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03/16/11 1:14 PM

#16505 RE: ddm1082 #16504

I think revenues will be low but what SFIO does with the E-cig in April, May and June will be the 'telling' factor. Also, SFIO's E-cig was for sale thru Bryant West in South Africa about a year ago. When I talked with him he said there was something very minor that was wrong with the cig and had to send them back but also said that when all is OK they will be reordering again. IMO, when SFIO has their E-cig, besides the good old USA it will be in South Africa, Australia, New Zealand etc.

In addition, SFIO does own the patent!
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Gamma1848

03/16/11 1:38 PM

#16508 RE: ddm1082 #16504

You only anticipate 300k in revenue? The company claimed $9.5 million worth of pending contracts for Q1 2010 only from Belgium, the Netherlands, and Luxembourg.

If they have that little revenue then the company is guilty of a pump and dump fraud by issuing intentionally misleading statements and then selling shares into those press releases.

There is no way that, given the orders and contracts announced in their press releases (some highlighted below), that they could have missed the mark by that much unless the orders never actually existed and the press releases were only issued to pump up the share price.

I believe that this is the reason why the company has not issued the financial statement that they promised would be out a month ago. The financial statement will either have to be doctored with phony sales and revenue figures in an attempt to match up with their PRs or it will be honest and will confirm that the PRs included intentionally misleading statements, a criminal act.

...or I guess there is the third option that the company and its product is Real. Lol.



Smokefree Innotec projecting Q1 sales for 2010
NASHVILLE, TN –12/10/090 — 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...

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Smokefree Innotec Belgium Receives Initial Order

NASHVILLE, TN –02/23/10 — Smokefree Innotec, Inc. (PINKSHEETS: SFIO) (http://www.sfio.us or http://www.smokefree-innotec.com) announced today that its Belgian Branch Office for Europe, Smokefree Innotec bvba in Antwerp, received last Friday a significant order of 16,000 packs from an large wholesaler in the Benelux. Delivery of this order is planned for March 15th 2010...

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Smokefree Innotec fulfills first order for South Africa

NASHVILLE, TN–(03/04/10) – Smokefree Innotec, Inc. (Pinksheets:SFIO – News) (http://www.sfio.us or http://www.realsmokefree.com) announced today that it is shipping its first order of 19,000 units of smokefree product to Trifactor Distribution and Marketing (TDM) in South Africa.

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Norman Knight of TDM commented: “We will place bi-weekly orders for South Africa with Smokefree Innotec for its exciting alternatives for the smoker’s market. We will additionally be launching in Australia and New Zealand sometime this summer and sales in Japan should commence in the 4th quarter”.

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SMOKEFREE INNOTEC PROJECTS DISTRIBUTION EXPANSION TO 125,000 OUTLETS


NASHVILLE, TN–(03/18/10), Mar 18, 2010 (M2 PRESSWIRE via COMTEX) — Smokefree Innotec, Inc. (Pinksheets:SFIO – News) (http://www.sfio.us or http://www.realsmokefree.com) released information today regarding its current projections. As previously announced, the line of credit granted by its European bank, and guaranteed by the Flemish government, is being finalized for Smokefree Innotec Inc. and is anticipated to be available for the company to draw upon within the next 10 days. Consequently, the company is coordinating immediate deliveries for its major distribution company presently under contract, servicing approximately 125,000 vending machines. Requests for delivery terms and conditions are also being received from additional European vending distributors.

All fundings for inventories are being provided by a combination of the bank financing underway plus purchase order financing being negotiated with various sources, in amounts adding up to a possible aggregate of $20,000,000. However, the company anticipates that customers anxious for deliveries will pay 60% up front at the time of the order, and the balance due upon shipment. The Company is ordering an additional one million filters to warehouse in preparing to meet this level of demand.

In reality, preliminary company forecasts conservatively estimate gross profits being generated of up to $1,750,000 annually[b/] based on selling only one pack per day from each machine that vends Smokefree Innotec products placed in operation by our distributor currently under contract. Although these estimates were carefully constructed to the best of our knowledge and information available at the present time, there can be no reasonable assurance to a prudent investor that the company will achieve these forecasts totally, even though it is equally possible they may be exceeded; please read the legal disclaimer stated below.
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EliteYoda

03/16/11 4:37 PM

#16528 RE: ddm1082 #16504

ddm - Yea I think the company does kind of go too far in their grouping of the Smokers Option with the well known electronic cigarette, but then again those two different kinds of cig hold together more of a dissimilar characteristic versus a normal cigarette than they do against each other so I think it is fine, for now to call the Smokers Option an 'ecig', whatever.
I think once the 'REAL' is out and selling globally, they should no longer call the Smokers Option an 'ecig' in order to make the 'REAL' ecig stand out better on its own; for that is the true money maker. Smokers Option will get more popular and catch on over time but I think you are right that for now sales will be weak.
I do not think that financials, if the report ever exists, will be too terrible. I think that as with most startup companies, there are two main phases whereby the company loses most of its investment capital and/or money on the balance sheet (or going more into debt); first phase is R&D and product development and second phase is marketing and distribution. Phase one is basically complete so that was the long drawn out tough 2 years of watching dilution and promises, that should be over now in the coming weeks, very exciting. So, in this interim time, I cannot beleive that the company spent a whole lot of money and if they sold a decent number of Smokers Option packs in stores/vending machines then the margin could very easily be positive, though I still do not think it was probably enough to make a significant dent into their liabilities which stand at close to $2M+.
As for phase 2, the marketing will be very very costly so that is another story BUT if they are ramping up sales in Belgium, Europe, etc with the Smokers Option, they get even some traffic to the new web store to sell the launch of the 'REAL' who knows, 2011 could be a strong year for them in which they could focus on paying off their debt and breaking even, that would huge as then there would be actual tangible book value (assets on the balance sheet) and the stock would be worth a few pennies easily.
I too think that revs will be in that $300K ballpark, in my mind in a range from $100K to $500K. I would be very positively surprised if revs got even close to $1M as I would be very negatively surprised if revs were pathetic at or under $77K.
Im looking primarily for ANY financial report, if it eventually exists (even if it shows a loss) then I will be happy with the stock/company. Secondarily, looking for a slight uptick in margins and hoping for say revs of $500K in order to bring the stock over one penny; that would be a very solid report IMO.