BigJimW,
Thank you so much for the great videos! ProtoType asked you a direct question and I hope you don't mind answering. Where did you get the $500 million figure from? You mentioned electronic cigarette sales already topping $100 million this year. Are you suggesting that every $1 spent on electronic cigarettes takes $5 away from the government, big tobacco or big pharma?
I am on board with most of your ideas, and feel you are doing the community a great favor by "telling it like it is", but I don't want our arguments to lose merit because of emotionally derived "statistics".
It's really a shame that the media outlets won't show THIS side of the story. Great work!
It's easy to figure out. Based on one person who totally gave up analogs for vaping. If this person smoked 2 packs a day, at $7.00 a pack, that is $14.00 a day. Multiply that by a week, that is $98.00 a week. For the first half of 2009, at 28 weeks, that works out to $2,774.00. Just in ONE person quitting analogs altogether and vapes.
Now, e-cigarettes grossed over $100 MILLION just in this year alone in this country. I figure that at least, at the figure I see from the profits, at least 500,000 people turned to vaping. Not an unrealistic figure and in fact, MAY be very conservative. Multiply $2,774.00 by 500,000 people in revenue lost, it adds up to $1,387,000,000.00
Even the one pack a day smoker at $7.00 a pack, $7.00 a day * 7 days = $49 a week * 4 weeks = $196 a month * 7 months = $1372.00 lost per person. Multiply THAT by 500,000 and you get $686,000,000.00
My $500 MILLION figure is actually quite conservative.
Just remember folks, the United States is now getting an erection to ban them. The simple figures above proves why. I don't feel the need to explain it any further.
Either way, Big Biz lost a ton of money. And that is why they are worried and want to ban the e-cig.
Are you suggesting that every $1 spent on electronic cigarettes takes $5 away from the government, big tobacco or big pharma?
Yes I am. Because that is exactly what it is doing. If you knew how much money I saved so far, it would make your head spin.
VAPE STRONG!