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Thursday, July 28, 2011 5:06:36 PM
However, the latest news is SFIO accepted the resignation of it's CEO who was charged with fraud and the stock is marked Caveat Emptor on the OTC and trades via very few channels now and even those are breaking down.
It is believed that SFIO is still working diligently to clear it's name and meet regulatory requirements and get unlocked, that news was tossed about the last couple of days, so there is hope they are still attempting to become a legit company.
Ideally, they would get their smokefree vaporless nicotine product up to snuff and a few distribution channels established outside of their website, but not until they clear up the name and get the stock unlocked.
Then, and maybe then, they may make the JV relevant again. Till then, as Caveat Emptor implies, buyer beware.
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