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I dont believe that there is much that they can do to salvage the company since they have just published their Qrtly statements saying that they dont see how they can cntinue operations since they are millions in the hole with no real way out.
While we all know this is BS in the way that we have been handled as shareholders and investors...how many are not now considering themselves flippers as soon as they get the chance???
No but we lost the two that were mods for this board...which is what i stated in the post?
What does it matter in who they would be selling to? Are they doing so well that they can be selective in which gender they respond to? Because I am not seeing it in their financials that they have any way to be selective in the choosing of their customer.
Talk about dying out...now we have no moderator and one of our assistants is gone too. Are all the holders abandoning ship???
LETTER TO ORLANDO...AND NO ARGO IT IS NOT WHINING IT IS SIMPLY ANOTHER CONCERNED SHAREHOLDER THAT SITS HERE WITH THE REST OF THE PEOPLE THAT GOT SWINDLED
Caroline and Orlando
Should I ever expect a response or have you decided to forego any communications with shareholders while you decide how to spin the next PR? Will you even put out a PR? Why are you so willing to let your own shares in your own company dwindle to worthlessness? We have waited and never have we gotten anything except a half of a PR. You have never explained the increase is the A/S and seem to only want to answer the shareholders that have no real questions for you. I don’t expect that I will receive one for this email either, but at least I am trying. Maybe you just don’t have internet access any longer since we are still unsure as to why it is that you will be moving the company from their current location. Just a lot of questions and yet neither of you will come clean. You have taken an investor that was serious about OUR company and made me into a painfully impatient shareholder that has lost a lot of money.
Maybe when you do dump your increase of shares we will see your true colors. I think most of us are already seeing you through clearer eyes.
Sincerely
Brian
From: Brian
Sent: Friday, July 11, 2008 11:54 AM
To: 'Brian Hodges'; investors@latitudepowerboats.com
Subject: RE: New Investor
Carolina and Orlando
I realize that you are both trying to make boats and get them sold, but there are some serious concerns from your current list of investors that have been voiced on the many various message boards that must be addressed in order for this stock to remain moving in a positive direction.
1) We have learned that you will no longer be at your current address. We understand that the building is now back on the market for lease. Are you being evicted? Have you secured a new building to work from? When will the move take place?
2) The paperwork has been filed with Honda Marine and a PR was released stating this fact. When do you expect to be notified that you were accepted or denied as an OEM distributor for them?
3) The buyout release was made weeks ago now with no follow up. When do you expect to have the ability to release any further statements as to the progress of this offer? Who is the company that is looking to buy you out?
4) How many boats have been built this year since Dec 31st, the date of your last financial statement? How many boats have been sold since that date? How many boats have been ordered with a deposit placed?
5) What was the realized success of the boat shows that you have attended? How many orders did you receive?
6) What is the plan for the additional A/S? Who will hold this extra 3bln shares? What is the status of the 500mln shares that were being held in escrow? Has the escrow date passed and they are now in free trading? Who were they held in escrow for?
Many of us are here as long as we get factual data from you, but a lack of response or lack of serious data in these questions will ultimately result in many shareholders dumping their shares as uneasiness is creeping in to just about every holder of this company. I am not one that is looking for a quick buck. I am looking for my shares to increase to the level that we all believe they should be at at a minimum. Your understanding and responses to this email would be greatly appreciated.
Sincerely
Brian
________________________________________
From:
Sent: Tuesday, June 24, 2008 2:39 PM
To: 'investors@latitudepowerboats.com'
Subject: RE: New Investor
Orlando
Just checking in to see if there is anything going on with the company? I am watching iHub and understand that you do also from time to time. If there is anyway that you could respond to some attacks going on in the board today it would be greatly appreciated. Is there talk of a buyout or is there just the negotiations with Honda Marine? Do you have a criminal record? (this was posted without much sanctimony this morning) Are you looking to purchase new molds? Are there any problems with your molds at this time?
Thanks Brian
As I sit here and recount all the times I have heard the same story, it is amazing that all of us are still here--besides the fact that we are all waiting to see if we can salvage anything at all from this position.
I see some are attempting to email Orlando again, and yet if he does answer you keep in mind this:
He will not answer all of his shareholders, only a select few. This is not good since he is acting as the PR person for the company.
He has plastered indefinitive PRs to pacify us in the hopes that he can keep the tide of buyers healthy, but that tide is drying up. His 504 is becming worthless.
No further news on Honda Marine or the buyout...only leads shareholders and those looking in on this stock to believe that he either outright lied or the deals have gone up in smoke.
