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Monday, March 07, 2011 10:42:40 AM
It is telling investors to be cautious.
That STOP sign has nothing to do with whether or not SFIO put up a web site with a shopping cart, or if they will ever bring the e-cig to market. It's there because this tiny company cannot meet the very most basic "PINK REPORTING REQUIREMENT'S".
If SFIO EVER releases financial statements, and you see how ridiculously the revenue comes short of what they projected (for example $10,000,000 in the first quarter of 2010 and not realized in any follow-up), won't you please heed the "warning stop sign", and stop buying the new shares SFIO continues to sell as they dilute all of the shareholder value.
I ask all of you, who and what do you trust? What SFIO says, or what SFIO does?
Until that Stop Sign disappears, you are putting your money at greater risk of losing it all. The company may never come back into compliance. So until it does, there is no good reason to invest in SFIO BEFORE they do.
Investors should also beware of egregious exaggerations and untruths posted on this board in an attempt to try and take advantage of you.
As an example, a post on Saturday started by assuming there were 100,000,000 outstanding shares.
A check at: http://www.otcmarkets.com/stock/SFIO/company-info
shows there are 504,484,423 Shares Outstanding a/o Jan 31, 2011
Investors should verify a few facts that conflict with some posters claims, and then come to your own conclusions as to who you can and cannot believe.
FofoH Share Sunday, March 06, 2011 6:31:04
Re: Pauly The Fish post# 15963 Post # of 15977
Quote:
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The REAL ecig is due out end of March
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Are we talking about the same company that told you 3 weeks ago that Financials will be out in 3 business days?
The same company that told topdog back in Dec (!) that Financials will be out by end of January?
Quote:
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I just emailed Mr.T this morning. This is his reply about financials. It is pretty much as we expected. I think this revenue report will be a good one. He usually doesn't respond that quickly. It gives us all a little time to gather some powder. IMO
Date: Friday, December 17, 2010 3:20 PM
From: Thomas Schroepfer <thomas@rauchless.com>
To:
Subject: Re: updates
Size: 4 KB
Year end financials will come out in January
Smokefree Innotec Inc.
mail : Thomas@rauchless.com
Trading : SFIO
Phone : 1 + 702 940 8079
Website: www.Smokefree-Innotec.com + www.sfio.us
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