SANTA ANA, Calif., April 11, 2013 /PRNewswire/ -- Latteno Food Corp. (OTCPink: LATF) recently announced the signing of definitive agreement to acquire California-based Green Cannabis Collective Inc. Today, LATF is pleased to inform our investors that seafood importing acquisition candidates have been selected and several announcements will be made shortly. In addition to our medical marijuana edibles business, the company is also branching into the high demand/fast growth market of importing fresh seafood from exclusive distributors in Southeast Asia. Our plan this year calls for a forecasted revenue of at least $2,500,000 and $10,000,000 by year end 2015 which we'll be able to achieve or exceed our expectations.
"We are pleased to make great progress in upcoming acquisitions and growth in the seafood importing market," stated Thu Le, Chief Executive Officer. "Additionally, the due diligence on our planned acquisitions in the seafood importing market are done and we'll have an immediate announcement on this and other initiatives. Investors stay tuned as we'll reward them generously for their support and vote of confidence in our future as we're executing our growth strategies."
About Latteno Food Corp. (Latteno.com)
Latteno Food Corp. is an investment portfolio company that acquires food products, medical marijuana edibles and related products/services to enhance their growth and development. The 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.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.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts