Latteno Food Corp. Signs LOI Agreement With Real Estate Holdings Entity to Acquire MMJ Grow Farm in Colorado
04 Março 2014 - 12:15PM
Marketwired
Latteno Food Corp. Signs LOI Agreement With Real Estate Holdings
Entity to Acquire MMJ Grow Farm in Colorado
Imminent Relocation to Colorado Springs/Denver in Progress
SANTA ANA, CA--(Marketwired - Mar 4, 2014) - Latteno Food Corp.
(OTC Pink: LATF) announced today that it has signed a LOI
agreement with a real estate holdings company to acquire MMJ grow
farm in Denver.
Latteno's partner in this joint venture will remain anonymous
due to the sensitive and security aspects of the project. Once
a definitive agreement and funding have been accomplished,
Latteno will name the JV partner and disclose its location and full
details of the project.
In a nutshell, the JV partner
will scout the Denver area for a suitable grow farm/licensed
operators and Latteno will assist with funding to acquire the
property. To expedite and facilitate the JV, Latteno has
already identified office space in Colorado Springs/Denver area and
will sign the lease sometime this week. The move to Colorado
headquarters will take place as soon as initial funding has closed.
Latteno expects early April relocation or sooner as time
permits.
Other newsworthy developments
that investors should expect from Latteno during the next several
weeks:
- MMJ Edibles contest has been closed. Our review board will
select and identify the most popular, healthy diet and announce the
winner(s) by the first week of April.
- Q4 and year end 2013 financials reporting are under review by
our board and accountant. Once signed off, the Company will
file with OTCMarkets and put out respective press
release. Latteno expects filings to be completed on or before
the end of March.
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.
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
Corporate Contact: (310) 974-6043
Latteno Food (CE) (USOTC:LATF)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Latteno Food (CE) (USOTC:LATF)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024