Wednesday, May 1, 2013

Logic CEO on Altria"s E-Cigarette Bid





In our third video installment for the day, Fox Business News’s Stuart Varney interviews Logic Technology CEO Eli Alelov. The subject: Marlboro maker Altria’s announcement of an upcoming entry into the e-cigarette market.


Frankly, the interview is overflowing with fluff and misinformation about Logic’s position in the market, with Varney stating that that Logic is “bigger than Blu,” when they are, in fact, trailing market leaders NJOY and Blu by a very wide gap.


Alelov, who claims to run Logic with only a single partner, warns tobacco companies that the e-cigarette market is a different game, and their talents may not work well in the e-cigarette arena.


“We all fly on planes, but that does not mean that if you give us the keys, we can fly the plane.”


Alelov has previously drawn fire from the e-cigarette community for parroting the anti-tobacco zealots’ unfounded claim that flavored e-cigarettes are designed to appeal to young people who don’t smoke. Logic’s e-cigarettes are only available in tobacco and menthol flavors.



Logic CEO on Altria"s E-Cigarette Bid

2 comments:

  1. Electronic cigarettes is less expensive and less harmful then traditional cigarettes.So my friends buy electronic cigarettes from Electronic Cigarette Wholesaler online shop.Where all kind of electronic cigarettes and e-liquids are available at affordable price.

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  2. Are you paying over $5 per pack of cigarettes? I'm buying my cigs over at Duty Free Depot and this saves me over 70% on cigarettes.

    ReplyDelete