JUUL dancing with the devil.....*

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CarolT

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If it wasn't for all those Smokers getting Sick and Dying, that would Almost work.

And besides, what you said is Based on e-Cigarettes/e-liquids not going down the same "Sin Tax" route that tobacco has. And we All know that they will.
But most vapers have come from the ranks of smokers. So whatever reduces the number of smokers is bad for vaping, too.
 
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CarolT

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Yep...I believe that the whole reason anti-smokers rose up against smoking years ago was because they hated the smell of cigarettes and were willing to do anything they could to get rid of it.


.
Nope. The local bars that allowed smoking were all packed, right up until the ban made them all smoke-free. And the reason they're terrified to allow any exceptions is that, besides taking away business, it would demonstrate how few people care about the alleged smell.

Besides, you can't sell that story to me because I grew up in a non-smoking home, and I never thought it stank. It was and is a pleasant smell to me.
 

zoiDman

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But most vapers have come from the ranks of smokers. So whatever reduces the number of smokers is bad for vaping, too.

I'm just not following all this?

If the Smoking Rate was cut in Half so that meant the "Smoker to Vaper" rate was also cut in Half, Isn't that a Good Thing?
 
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Cool_Breeze

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I'm just not following all this?

If the Smoking Rate was cut in Half so that meant the "Smoker to Vaper" rate was also cut in Half, Isn't that a Good Thing?

zoiDman - You're trying to apply logic. Such logic flies in the face of those who want vaping to be an evermore growth industry.
 

WorksForMe

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Nope. The local bars that allowed smoking were all packed, right up until the ban made them all smoke-free. And the reason they're terrified to allow any exceptions is that, besides taking away business, it would demonstrate how few people care about the alleged smell.

Besides, you can't sell that story to me because I grew up in a non-smoking home, and I never thought it stank. It was and is a pleasant smell to me.


Obviously you and the non-smokers that went to bars back then were not the rabid anti-smokers that I was talking about.


.
 
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dripster

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Nope. It would make far more sense NOT to persecute smokers, because more smokers equals more tax dollars.
The reason why it makes sense to persecute smokers is because persecuting them doesn't very effectively help them quit smoking. What it does do is it helps anti-smokers make it look like anti-smokers care about the health of smokers, by promoting NRTs that, again, simply don't work well. Smokers who complain that these NRTs don't work are systemically falsely accused of not showing true willingness to quit, and these smokers are immediately burned at the stake within seconds after that. It is how anti-smokers hide the fact that these NRTs don't work. So the anti-smokers do whatever it takes to keep you smoking. If everyone quits smoking till there no longer exist any smokers, then the anti-smokers have no-one left that they can still persecute. And if they can no longer persecute, then they lose their profession and the revenue stream associated with this same profession. That's just because you can't be a witch hunter if there aren't any witches. You have to create witches and you have to create a witchcraft epidemic before you can get paid a fortune to continue to burn witches.
 

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zoiDman

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Altria board approves $13 billion investment in e-cigarette company Juul (CNBC)

There you have it. A deal that values Juul at more than 25 times revenues. That's right, revenues, not profits.

Altria seems to think there's continued phenomenal growth potential for Juul.

I knew that Altria has wanted to buy into JUUL for quite some time. But as I understood it, there Wasn't a consensus of what Percentage the Altria board would agree to. As well as to what Percentage JUUL would agree to.

A 35% Stake is Very Significant. Both for Altria as well as for JUUL.
 
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zoiDman

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No doubt. I just wonder how such a crazy multiple of of revenues makes sense when it's clearly not a controlling stake.

In a Free (or even Quasi-Free) Market, that would be Hard to say?

But in a Severely Regulated Market, where Competition and Innovation take a backset to what a Government Agency says you can Sell, and How you can Sell it, perhaps getting 35% of something is Better than getting 100% of Nothing?

JUUL is riding High. And posed to be a Dominate player in a Post 8-8-2022 US market. And Altria's e-Cigarette offering really fell short.

I think it was Hard for Altria to shake the BT Taint on their e-Cigarettes. Putting out Lackluster offerings would have worked if that was the Only game in town. But the FDA pushing back the Drop-Dead PMTA deadline I think kinda caught Altria flat footed.
 
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zoiDman

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No doubt. I just wonder how such a crazy multiple of of revenues makes sense when it's clearly not a controlling stake.

BTW - Say Altria hadn't chosen to move forward with this JUUL Buy-In.

What position would that have left them in as the US moves Forward into a Fully Regulated e-Cigarette Market?
 
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Rossum

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JUUL is riding High. And posed to be a Dominate player in a Post 8-8-2022 US market. And Altria's e-Cigarette offering really fell short.
I remember a time when people thought Vuse would be the dominant player after the PMTA deadline, 'cause it was clearly designed with the PMTA requirements in mind.

8-8-2022 is still a long way in the future; just about as far into the future as Juul has existed on the market. But I do have to admit, they are in a relatively unique position, having beat the 8/8/16 deadline by about a year and with their patent on nic-salt for vaping.
 

zoiDman

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...

8-8-2022 is still a long way in the future; just about as far into the future as Juul has existed on the market. But I do have to admit, they are in a relatively unique position, having beat the 8/8/16 deadline by about a year and with their patent on nic-salt for vaping.

Yeah... Couple that with we might Not get to 8-8-2022.

Because just like this FDA Commissionaire used discretion and moved the PMTA date out, a New FDA Commissionaire might Not see that such discretion is the direction that e-Cigarettes should go. ie: The Durbin Factor.

