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Re: dskarpus post# 1530

Sunday, 07/29/2012 4:50:44 PM

Sunday, July 29, 2012 4:50:44 PM

Post# of 1606
Might be hope for us yet...

A PowerPoint presentation describes Vuse as a "single, ready-to-go digital vapor cigarette with no charging or assembly required."

"Since they've asked me to not display the new products, most of the sales have come to Reynolds employees," Shehan said, noting that even though the products are not on display, they can be sold to customers who ask for them. "But the news of the products is out there."




but then again...

Many consumers have shied away out of safety concerns since most e-cigs are made in China. E-cigs also have drawn opposition from federal and state health officials, including North Carolina, because of where most are made and there is limited regulatory oversight of their contents.

That drawback was removed partially in April when Lorillard Inc. bought blu Cigs, based in Charlotte, for $135 million. Herzog said a survey of tobacco retailers and wholesalers found "several respondents noted Lorillard's purchase of blu Cigs lending credibility and legitimacy to the entire category."

There also are royalty issues with a Chinese company to address, analysts said.

Herzog expects Reynolds "to be the next mover into this growing category, most likely organically, but we wouldn't rule out a potential acquisition." She said potential targets are NJoy and 21st Century. Howard said it is Reynolds policy "to not comment on any rumors or speculation regarding any possible acquisitions."

Bill Godshall, executive director of SmokeFree Pennsylvania, said he expects Altria, Reynolds and other companies will go big with e-cigs.

"They already have contracts with 500,000 retailers, ensuring highly desirable shelf displays and many other competitive advantages," Godshall said.



It's always good to see Mr. Godshall chiming in.

a chinese company LMAO.....

Thanks Mr. K..... great article on a Sunday afternoon !!!

"If people let government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under tyranny." - Thomas Jefferson