posted
An Open Letter to Nicodrops Shareholders via COMTEX
September 11, 2006
IMPERIAL BEACH, Calif., Sept. 11, 2006, Sep 11, 2006 (PRIMEZONE via COMTEX News Network) --
The CEO of Nicodrops, Inc. (Pink Sheets:NCDP), developer of the drug-free, non-nicotine smoking alternative, herbal dietary supplement, today released an open letter to shareholders:
It has been a while since my last communication and I feel it is appropriate at this time to give each of you an update with regard to current business and future prospects.
The last year was a difficult one for Nicodrops due in part to the GlaxoSmithKline lawsuit, but due primarily to the expiration dating error made by our former contract manufacturer, Quigley Manufacturing. The stock price has suffered, and as the company's largest shareholder, I have suffered along with the rest of you shareholders. However, I want to assure you that we are working hard to overcome the damage caused to our current national retailers by the dating error and in addition, we are aggressively exploring a variety of revenue opportunities. I cannot go into great detail due to non-disclosure agreements, but wanted to be able to provide you with some of basic information.
That said, here is a brief look at everything we are working on at this time:
International Distribution Opportunities
South Korea -- We are awaiting final approval from the Korean equivalent of the FDA and established a relationship with a major retail distributor which could result in substantial long-term revenue and possible spin-off into other Pacific Rim countries.
Middle East -- Beta testing and retail sales is underway with a major drug retailer in the Middle East, which is fertile ground for Nicodrops. If successful, distribution will be expanded into all North African countries.
U.S. Retail Opportunities
We are working closely with a major warehouse retailer on nationwide distribution and are investigating a complete box redesign, which will have greater appeal to Nicodrops' target audience.
Talks are underway with another major national retailer with meetings slated for the middle part of this month.
Airports -- We are working closely with 2 of the nations largest airport distribution companies, and hope to have more information on this great opportunity very soon.
Online -- We are still receiving orders from our online retail drugstores, and expect to continue our great relationship with them well into the future.
We continue with limited distribution at Walgreens.
Demand Letter to Quigley -- We have not been able to make much progress with our "demand letter" to Quigley Manufacturing. However, we will continue to pursue this matter. Be assured that it will not distract us from our focus on future sales and working with our current and back-up contract manufacturers.
As part of our new shareholder communication guidelines, we will communicate with you on a quarterly basis to update you on current business, as well as any new developing opportunities. We are very serious about increasing the value of your company, and opening the communication lines to our shareholders is vital to our overall success.
I want thank you for your patience over the last year, and look forward to delivering very positive news to you in the coming weeks and months.
Nicodrops, Inc., Imperial Beach, Calif., developed a drug-free, non-nicotine product which helps reduce the stress associated with not smoking, using all natural herbs.(i) For more information go to http://www.nicodrops.com or call 1-866-844-53
posted
Nicodrops Report to Shareholders via COMTEX
May 8, 2007
IMPERIAL BEACH, Calif, May 8, 2007 (*********wire via COMTEX News Network) --
Christopher Calpito, CEO of Nicodrops, Inc. (Pink Sheets:NCDP), developer of the drug-free, non-nicotine smoking alternative, herbal dietary supplement, today released a report to shareholders:
In my last communication with you on September 11, 2006, I had anticipated having enough news and information to provide you to justify a quarterly communication. As it turns out, our business prospects did not move as fast as we anticipated, thus I waited until now to provide shareholders with an update.
With that said, we have a lot of great news to report for 2007. Although we still maintain our relationships with the retailers and distributors, Nicodrops is making a major direct-to-consumer push to take full advantage of the world's smokers who are trying to quit. At last count, according to the American Heart Association, there are over 46,000,000 smokers in America alone. If just .001% of these smokers try a 30-day supply of Nicodrops, Nicodrops can achieve over $2.28 million in annual revenues. If we get .01%, that number grows to $22.8 million. Looking at the worldwide smokers, it is staggering to know there are over 1,100,000,000 smokers. The potential is truly amazing, so we are starting to aggressively pursue this market directly through proven methods and mediums.
New website:
We have partnered with Yahoo!, Google and MSN preferred vendor, Colorado Web Solutions, to completely revamp and redesign Nicodrops.com. Colorado Web Solutions (CWS) has been working with online businesses since 1997. The primary focus for CWS is Yahoo! store development, and affiliate management. Nicodrops and CWS have teamed up to take Nicodrops to the next level. Not only will Nicodrops have a new state-of-the-art Yahoo! site to showcase Nicodrop's excellent product line but we are also expanding our marketing initiatives with an affiliate program. With the combination of a premier design company, new marketing initiatives and an unparalleled product, Nicodrops and Colorado Web Solutions look forward to a dynamic relationship.
The new and drastically improved site will go live this week, and we anticipate a very successful re-launch. We have been working hard with our developers and strategic partners on designing the site to provide the necessary information for smokers who desire to stop smoking. Our new shopping cart is easy-to-use, and makes purchasing Nicodrops more convenient.
Search Engine Optimization
With our new SEO/SEM partner, we are implementing very sophisticated Search Engine Optimization and Search Engine Marketing programs for the site, and plan to show up on the 1st page search results for the top 5 search phrases: Stop Smoking; Quit Smoking; Smoking Cessation; Smoking; and Smoking Help.
On average over 3.2 million smokers in just the U.S. alone are still looking to stop smoking on the Internet every month as reported by the Yahoo!, Google and MSN.
Nicodrops is utilizing the mass marketing capabilities of YouTube and MySpace by strategically placing the company's infomercials on these sites, resulting in maximum consumer exposure.
Affiliate Marketing
Nicodrops is in final negotiations with a well-respected NASDAQ company, which is a leader in the affiliate marketing space. Our new affiliate marketing campaign will launch soon after the new Nicodrops.com website goes live. We will release more details regarding this exciting new affiliate marketing partner soon.
On the retail front, we are pleased to inform you Nicodrops are still being sold through Walgreens, CVS.com, PureZing.com and other boutique outlets. Through the success of our new and aggressive online campaign, we feel confident we will attract more attention from additional retailers throughout the year.
Thank you once again for your patience, and I look very forward to providing you with much improved financial results in the very near future, which we expect will result in a higher share price of your stock.
Nicodrops, Inc., Imperial Beach, Calif., developed a drug-free, non-nicotine product which helps reduce the stress associated with not smoking, using all natural herbs.(i) For more information go to http://www.nicodrops.com or call
posted
This company has always had great potential. I've owned it for several years waiting for a breakout. Their product works well according to the testimonials I've read, and I dont understand why it hasnt taken off. Evidently there has been some problems with packaging and distribution, plus I believe they filed suit against the original packaging company for doing a lousy job, but I never heard how that worked out. I look forward to more good news and eventually a nice profit.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
