Smoke 51 aquired by Miller Diversified Corp

It's final. Smoke 51, AKA Smoke Anywhere Inc has been wholly aquired by the Miller Diversified Corporation in a reverse merger deal. Having just been aquired themselves in May by the Belmont Partners LLC, this one time cattle feed lot company became a shell corporation in 2003 and now is in the electronic cigarette biz!! Diversified is not just a name for them, it is indeed a way of business.

"We are very excited to have completed this acquisition before the holiday shopping season; the company's rapid growth and exciting mix of brands is something we look forward to building upon." - Kevin Frija, CEO of Miller Diversified Corporation.

And it seems they are serious. No more cattle feed or mergers for them, E-cigs are their new primary business according to the 8-K they filed with the SEC on Nov 13.

Pursuant to the Merger Smoke and Vapeco Holdings, Inc. a Florida corporation, and a wholly owned subsidiary of Miller Diversified, formed specifically for the purpose of effecting this transaction, merged with Smoke Anywhere USA and as a result of the merger Smoke Anywhere, the surviving entity became a wholly owned subsidiary of Miller and is our sole operating business.

There is no word yet on how this might affect the current Smoke 51 management, it's distribution network or current agreements. So, what does this mean for Smoke 51 distributors and affiliates? Only time will tell. But the company does seem aware of the many regulatory issues and has prepared for the long haul.

Our products are relatively new to market, as is the industry in which we operate. Regulations are emerging that will shape the manner and form in which we operate our business and develop our business plans and strategies going forward. We expect that our products will be regulated by the U.S. Food and Drug Administration (FDA) and other foreign governmental agencies for those respective countries in which we sell our products, and that complying with said regulations will be a critical element of our business operations and success.

After all the accounting slight of hand to keep the merger tax free, it looks like once the 2.5 to 1 stock split was authorized by the shareholders and the SEC approved the additional issuance of stock, Smoke Inc shareholders will come out with an 83% ownership in Miller owning 70,670,000 shares of MILR.PK. At the current share prices of .10 / share, this is a 7 million dollar deal.