NASHVILLE, TN, March 19, 2010 -- Small Cap Company Smokefree Innotec, Inc. (PINKSHEETS: SFIO) (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.
Smokefree Innotec, Inc. closed at $0.021 Thursday, trading 889,727 shares.
Smokefree Innotec, Inc. Projects Distribution Expansion to 125,000 Outlets
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About SmokeFree Innotec, Inc. (PinkSheets: SFIO)
Smokefree Innotec, Inc. is a small cap company in the business of designing, developing, manufacturing and marketing a hi-tech, nicotine delivery cigarette-like device which is 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 while not having to worry about the offensive dangers and ill effects of regular cigarette smoking.
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CALGARY, AB, March 18, 2010 -- Cascade Technologies Corp. (OTCBB: CSDT) announced that it closed the acquisition of privately-owned, Los Angeles-based medical device developer Spectral Molecular Imaging, Inc. ("SMI") for stock.
Cascade Technologies Corp. closed at $0.51 Thursday, trading 10,000 shares.
Cascade Technologies Corp. Completes Acquisition of Molecular Imaging Medical Device Company Spectral Molecular Imaging, Inc.
About Cascade
Following its formation in 2004, small cap company Cascade Technologies Corp.'s initial core business was the purchase and sale of semiconductors. After achieving disappointing results in that market, Cascade management determined to review other business opportunities that would bring value to Cascade shareholders, with particular emphasis on technology businesses. In early 2009, Cascade identified opportunities in the field of renewable energy based power producing assets, in solar, wind and geothermal projects. However, upon concluding an agreement with SMI to acquire SMI, Cascade determined to exit the renewable energy sector to focus on medical technology opportunities.
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