Acquisition of Smoke Anywhere USA, Inc.

[smokum]

Miller Diversified Corporation Completes Its Acquisition of Smoke Anywhere USA, Inc.


"HALLANDALE, FL--(Marketwire - November 23, 2009) - Miller Diversified Corporation (PINKSHEETS: MILR) has recently completed its acquisition of Smoke Anywhere USA, Inc., a leading marketer and distributor of personal vaporizers and electronic cigarettes sold under the Fifty-One™, Krave™, EZ Smoker™ and Green Puffer™ brands."

Read about it here: http://www.marketwire.com/press-release/Miller-Diversified-Corporation-1080805.html

-Greg

 

[Wireguy]

Shell game, sounds just like the company that should buy Smoke Anywhere. Shell game: Miller Diversified to sell cattle, seek new ownership | Company Activities & Management > Company Strategy from AllBusiness.com

 

[Mac]

Great. This sounds like we have a big screw-over coming our way.

 

[jj2]

Don't know why the link didn't work but here it is again.

Miller Diversified Corporation Completes Its Acquisition of Smoke Anywhere USA, Inc.

 

[oldlady]

This could be good news. We need big players - with money and contacts - on the side of growing this business/market. I hope Miller Diversified invested a fortune in this aquisition.

 

[KonaNeil]

If you look closely, its the same principles moving it to a another entity they own. Nothing wrong there. Really pretty boring. Probably for a tax planning or liability reason.

 

[htchhikr]

Well, I for one have always gone with the belief that you should invest in companies that you personally like or use. While I have never bought anything from Smoke ANYWHERE (not smoking everywhere lol), I do believe in vaping.

At .15 a share this stock would go sky high I think if any restrictions were lifted/ecigs blow up in popularity in a HUGE way. Of course if they do get banned this stock will probably drop to .00000015.

*I am not a trained investor, please consult a professional before investing real money*

 

[danielwd]

The problem as I see it, is that there are so many pirated products, it is hard to say that companies like this (with a stock offering) will reap the benefits. I would also fear that any company offering stock opportunities would be more worried about making a buck and offering those "free-trial" packages, than to serve the general public with good service and a good product.

Htchhiker, you are right, if this law suit does not progress positively in favor of the vaping community, these penny stocks involved in e-cigarettes will be worthless. It seems like very risky stuff to me.

 

[Mac]

I talked to my guy over there and he basically explained that it was just a cheap way for them to go public. The same people are still in charge.

 

[Webby]

I talked to my guy over there and he basically explained that it was just a cheap way for them to go public. The same people are still in charge.

Mac,

We're hearing the same story. As one poster said, it's a shell game.

 

[danielwd]

Does this mean they are in fact interested in getting into the e-cig. business?

And this is why I see Ruyan's stock as more attractive as it is not soley based on the e-cig. business and their revenue (what little it has been) is based on other stuff too. Ruyan also seems more global too, rather than just U.S. based.

These e-cig. stocks, especially those that are american based, will disappear if this suit does not garner support for e-cigs.

 

[miller]

Please direct your attention to our 8-k as filed with the SEC which discusses our business plan in the event of an unfavorable ruling for the electronic cigarette industry in the pending federal court case.

Thanks for your interest and questions.

 

[YoMike]

Please direct your attention to our 8-k as filed with the SEC which discusses our business plan in the event of an unfavorable ruling for the electronic cigarette industry in the pending federal court case.

Thanks for your interest and questions.

anybody want to read it's here,
Form 8-K

 

[danielwd]

Instead of reading all that info, which I did read some, can someone knowlegeable of Miller's stand elaborate and summarize exactly what Miller would do if the FDA banned e-cigs, or declared e-cigs a tobacco product or a drug?

Thanks.

 

[KonaNeil]

Instead of reading all that info, which I did read some, can someone knowlegeable of Miller's stand elaborate and summarize exactly what Miller would do if the FDA banned e-cigs, or declared e-cigs a tobacco product or a drug?

Thanks.

Its worth reading. Overall, its a pretty good snapshot of the E-cig biz. I had little previous knowledge of this company and mentally had it confused with "Smoking Everywhere." After reading, I have more respect for these guys. Making certain they are covering their butts, they disclose all the potential downsides of this risky business. I've seen far less candid declarations from start-ups. However, I'm also used to seeing something about why the company is special and how they will take over the world. I don't see any of that here.

