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4-Traders Homepage  >  Equities  >  OTC Bulletin Board - Other OTC  >  Latteno Food Corp    LATF

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Latteno Food : Provides Corporate Update; Forms New Subsidiary - Latteno Hemp

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06/04/2015 | 09:49am CEST

Latteno Food Corp. reported the formation of Latteno Hemp that is currently looking for a 40-acre farm in Colorado.

CEO John Pinheiro comments: "Our plan going forward is to better what we already have. We still own Mekonza. In addition, we want to add new revenue stream for the company. Latteno Science will launch a line of products to sell to pharmaceutical, nutraceutical, and cosmeceutical industries. In addition, Latteno Hemp, will offer a line that includes shampoo, conditioner, Hemp massage oil, and hemp lip balm. We are currently working on the logo, and formulations for these products. We will have a prototype in the following weeks for shareholders to see. As our plan comes into fruition Latteno Food corp. should make over 10 mil in revs. The health, and wellness industry are huge markets, and the growth can be exponential for Latteno. As I've stated before we have no plan for a reverse split. We are also analyzing solutions to maximize shareholder value."

According to a release, Latteno Food Corp. is an investment portfolio company that acquires food products, medical marijuana edibles and related products/services with the aim to enhance company growth and development.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

(c) 2015 ProQuest Information and Learning Company; All Rights Reserved., source Newspapers

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