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  #41  
Old 01-25-2010, 03:32 PM
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Default SFIO- Smokefree Innotec European Subsidiary Obtains Agreement for $425,000 Line of Cr

Smokefree Innotec European Subsidiary Obtains Agreement for $425,000 Line of Credit
.Companies:Smokefree Innotec, Inc..Press Release Source: Smokefree Innotec, Inc. On Monday January 25, 2010, 9:52 am EST
NASHVILLE, TN--(Marketwire - 01/25/10) - Smokefree Innotec, Inc. (Pinksheets:SFIO - News) (http://www.sfio.us or http://www.realsmokefree.com) announced today that it has been confirmed that the KBC Bank of Brussels, Belgium, has conditionally agreed to open a secured credit line of 300,000 Euros (US$425,000), valid until June 30, 2013 for Smokefree Innotec Bvba, the Belgian subsidiary of Smokefree Innotec, Inc., to finance manufacturing and distribution of its smokefree product.

Smokefree Innotec President Thomas Schroepfer stated, "The KBC credit facility and Smokefree Innotec's policy to charge 60% advance payment for each order of REAL Smokefree, the world's first totally smoke and vapor free hi-tec cigarette, will enable SFI adequate financing to meet the increasing demand in 2010. The backing of the Flemish Government is being arranged to secure this banking arrangement."

He added: "Our wholly owned European affiliate Smokefree Innotec BvbA received revenues of 53,525.43 Euros ($75,754) in December and has pending 232,500 Euros ($329,057) in January. With our additional financing in place we are looking forward to a very successful year."
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  #42  
Old 01-25-2010, 04:26 PM
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Default SFIO-Smokefree Innotec, Inc. Chart

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  #43  
Old 02-04-2010, 04:21 PM
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Default SFIO-Smokefree Innotec to Start Deliveries to European Casinos

Smokefree Innotec to Start Deliveries to European Casinos
Companies:Smokefree Innotec, Inc.
Press Release Source: Smokefree Innotec, Inc. On Thursday February 4, 2010, 9:55 am EST
NASHVILLE, TN--(Marketwire - 02/04/10) - Smokefree Innotec, Inc. (Pinksheets:SFIO - News) (http://www.sfio.us or http://www.smokefree-innotec.com) announced today that in the second week of February its European subsidiary Smokefree Innotec BvbA in Antwerp will be delivering the first test-order of 1,000 units of its hi-tec cigarette product to a casino-group in Belgium. Smokefree Innotec BvbA in Antwerp is negotiating with further chains of casinos in Belgium, France and Germany for quick delivery to them of this revolutionary product on short notice for them to continually carry Smokefree Innotec products.

Manfred Bogaert, Smokefree Innotec's General Manager of European Operations, who is very happy with the introduction in the Belgian casinos, stated: "Traditionally there's a high percentage of smokers amongst people that visit casinos. Thus we will be able to introduce our product relatively easily to our potential users, with a view towards their complete satisfaction and continued use." We also expect as soon as possible a similar launch by Smokefree Innotec of the world's first totally smoke and vapor free odorless 'hi-tec cigarettes' on European ferry and cruise lines.
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  #44  
Old 02-23-2010, 01:47 PM
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Default Smokefree Innotec Belgium Receives Initial Order for 16,000 Units

NASHVILLE, TN--(Marketwire - 02/23/10) - Smokefree Innotec, Inc. (Pinksheets:SFIO - News) (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 a large wholesaler in the Benelux. Delivery of this order is planned for March 15th 2010. As of that day, the smokeless product will be distributed within the 8 following weeks to a large network of over 5,000 vending machines all over Belgium. At the end of March Smokefree Innotec will also participate in the retail fair, organized by this wholesaler to present the smokeless product to its network of retailers (17,500 outlets consisting of gas stations, supermarkets, convenience stores, newspaper stands and tobacco shops). At this fair the wholesaler's clients can directly order their goods to be delivered soon after.

GM Europe Manfred Bogaert stated, "I am confident that this important order signals the start to open the market in the Benelux with a well spread network of points of sales where the smokeless product will be available. A press conference will be conducted soon after to initiate an awareness campaign aimed at the smoking audience."

