Smokefree Innotec, Inc. Welcomes New Regulation of Tobacco Products

NASHVILLE, Tenn.–June 25, 2009 (BUSINESS WIRE)–Smokefree Innotec, Inc. (Pink Sheets: SFIO – News) (www.smokefree-innotec.com) today applauded the new legislation signed this week by President Barack Obama which gives the Federal government additional authority to regulate tobacco products.

Smokefree Innotec C.E.O., Thomas Schroepfer, stated, “While one would think that the new law enacted in the United States would have a detrimental effect on our business, we believe that it could be of significant benefit to the future of our product. Our revolutionary product does not contain any additives or chemicals. We believe that the chemical additives, which traditional cigarette manufacturers utilize, will be the focus of the federal regulations which will be adopted to implement the new law. We are confident that our approach will be the correct approach to confront the issues which the new law addresses. Moreover, the totally smoke-free nature of our product ensures that there is no second-hand exposure which is of prime concern to many.” Mr. Schroepfer went on to say, “We do not believe that the future prospects of our Company are in any way impacted by the new law and feel assured that our earnings prospects remain stronger than ever.”

Comments are closed.