but thousands of European shareholders would swell the trading volume and gross number of shareholders because they can see, feel and believe in the product. That's the biggest truth and evidence of what is not happening.
Now they figured out they need to get into local shops to add distribution points, spend money on displays, and train low wage shop employees to sell the product. Where is the money going to come from, and how are two people in Europe going to train, hopefully starting with hundreds of shop owners willing to sell e-cigs.
They rent a room in an office condo building so there is a legal business address.
They sell more shares on the open market to fund the payroll.
They may eventually introduce a product domestically that is readily available, but has time drags, competitors keep building repeat customers (I buy a competitors product because SFIO doesn't have one), and it more and more looks like SFIO is a public offering sham.
That's what you and I own shares in. You win some and lose some. It's hard to believe in anything SFIO says anymore.
Thanks re # of authorized share info.
It's an important number to watch.
Authorized shares?
Does anyone know how many shares the company is authorized to issue?
It seems that SFIO must be nearing the point when they are going to be forced to do a reverse split so they can continue to bring cash into the company.
Has dilution already happened since the R/S?
After the split, was there fewer than 30,000,000 shares?
Am I correct that now the shares outstanding exceed 44,000,000?
Dilution was acceptable.
When you have time reread the 10Q sections 8, 10, 11, 12, 13 and 17.
People providing services, lenders, and companies owed money by DKAM accepted pre-diluted stock and warrants instead of cash. Those debts are now in the past.
Debts still weigh heavily. Unless cash flow increases, expect more dilution in the future. It's not bad if the company is sustained until profitable by people willing to work for the company and accept stock instead of cash. Those people and insiders gain little unless the company becomes profitable.
Examples of postive projections are investors who accepted warrants ranging from $0.09 to $31.80 per share warrants. Those people believe DKAM will become a successful and profitable company.
Additional examples include PK and other board members personally quarantying some of the debts to investors.
To me, these unrealized facts are as important as the fact that DKAM showed a dramatic increased revenue stream in the 10Q.
Nothing crushed the stock's value like the drop from $0.05 to nearly $0.01 since the reverse split.
I am bullish on DKAM for now.
Increasing debt? I say don't do it. DKAM is buried in debt.
I don't want them taking any actions to increase debt. I want them to execute their expanding Rheingold Beer rollout and increase revenues. They have 4 months to cement their distributor relationships before the summer season. That's when promotional dollars should wisely be used to pump up revenues.
Their quarterly revenues were primarily increased as a result of Rheingold commencing it's rollout for little more than 6 weeks.
If that distribution network generates "x" times 9, that's the basis of a very impressive initial 12 months. Add the additional distributors being brought online, and its reasonable that topping annual revenues of $2 million should be a slam dunk if the distributors continue to reorder throughout 2011.
Any talk of $6 million or more is deceiving "blue sky". Sales may be more than $2 million, but not by 100% - 200%. Even in 24 months those are very agressive projections.
DKAM needs to run the business so they can turn a profit on $2 million in revenues. There should be no reason they cannot do that given their current sales model.
Use the positive cash flow to reduce debt and strengthen the company's financial house.
That's how DKAM's per share price will increase. Build Rheingold revenues, and convert an increasing percentage of future sales into shareholder equity.
If they follow that path, DKAM will shortly end it's existence as a penny stock.
When that begins to happen, and only when measurably progress is made, should they begin to constructively dilute the outstanding shares. That's when they can fully eliminate debt altogether, and use proceeds to expand the brand.
I am doing my fair share of supporting the company by buying cases of Rheingold every week, sharing it with friends, and bringing it to tailgating events and parties. I hope every shareholder are doing things like that too.
Projection ... NASHVILLE, TN – 12/10/09 — Smokefree Innotec, Inc. President Thomas Schroepfer today announced that he is projecting anticipated sales in the Benelux countries for the first quarter of 2010 based on pending contracts in the $9.5 million dollar range with these relatively small countries.
That was released when the stock was about 4¢.
Here are the results ... http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=35767
As of June 30, 2010 they had $77,616 in total revenue, which is less than 1% of the projection.
I believe in e-cigs, but I believed in SFIO's PR too.
SFIO needs to execute their marketing plan better and start selling their products.
Their web site needs to clearly tell people where to buy their product and link them to it.
Nothing other than SFIO increasing sales is going to attract speculators and drive the stock price into double digets.
That's not SFIO's Zig.
If the product was readily available in thousands of locations throughout Europe, it should be very easy to find.
Google "e-cigs in europe" and a long list appears. Even Zig Cigs OFFICIAL WEBSITE comes up, but that's not SFIO's product either.
Show me where the company has sold anything? I contend they have not.
All the company has to do is prove it. Show me product being sold at the retail level, and wholesalers that verify they are distributing it.
I want to know how many cases they have sold.
All they have to do is be transparent.
It's an Executive Suite Office Building SFIO rents a room in. Big deal.
They have to show me they are selling product, it's being reordered by wholesalers, and it can be purchased online like all of it's competitors.
Until then SFIO is nothing more than a fraud.
Show me the case sales!
The only thing that will drive this stock will be facts ... cases being sold at retailers that reorder because "end-drinkers" keep buying them.
I have been doing my part.
250,000 case sales and reorders will send the stock soaring, but unless it happens quickly and gains momentum, Rheingold will be nothing more than a footnote in retro product reintroduction failures.