Smokefree Innotec, Inc. closed at $0.023 Monday, trading 1,013,491 shares.
Smokefree Innotec, Inc. (SFIO) Meets Financial Requirements for $400,000 Bank Line of Credit
NASHVILLE, TN, Mar 15, 2010 -- Smokefree Innotec, Inc. (PINKSHEETS: SFIO) (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.
About Smokefree Innotec, Inc.:
Smokefree Innotec, Inc. is 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.
View this release in video format:
http://www.vodnewswire.com/vodnewswire/news/smokefree-20100315/
Free SFIO small cap stock news and charts available at http://stockprofiler.us/?action=main.stock_quotes&symbol=SFIO
For additional small cap news, tools and tips visit http://stockprofiler.us/?action=main.market_news
-------------------------------------------
Vought Defense Systems Corp. closed at $0.375 Monday, trading 0 shares.
Vought Defense Systems Corp. Announces Contract for the Acquisition of Cyber Aerospace, LLC
DUNEDIN, Fla., March 16, 2010 -- Vought Defense Systems Corp. (Other OTC: VDSC) announced today that it has signed a contract to acquire 100% of the issued and outstanding stock of Cyber Aerospace, LLC, which is a designer and manufacturer of Unmanned Aerial Systems which has provides services to law enforcement, military and commercial operation globally.
About Vought Defense Systems Corp
Vought Defense Systems Corp is a holding company whose intent is to acquire companies that are creating inexpensive and technically superior solutions to a growing 6 billion dollar a year worldwide market demand for UAV.
For additional small cap news, tools and tips visit http://stockprofiler.us/?action=main.market_news
-------------------------------------------
StockProfiler.US Announcement!
Membership with access to enhanced stock investing tools is now FREE! Claim yours at http://stockprofiler.us/index.php?action=main.register
Stay connected with StockProfiler.US – Fan up with us on Facebook (keyword: StockProfiler.US) or follow us on Twitter at http://twitter.com/StockProfilerUS
View free small cap company videos and product reviews at our YouTube channel. Visit http://www.youtube.com/StockProfilerUS
-------------------------------------------
About StockProfiler.US:
StockProfiler.US is a media source for publicly traded small cap 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.US seeking an advantage by discovering companies in their startup phase or ones who have yet to be discovered by the investment community.
Call us at (603) 424-4420 or email info@stockprofiler.us
-------------------------------------------
Please Note: All news contained herein has been previously issued by the companies mentioned in this release, and is the property of each company, respectively. All news is edited for content. The companies that are discussed in this opinion have not approved the statements made in this opinion.
This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities.
Stock Profiler.US, LLC's News Division includes but is not limited to:
http://www.stockprofiler.us, http://www.associatesfortune.com, http://www.fastmoneytalk.com, http://www.markettelegraph.com, http://www.thewallstreetleader.com, and http://www.daytradersdigest.com.
Stock Profiler.US, LLC has been compensated for services rendered; Stock Profiler.US, LLC is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter.
To view full disclaimers and terms of use, go to http://stockprofiler.us/?action=main.disclaimer
-------------------------------------------
Keywords: sfio, sfio stock, sfio stock news, sfio stock alerts, sfio company news, sfio small cap stock, small cap news, small cap stock alerts, small cap stock updates, small cap stock news, small cap stock profile
Posts
No comments:
Post a Comment