SFIO President Thomas Schroepfer declared: "We are finally succeeding in achieving yet another major goal. This important agreement proves that the smokefree products are in demand. As of next month, our products are planned to be available in a network of stores and vending machines well spread all over the Benelux. However, at this stage it is not prudent to name the wholesaler, but we will soon update our shareholders on these confidential details."

View this release in video format: http://www.vodnewswire.com/vodnewswi...free-20100223/

About StockProfiler.US
StockProfiler.US is a media source for publicly traded companies and investors to come together and discover market opportunities. Public companies can effectively broadcast their message to a targeted audience who come to StockProfiler seeking an advantage by discovering companies in their startup phase or ones who have yet to be discovered by the investment community.

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.

Contact:
Contact:Smokefree Innotec, Inc.Kim CarrollInvestor Relations+1 949 630 9831StockProfiler.US LLCJay HughesCOO+1 603-424-4420jayhughes@StockProfiler.USLLC
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  #45  
Old 02-23-2010, 01:47 PM
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Default SFIO-Smokefree Innotec Belgium Receives Initial Order for 16,000 Units

Smokefree Innotec Belgium Receives Initial Order for 16,000 Units
.Companies:Smokefree Innotec, Inc..Press Release Source: Smokefree Innotec, Inc. On Tuesday February 23, 2010, 9:00 am
NASHVILLE, TN--(Marketwire - 02/23/10) - Smokefree Innotec, Inc. (Pinksheets:SFIO - News) (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 a large wholesaler in the Benelux. Delivery of this order is planned for March 15th 2010. As of that day, the smokeless product will be distributed within the 8 following weeks to a large network of over 5,000 vending machines all over Belgium. At the end of March Smokefree Innotec will also participate in the retail fair, organized by this wholesaler to present the smokeless product to its network of retailers (17,500 outlets consisting of gas stations, supermarkets, convenience stores, newspaper stands and tobacco shops). At this fair the wholesaler's clients can directly order their goods to be delivered soon after.

GM Europe Manfred Bogaert stated, "I am confident that this important order signals the start to open the market in the Benelux with a well spread network of points of sales where the smokeless product will be available. A press conference will be conducted soon after to initiate an awareness campaign aimed at the smoking audience."

SFIO President Thomas Schroepfer declared: "We are finally succeeding in achieving yet another major goal. This important agreement proves that the smokefree products are in demand. As of next month, our products are planned to be available in a network of stores and vending machines well spread all over the Benelux. However, at this stage it is not prudent to name the wholesaler, but we will soon update our shareholders on these confidential details."
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  #46  
Old Today, 01:57 PM
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Default SFIO-Smokefree Innotec, Inc. (SFIO) Meets Financial Requirements for $400,000 Bank Li

Smokefree Innotec, Inc. (SFIO) Meets Financial Requirements for $400,000 Bank Line of Credit

.Companies:Smokefree Innotec, Inc..Press Release Source: Smokefree Innotec, Inc. On Monday March 15, 2010, 9:00 am
NASHVILLE, TN--(Marketwire - 03/15/10) - Smokefree Innotec, Inc. (Pinksheets:SFIO - News) (http://www.sfio.us or http://www.realsmokefree.com) announced today that by lodging 100,000 Euros (approximately $135,000) as a required pledge, the company has met the basic financial requirements for a line of credit being granted by a prominent European bank. In addition, SFI is pledging receivables and inventory of its Belgian subsidiary Smokefree Innotec, Inc. bvba in the amount of 200,000 Euros, bringing the pledge for the line of credit to 300,000 Euros or $408,000 in total. The credit line, with a 75% guarantee by the Flemish Government already in place, will be activated upon delivery of a satisfying and duly signed contract already negotiated between a major distributor and Smokefree Innotec bvba. The credit facility will be utilized to pay for listing the product at the distributor's accounts and financing of inventory. Funding for the pledge was derived by the Company from both private placements and gross profits on revenues after expenses.

Thomas Schroepfer, SFI President, stated, "In this pledge action we have achieved a major milestone, a step up in accessing institutional financing to expand our business. Speaking on behalf of the officers and all shareholders of SFIO, we appreciate the loyalty and support provided by our investment bankers in their private placement funding of the company's efforts over the past year."
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