Tobacco One, Inc (OTC: TBCO) is focusing their efforts on acquiring companies that are already established in the manufacturing and direct national distribution of current high-volume, high-margin tobacco products. The company’s stock was up 65.00 percent on Wednesday, and the company is looking to finalize its first acquisition in the first quarter of 2008. Tobacco One also has further acquisitions under review.
The national distribution network will be an effective engine to properly brand the company’s new cutting-edge product line. This line is currently in the developmental stages. The company’s focus is in the area of specialty cigarettes, cigars, and other tobacco related products, including revolutionary new smoking alternatives. Tobacco One is seriously considering launching into international sales opportunities with an emphasis in Latin America. The company has already commenced negotiations with several multi-billion dollar Latin American companies with “Letters of Intent,” along with representative agreements in place.
With the completion of these acquisitions, the company plans to develop a two stage approach to improve the current organic growth rate of 30 percent to an estimated 300 percent. First, the company would engage in the development of a sales team in the local/regional marketplace where the company operates. The sales team will receive training to cross-market the other services and products the company provides. Secondly, the sales program is to develop a national sales group that will establish distribution channels through both direct sales and agreements with national and regional distributors. This group will also market the company’s products to the largest Fortune 500 convenient store chains. Over the past 25 years, the relationships with these clients have been established by management, primarily as suppliers.
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