I especially like the following explanation of how, if they kill some of us, it might get expensive and could cause the rest of us to buy less of their product. It shows they can be pragmatists like the guys who run BT.

"Moreover, products manufactured by our Chinese suppliers that are not considered safe and or those products that do not comply with U.S. safety and health standards may cause significant harm and or death to persons who use the product and subject us to liability and potential legal claims and cause injury to our reputation, goodwill and operating results."

To fulfill your request for a summation: They will attempt to jump through any hoops US law dictates in order to sell their products legally and will indemnify their officers and directors from potential personal legal liability. However, they acknowledge that there may be insurmountable barriers caused by bans, lengthy and expensive FDA mandated testing or competition from entrenched drug and tobacco companies having massively deeper pockets.

 

[danielwd]

Its worth reading. Overall, its a pretty good snapshot of the E-cig biz. I had little previous knowledge of this company and mentally had it confused with "Smoking Everywhere." After reading, I have more respect for these guys. Making certain they are covering their butts, they disclose all the potential downsides of this risky business. I've seen far less candid declarations from start-ups. However, I'm also used to seeing something about why the company is special and how they will take over the world. I don't see any of that here.

I especially like the following explanation of how, if they kill some of us, it might get expensive and could cause the rest of us to buy less of their product. It shows they can be pragmatists like the guys who run BT.

"Moreover, products manufactured by our Chinese suppliers that are not considered safe and or those products that do not comply with U.S. safety and health standards may cause significant harm and or death to persons who use the product and subject us to liability and potential legal claims and cause injury to our reputation, goodwill and operating results."

To fulfill your request for a summation: They will attempt to jump through any hoops US law dictates in order to sell their products legally and will indemnify their officers and directors from potential personal legal liability. However, they acknowledge that there may be insurmountable barriers caused by bans, lengthy and expensive FDA mandated testing or competition from entrenched drug and tobacco companies having massively deeper pockets.

Thank you for your time. I'm still holding firm with Ruyan's stock. I am just not sure about any american based offering, but maybe I'll bite at some point sooner or later.

 

[Mac]

Please direct your attention to our 8-k as filed with the SEC which discusses our business plan in the event of an unfavorable ruling for the electronic cigarette industry in the pending federal court case.

Thanks for your interest and questions.

Thank you. I like your products alot and hope you are a big success in years to come!

 

[KonaNeil]

Could someone clue me in on what Smoking Everywhere does?

I've just visited the "51" site. Its professional looking but no more so than TW's and a few others. The inventory seems narrow, completely aimed at beginners and the prices closer to what I hear about at malls than on the net. Is this site all there is or do they have retail shops or extensive distribution as well?

There's beauty in keeping it simple but I'm not sure customers can grow and maintain loyalty to this limited a product line.

 

[Mac]

Could someone clue me in on what Smoking Everywhere does?

I've just visited the "51" site. Its professional looking but no more so than TW's and a few others. The inventory seems narrow, completely aimed at beginners and the prices closer to what I hear about at malls than on the net. Is this site all there is or do they have retail shops or extensive distribution as well?

There's beauty in keeping it simple but I'm not sure customers can grow and maintain loyalty to this limited a product line.

Smoking Everywhere and Smoke Anywhere are two completely different companies. The 51 is made by smoke anywhere USA. Not smoking everywhere. Yes 51 has lots of retail locations and a good bit of distribution.

there are several reviews of both floating around. I am sure you can find them with a bit of searching.

 

[KonaNeil]

Smoking Everywhere and Smoke Anywhere are two completely different companies. The 51 is made by smoke anywhere USA. Not smoking everywhere. Yes 51 has lots of retail locations and a good bit of distribution.

there are several reviews of both floating around. I am sure you can find them with a bit of searching.

Thanks for explaining Mac. I know you're on the firing line, in the biz. For me, living on an island in the Pacific, I've never even seen a mall kiosk.

If they weren't being attacked by our government, I suspect "EveryWhere" and "AnyWhere" would be suing each other about confusing trade name. Lets all just hope "Vaping In My Closet With the Lights Off" doesn't become a better discription of what we do next year.