posted
SFIO -SFIO Signs Distribution Agreement for South America Click Here to Read the Featured Report about this Company
NASHVILLE, Tenn.--(BUSINESS WIRE)--Smokefree Innotec, Inc. announced today that it has executed contracts with LTI News Industries of Buenos Aires, Argentina for the distribution of its Real Smokefree product, the world’s first, totally smoke-free, Hi-Tec cigarette, in Brazil, Argentina, Chile, Paraguay and Uruguay.
LTI News President, Osvaldo Glatt, stated that, “In our region we have more than 76 million smokers, a growing number of which are concerned with smoking in public places, second-hand smoke and over-all health issues. We believe that the Real Smokefree product is the right product to offer them a satisfying alternative.”
Smokefree Innotec Inc. C.E.O., Thomas Schroepfer, added, “Forming an alliance with LTI News creates a strong platform for South American launch of our sophisticated product. If only 1% of the smoking population in the territory starts using Real Smokefree at the workplace, we’re looking at a potential market of more than 100 million dollars.”
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a Hi-Tec, smokeless tobacco innovation. Real Smokefree is a Patent Pending, odorless, cigarette-style electronic device and is 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 is prohibited. Further, our products will allow the smoker to enjoy smoking while not having to worry about the dangers and ill effects of regular cigarette smoking.
Click Here to Read the Featured Report about this Company
Disclaimer OTC Reporter.com, LLC is an independent electronic publication, which provides industry data and information on publicly traded companies for the use of our readers. All material herein is information supplied by the company or compiled from public sources believe to be reliable. However, the information is not guaranteed by OTC Reporter.com, LLC, to be accurate and should not be considered to be all-inclusive. The company discussed in this profile has reviewed the accuracy of the factual content contained in this profile. Readers are cautioned that this profile contain forward-looking statements that involve risks and uncertainties. "Forward-looking statements," as used herein, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, are those that reference the company's future expectations or plans as contrasted with historical facts. OTC Reporter.com, LLC, cautions that the company's actual results and corporate actions could differ materially from those described in any forward-looking statements discussed herein. Neither this profile nor the statements herein should be construed as an offer or solicitation of an offer to buy or sell securities. OTC Reporter.com, LLC, is not a licensed broker, broker-dealer, market maker, investment advisor, analyst, or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.otcreporter.com.
Disclosure OTC Reporter.com, LLC and/or its affiliates have received a purchase of fifteen million seven hundred sixty six thousand free trading shares from a third party. To date fifteen million seven hundred sixty six thousand free trading shares have been sold. OTC Reporter.com, LLC's affiliates, officers, director, and employees will buy shares in the open market at any time without notice of the company discussed in this profile, and may profit in the event those shares rise in value. OTC Reporter.com, LLC will not advise as to when it will decide to sell and does not and will not offer any opinion as to when others should sell; Each reader should make that decision based upon his or her own judgment of the market. However, if an officer, director, employee, entity under any of the latter's control, or an immediate family member is long the stock, that individual or entity may profit when it will decide to sell.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
