I blame you.
Many of these manufacturers, however, are believed to be smaller, informal participants in this market; in describing the current landscape in the ENDS industry, an industry survey respondent wrote, “Too many companies are making e-liquid in their kitchens/bathrooms,” (Herzog et al., 2014a).
This quote (actually part of a quote) is an outlandish example of cherry picking. Not only is it inflammatory and irrelevant, it's presented as if it was part of an accredited study. &)((%&()(^!! It's from an Equity Survey compiled by Bonnie Herzog for Wells Fargo Securities. She's an industry analyst who looks at market trends for investors!
That specific "quote" was taken from a survey on the increasing market trend of vapor/
tank (open) systems. You have to look hard to find the comment among the others...that actually have relevant information.
http://www.vaporworldexpo.com/PDFs/Tobacco_Talk_Vapors_Tanks_ March 2014.pdf
It seems criminal the FDA could pull something that misleading out of the blue. Especially when they attribute it to Ms. Herzog, who is against the regulations. She just looks at the market, btw, she advises big tobacco too. The most recent quote I found for her was in the same article in which the Reynolds reps were praising the new regs:
“Our main concern is that these final deeming regulations could dramatically slow industry growth by disincentivizing consumer conversion from combustible cigarettes,” said Bonnie Herzog, an analyst with Wells Fargo Securities. “This would ultimately have a net negative impact on public health, which is clearly in direct opposition to the FDA’s goal.”