Smokefree Innotec Receiving Offers From U.S. Distributors; Production of Filters Ramping Up to Meet Demands
14 December 2010 - 11:38AM
Marketwired
Smokefree Innotec, Inc. (PINKSHEETS: SFIO), 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 Company is receiving
offers from distributors in the U.S. market for its for nicotine
and non-nicotine products, on the heels of 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; rather, they are to be regulated simply
as tobacco products. The Company had already begun its marketing
program for sales and distribution in the U.S. marketplace for its
domestically produced non-nicotine product lines, and our attorneys
are working to have the company do what is necessary for SFIO to
comply with tobacco product regulations for its nicotine products
from abroad as well as domestic production currently being set up."
Mr. Schroepfer also revealed that "In my recent conversations
with the management of AHN Biotechnologie GmbH, our European
supplier of our filters utilizing patented and proprietary
nanotechnology to safely imbed controlled amounts of
Nanobead-Flavour-Nicotine-Solution into the filters according to
the DIN EN ISO9001:2000 standards (along with a number of new
variety nicotine flavors), AHN has expressed enthusiasm in moving
forward to elevate their production of complete mouthpieces for
SFIO's high tech cigarettes to ship to SFIO's international and
domestic production and final assembly facilities. Mr. Schroepfer
declared that the lifting of the U.S. ban on e-cigarettes by the
Appellate Court has inspired the SFIO team and all of its
affiliates into action to seize this opportunity domestically and
internationally to create breakthrough revenues and profits for
SFIO, its shareholders, and for everyone associated with SFIO
production and distribution."
About Smokefree Innotec, Inc: www.smokefree-innotec.com
Smokefree Innotec, Inc. is in the business of designing,
developing, manufacturing and marketing hi-tech, nicotine and
non-nicotine cigarette-like delivery devices which are completely
smoke and vapor-free and tobacco-free. Smokefree Innotec's products
are designed to protect the non-smoker from second hand smoke and
all its effects while providing the smoker a way to enjoy a
smoke-free cigarette anywhere, including places where smoking
tobacco or similar substances is prohibited. Further, our products
will allow the smoker to enjoy smoking either nicotine or flavored
non-nicotine cigarettes while not having to worry about the
offensive dangers and ill effects of regular cigarette smoking.
However Smokefree Innotec products are not intended for any
prevention or therapeutic treatment of any disease. Sources of
public information regarding the FDA utilized in this press release
include MedPage Today, Bloomberg Businessweek, and Forbes.com
reports.
A number of statements referenced in this Press Release are
forward-looking statements, which are made pursuant to the Safe
Harbor Provisions of the Private Securities Litigation Reform Act
of 1995, and within the meaning of Section 27A of the Securities
Act of 1933 and Section 21B of the Exchange Act of 1934. Any
statements that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
and goals, assumption of future events or performance are not
statements of historical fact and may be "forward-looking
statements." Forward-looking statements are based on expectations,
estimates and projections at the time the statements are made that
involve a number of risks and uncertainties which could cause
actual results or events to differ materially from those presently
anticipated. Forward-looking statements in this Release may be
identified through the use of words such as "expects," "will,"
"anticipates," "estimates," "believes," or statements indicating
certain actions "may", "could," or "might" occur. Such statements
reflect the current views of Smokefree Innotec, Inc. with respect
to future events and are subject to certain assumptions, including
those described in this release. These forward-looking statements
involve a number of risks and uncertainties, including the timely
development and market acceptance of products, services, and
technologies, competitive market conditions, successful integration
of acquisitions, the ability to secure additional sources of
financing, the ability to reduce operating expenses, and other
factors. The actual results that the Company achieves may differ
materially from any forward-looking statements due to such risks
and uncertainties. Smokefree Innotec, Inc. does not undertake any
responsibility to update the "forward-looking" statements contained
in this news release. Disclosures made in this Press Release are
limited by good business practice and to that permitted to the
public by applicable securities regulations, both Federal and
State, including rights granted to shareholders under the Nevada
Revised Statutes NRS 78.257 regarding limitations of preferential
and selective disclosure of confidential Company information.
Contact: Smokefree Innotec, Inc. George Roth CFO +1
949-309-2778
Starfleet Innotech (PK) (USOTC:SFIO)
Historical Stock Chart
From Jan 2025 to Feb 2025
Starfleet Innotech (PK) (USOTC:SFIO)
Historical Stock Chart
From Feb 2024 to Feb 2025