Latteno Food Corp. (LATF)

[Sgreg]

Recent T trades was a note converter converting shares. People need to learn this market place. There is a lot of ignorance and untruths. OTC companies raise capital by getting a loan not by dumping shares. The loans are almost always convertible into shares after a certain period of time. The dumpage comes from the note converters. It is common business in the OTC. T trades are regularly used by MMs when note conversions are happening but it isn't the only reason that an OTC dealer might use a T trade. Anyway, it looks to me that a note has been converting the last 3 weeks or so. You can tell by which MMs are on the ask, T trades, amount of volume, among other things. Today the stock appeared to trade "clean". No major dumping into the bid, I didn't see a T trade and volume wasn't indicative of note conversions. If the conversion is over with there will probably be a pop as is normal after note conversions end. Now if you think I'm full of it regarding note conversions in the OTC then feel free to read this Bloomberg article that discusses it in length and interviews the owner of one of these loan companies.

http://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing?cmpid=yhoo