Starfleet Innotech Inc (SFIO)

[newmedman]

They are already here, don't you get it. By the way I totally disagree with your view of the US market.

This company is also very young, and has only given tidbits about earnings since they do not report quarterly, yet. Once there's proven revenue we'll never see these prices again.


IRVINE, CA–(Marketwire – 12/08/10) – Smokefree Innotec, Inc. (Pinksheets:SFIO – News) 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 U.S. market for its nicotine products has been opened yesterday by 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. It is reported that the federal appeals court ruled that the FDA cannot regulate electronic cigarettes as a drug or device as long as makers of the battery-powered cigarette look-alikes aren’t marketed to help people quit smoking, but rather they are to be regulated simply as tobacco products.
Mr. Schroepfer declared, “This ruling allows SFIO to make giant strides in commencing marketing and sales of its nicotine products in the United States. As we announced previously, the Company has begun its marketing program for sales and distribution in the U.S. marketplace for its domestically produced non-nicotine product lines, and this ruling that the FDA lacks the authority to regulate electronic cigarettes as drugs or devices, and hadn’t proved they are harmful, allows SFIO to now bring its tobacco-free nicotine e-cigarette and other nicotine products into the United States. Our attorneys who have been in contact with the FDA are working to formulate the actions necessary for SFIO to comply with tobacco product regulations.”
“Smokefree Innotec products are not intended for any prevention or therapeutic treatment of any disease, and are manufactured under rigid quality control methods to provide a uniform and safe yet satisfying level of nicotine to be delivered to the user, utilizing our unique and proprietary patented technology, differentiating SFIO from other e-cigarettes, and thus contain no harmful ingredients. I would also like to reiterate that SFIO’s marketing policy is aimed at adult smokers and non-smokers alike, and SFIO never presents its products in a manner intended to appeal to children to become users of any nicotine product, or non-nicotine SFIO product that resembles smoking.”