Latteno Maintains Record Revenue Pace: Q1 Revenue $3.8M
24 4월 2014 - 9:45PM
Marketwired
Latteno Maintains Record Revenue Pace: Q1 Revenue $3.8M
Latteno's Mekonza Announces New Distribution Contracts
DENVER, CO--(Marketwired - Apr 24, 2014) - Latteno Food Corp.
(OTC Pink: LATF) (PINKSHEETS: LATF) is pleased to announce that
preliminary 2104 Q1 figures confirm that 2013's record Revenue
results have been maintained, in spite of Q1 seasonal downturns and
industry obstacles. Led by continued improvement in
wholly-owned subsidiary Mekonza's continued shipment growth of its
fresh seafood products both domestically and internationally, Q1
revenue totaled $3,795,855; an increase over 2013 Q1 record
breaking revenue. Additionally, the Company's recently reported
aggressive MMJ initiatives have added additional streams of
sustainable revenue growth.
Concurrently with its Q1 Revenue announcement, the Company is
pleased to announce that its Mekonza subsidiary has a number of
substantial distributorship agreements with Vietnamese suppliers
that are expected to increase its Revenue 20- 30% over the next two
years, commencing Q2.
The Company is currently finalizing the Financial Statements and
Quarterly Disclosure documents for timely submittal to OTC Markets,
as required to maintain its OTC Pink Current Information status,
the highest of OTC Pink Marketplace Segments.
"We continue to be pleased with the contribution of our Mekonza
subsidiary and its steadily increasing revenue flow that has been
able to grow and withstand outside industry obstacles," commented
CEO Thu Le. "The stability of Mekonza operation has permitted
us to aggressively implement our complementary MMJ initiatives that
are already beginning to grow revenue from a number of revenue
streams. We look forward to a positive 2014 and will continue
to report all developments."
About Latteno Food Corp.
(www.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.
About Rx Harvest Collective Inc. (www.RxHC.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.
(www.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 (310) 974-6043
info@latteno.com
Latteno Food (CE) (USOTC:LATF)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Latteno Food (CE) (USOTC:LATF)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024