The Long and the Short of it is Altria brings a Lot to the table. No Matter how things shake out. Or who is the HHS Secretary/Running the FDA. And JUUL is kinda the Goose that is Laying the Golden Eggs right now.

So I could see where Both Sides could feel Benefit from this arraignment.
 

CarolT

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Obviously you and the non-smokers that went to bars back then were not the rabid anti-smokers that I was talking about.


.
Here in Wisconsin, the American Cancer Society, the Public Health thugs, and the Robert Wood Johnson Foundation were the professional instigators. They did so for social engineering reasons (their ideology of 'Healthy People'), with hatred of the smell as a mere pretext. A smoke screen.
 
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CarolT

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The reason why it makes sense to persecute smokers is because persecuting them doesn't very effectively help them quit smoking. What it does do is it helps anti-smokers make it look like anti-smokers care about the health of smokers, by promoting NRTs that, again, simply don't work well. Smokers who complain that these NRTs don't work are systemically falsely accused of not showing true willingness to quit, and these smokers are immediately burned at the stake within seconds after that. It is how anti-smokers hide the fact that these NRTs don't work. So the anti-smokers do whatever it takes to keep you smoking. If everyone quits smoking till there no longer exist any smokers, then the anti-smokers have no-one left that they can still persecute. And if they can no longer persecute, then they lose their profession and the revenue stream associated with this same profession. That's just because you can't be a witch hunter if there aren't any witches. You have to create witches and you have to create a witchcraft epidemic before you can get paid a fortune to continue to burn witches.
Nope. Their skill set of persecution makes them sought after in all the other persecutions, such as fat people. That's why they use the phrase, "the next tobacco."
 
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CarolT

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No doubt. I just wonder how such a crazy multiple of of revenues makes sense when it's clearly not a controlling stake.
Say what? The Securities and Exchange Commission considers 5% to be a controlling interest, and requires it to be reported.

Have you ever seen an actual Definitive Proxy Statement (aka DEF 14A)? Here's Altria's latest:
https://www.sec.gov/Archives/edgar/data/764180/000120677418001093/altria3331351-def14a.htm#p71a

You can see that the directors and officers of Altria are just standard corporate oligarchs, not like the crap tobacco company caricatures of Hollywood. And who currently owns the most shares, namely BlackRock [Rockefeller!] 7.1% and Vanguard 7.3%.

Here's the SEC's EDGAR search page. You can search by name or Central Index Key number, put DEF after it to narrow it to the DEF-14As.
Search Historical SEC EDGAR Archives
 
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CarolT

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Say what? The Securities and Exchange Commission considers 5% to be a controlling interest, and requires it to be reported.

Have you ever seen an actual Definitive Proxy Statement (aka DEF 14A)? Here's Altria's latest:
https://www.sec.gov/Archives/edgar/data/764180/000120677418001093/altria3331351-def14a.htm#p71a

You can see that the directors and officers of Altria are just standard corporate oligarchs, not like the crap tobacco company caricatures of Hollywood. And who currently owns the most shares, namely BlackRock [Rockefeller!] 7.1% and Vanguard 7.3%.

Here's the SEC's EDGAR search page. You can search by name or Central Index Key number, put DEF after it to narrow it to the DEF-14As.
Search Historical SEC EDGAR Archives
Altria still has Murray Garnick as its attorney! That less-than-worthless, outright Judas-goat. He threw the Minnesota tobacco lawsuit to the anti-smokers way back in 1998, by letting Jonathan Samet get away with perjury about smoking and ulcers, and by settling, for more money than the anti-smokers were demanding, and despite the fact that the jury was on the tobacco industry's side. He and the corporation he sold out must have WANTED to lose.

Here's Samet's 1998 perjury.
Helicobacter pylori Causes Ulcers and Stomach Cancer

Samet was until recently the head of the FDA Committee on Tobacco (!), and has been deeply involved in every Surgeon General report, INCLUDING THE LATEST ONE ON VAPING. It's proof that this whole thing is being steered by a tiny group of key people, acting on the direction of oligarchs behind the scenes.

See how outrageous his questioning in the tobacco lawsuit was: "And did you review reports of the Surgeon General?" asked the attorneys-generals' lawyer. For [pete's] sake! He doesn't have read it - he WROTE the [censored] thing! They got away with pretending he's some kind of independent expert, when he's actually a central conspirator who commits scientific fraud and commissions others to do likewise.

Aargh, I get so angry when I see people smugly spouting mass media lies, like that the jury found them guilty, when it never even got that far. Or that the tobacco industry lied, when they can't cite a single word of the proceedings. All endlessly repeated by the mass media, who clearly refuse to connect the dots showing Samet's real role, which are in every single so-called scientific report that they worship like the Bible.
 

dripster

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Nope. Their skill set of persecution makes them sought after in all the other persecutions, such as fat people. That's why they use the phrase, "the next tobacco."
The simple fact their skill set of persecution makes them sought after in all the other persecutions, doesn't also mean they intend to just give up their current association/job in exchange for those other persecutions, as instead they merely seek to expand beyond their original confinement. The tobacco control lobby is where the biggest pile of money still resides, they thrive on smokers like I said, and, they want to keep it that way by not trying to cut the number of smokers too fast, which also helps to explain the anti-vaping crusade that is also an essential part of this same money shark type philosophy, as they would rather fuel smear campaigns against the one smoking cessation tool that actually does work well: vaping.
 
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