Latteno Food Releases Corporate Update: Plans for More MMJ Acquisitions
October 15 2013 - 9:44PM
Marketwired
Latteno Food Releases Corporate Update: Plans for More MMJ
Acquisitions
Company Receives Cash and Stock Offers to Buyout Wholly-Owned
Subsidiary Mekonza Corp.
SANTA ANA, CA--(Marketwired - Oct 15, 2013) - mLatteno Food
Corp. (OTC Pink: LATF) was pleased to announce last week that both
June and September quarters of 2013 had record numbers for LATF
shareholders. Based on the positive cash flow and profitability,
the Company has been accessing other Medical Marijuana (MMJ)
related products and services to acquire immediately.
The Company's Management has been busy scouting the country for
complimentary MMJ products/services; and has identified a couple of
strong candidates and is pursuing those leads
aggressively. Letters of Intent are being drafted and
presented to potential candidates. Further updates will be
provided as negotiations advance.
Additionally, the Company has received several cash and stock
offers to buy out or its high revenue and profitable Mekonza or its
assets. Management is currently reviewing all offers and will
make a decision in the near future.
CEO Thu Le comments: "We're very excited about our upcoming MMJ
acquisitions and strategic alliances. Our wholly-owned Mekonza has
been getting quite a bit of buzz in the seafood community as of
late. We have constant pursuers chasing after our high
revenue/profitable Mekonza and we're taking those offers
seriously. We'll carefully conduct our due diligence and will
announce our decision within the next 30-60 days."
To accommodate its recent growth, Latteno has move its corporate
office to a high-traffic, visible area of Orange County's populated
business corridor. The new corporate address is 6 Hutton
Centre Drive, Suite 600, Santa Ana, California. The new phone
number is (714) 382-6808.
About Latteno Food Corp.
(Latteno.com)
Latteno Food Corp. is an
investment portfolio company that acquires food products, medical
marijuana company builds revenues and asset value through a model
of continuous growth, income from or sale of its portfolio
holdings, and product licensing or distribution agreements.
About Green Cannabis
Collective Inc. (Green-Cannabis.com)
Southern California-owned and
licensed medical marijuana dispensary and transporting. The
specific purpose of this corporation is to collectively facilitate
medical marijuana cultivation and transactions by and between
qualified patient members of this corporation and/or primary
caregiver members who have the oral or written approval or
recommendation of a licensed physician, as permitted and authorized
by the Compassionate Use Act of 1996 (Health and Safety Code
section 11362.5) and the Medical Marijuana Program Act (Health and
Safety Code sections 11362.7 - 11362.83).
About Valley Organics Inc.
(ValleyOrganics.org)
Southern California-owned and
licensed medical marijuana co-op and transporting. The specific
purpose of this corporation is to collectively facilitate medical
marijuana cultivation and transactions by and between qualified
patient members of this corporation and/or primary caregiver
members who have the oral or written approval or recommendation of
a licensed physician, as permitted and authorized by the
Compassionate Use Act of 1996 (Health and Safety Code section
11362.5) and the Medical Marijuana Program Act (Health and Safety
Code sections 11362.7 - 11362.83).
About Mekonza Corp.
(Mekonza-corp.com) Headquartered in Southern California since
2006, Global Trading Group (GTG) started out as a luxury/exotic car
exporter and eventually branched out into seafood importing which
came about Mekonza Seafood. The variety of seafood products we
offer has allowed us to be an innovator in product development. The
diversity of our products allows us to be the next
force-to-be-reckon-with in the seafood industry. Mekonza has grown
from a small one-man operation to one of the West Coast's most
innovative and well-equipped seafood importing and processing
companies. With outstanding customer service as our secret sauce
and key ingredient, we're on our way to be the industry's leader
committed to achieve the highest possible standards in quality,
service to our clients, suppliers and investors.
Safe Harbor Statement
This release contains
forward-looking statements within the meaning of Section 27a of the
Securities Act of 1933, as amended and Section 21e of the
Securities and Exchange Act of 1934, as amended. Those statements
include the intent, belief or current expectations of the company
and its management team. Prospective investors are cautioned that
any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those projected in the
forward-looking statements as a result of various factors.
Accomplishing the strategy described herein is significantly
dependent upon numerous factors, many that are not in management's
control. Some of these factors include the ability of the company
to raise sufficient capital, attract qualified management, attract
new customers and effectively compete against similar
companies.
Contact: Latteno Food Corp. Investor Relations (714) 382-6808
info@latteno.com
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