Latteno Food Corp (fka LATF)

[Rich]

LATF is a scam. They copied a 7 year old SEC document from another company and tried to pass it off as their own, please read....

The Company remained dormant until October 16, 2000 when its name was changed to iGoHealthy.com, Inc. On September 10, 2001, the Company changed its name to Latteno Food Corp. Effective December 14, 2001, the Company acquired 100% of the outstanding stock of XCEL Medical Pharmacy, Inc., a California corporation (“XCEL”) and the outstanding shares of BioSelect Innovations, Inc., a Nevada corporation (“BioSelect”) for approximately $4.4 million.
On February 25, 2003, effective January 1, 2003, the Company completed its acquisition of Quality Botanical Ingredients, Inc. (“QBI”) pursuant to an Asset Purchase Agreement for approximately $1.5 million. QBI was a manufacturer and contract processor of bulk botanical materials and nutritional ingredients supplied to buyers in various industries including pharmaceutical, nutraceutical and cosmetics. On October 20, 2004, the Board of Directors of the Company elected to discontinue operations of its wholly owned subsidiary, QBI. The Company, through the secured lender, engaged professional service firms to facilitate the liquidation of QBI’s inventory and fixed assets and to collect QBI’s outstanding accounts receivable. Proceeds from the sale of such assets will be used to repay QBI’s creditors for outstanding obligations. The Company is a co-guarantor of the obligations of QBI pursuant to a Continuing Unconditional Corporate Guaranty dated as of February 21, 2003. Management believes the Company’s continuing operations will not be adversely affected by this action.
In May 2005, management determined that its pharmaceutical operations, XCEL, were inconsistent with the Company’s revised strategic direction of identifying, developing and commercializing nutritional products and functional food ingredients and therefore elected to discontinue operations.
In December 2004, the Company, through its newly formed subsidiary Swiss Research, a Delaware corporation, (“Swiss Research”), initiated an agreement to acquire the assets of Swiss Research, a California corporation, for cash and performance based warrants. Swiss Research is a diet and nutrition products company which markets and sells Shugr, a zero-calorie and diabetic safe sugar substitute with the look, taste and baking qualities of cane sugar. The agreement was executed in August 2000

http://www.otcmarkets.com/financialReportViewer?symbol=LATF&id=98000

Pulled from page 10 of this HESG SEC document...

http://www.sec.gov/Archives/edgar/data/1127696/000101968706002873/hesg_10qsb-093006.htm