We no longer see the normal group in here touting the great rewards coming to this company and its shareholders. This is an indication that it was simply a pump and dump, but if it was truly a P&D, then it was done by amatures. The margin of gains could have been more with a concerted effort of both the COO/CEO and the pumping posse. This is not to say that it wasnt done.
We wont see news this week or next. The stock bids will dry up and we will be forced to live with the write off this year in taxes.
Before you start sending PMs about how I am a Mod...keep in mind that a mod for this board is not required to only say good things about this stock. We are all here to make money and when the stock has performed as this one has, sometimes someone simply needs to speak the truth.
If Orlando is reading this, then I say you need to quit reading the boards and start putting out PRs. If you are unsure how to write a winning PR then maybe you can employ someone from this board to do it for you. I am sure we all know what needs to go into the next PR and could write one 100 times better than what you have put out so far.
Are you the only person allowed to speak on here...or wait did I say something that offended you. I DO wish that I had bought back in April (as I am sure a few others wish they had also). who would not have wanted to make some money instead of lose it? I dont understand how you come off talking to anyone the way that you do.
Why are those better stocks than the ones the rest of us have??
I wish I had bought in April...I could have gotten out a while back and felt good about it
Well GMTA and was actually hoping beyond hope that we would get some type of update before we fell lower, but I guess that will not happen...Thanks Orlando and Carolina
We will see 0.0001 today...no news from Orlando and the interest has dried up. No one willing to buy unless we sell at 0.0001 right now...so once again thank you to Orlanda and friends...We TRULY appreciate you supporting the shareholders on this one...
Pennystock...the filing did occur on 23 June 2008. It was filed with the Florida Secretary of State. The articles and amendements can be viewed at sunbiz.org.
"You want the truth...you can't handle the truth"
Huge gap built in this morning...could be huge dips and turns this week
I think that Orlando said as much as he has said in previous PRs...
Well to keep honesty running the PPS has nothing to do with whether they were all sales or not...the trades today were 63% sells and 37% buys. It shows that some of the interest is gone.
which email address did you send it to?
He did not respond. I have had three emails sent to Orlando and have never received a response. All those that claim a response never show proof of a response it is always something generic like..."Orlando is in good health and was sipping on a beer." There is never any substantiated "word" from Orlando...not even in his PRs
Your guess is as good as anyone else's on that since Orlando would not talk about it to anyone...he may be in the wind with a few stocks still waiting for the ink to dry on them...I guess I covered a few of my other stocks with this being a tax writeoff...
It may just be best to log off and come back on Monday...No news will come out today (if they are smart and want to carry momentum for a while). Nothing happening today...so it looks like a great day to clean the house...see everyone after the weekend...
If only we could get some "goog" (as in Google) luck...
well looks like that is it for the day...we are swimming in excriment here touted by LTDI mouths and there does not seem to be any one that will step up and give us the actual scoop...
By the way ...
Where are all the ones that said the candle showed we would be booming???? Gotta love a chart reader in the pinkies...
sad thing is we only have three more MMs with bids in at 2 and then we are in to the 1's....Orlando where is the d<>n PR??? The shareholders are getting hung out to dry
well at least we went back down to 0.0002 with a decent transaction...4.5mln on that trade alone
What you mean the "into everything like a two year old" aspect?
Well looks like the only thing to do is set triggers in the systems to make sure I dont get left behind if and when the PPS goes up...not expecting much now since we have been less than impressed with LTDI's PRs. If one does not come out very VERY soon...this PPS is going to get depressed beyond recovery...just holding now because that is all I can do...
How do u see that the LV 2 is UP...the Bid and Ask are where they have been for three days now?
It would be in Orlando's best interest to be watching this, but I am sure he is way too busy (drpping with sarcasm). But if he IS sticking us with no news, then maybe it will serve him right to get stuck holding 3.5 billion shares that are worthless and have zero interest in them...
Orlando
you need to put out some solid news this time...something that is concrete along with the financials...otherwise you better getting ready to file for ch 11
I am not seeing an SEC halt on this so there may not be anymore interest in the stock or the company...if the BIDS dry up we are toast...
I am confused and do not see this with any ties to LTDI...
Charts are not the play here ladies and gents...we are looking at a stock that will not perform--no matter how good the chart looks (which in my opinion is not that great and we should see a fall off of the price that follows the last few times that we ended up with the same candles over the last two months), but instead are at the mercy of UBSS. They have systematically held the price down here and continue to do so today. Don't believe the hype...UBSS is running the show now.
Overacheiver
That was the asset list for one Coast Guard Station...atleast point that fact out before you make a sweeping statement that implies the entire Coast Guard does not have a Latitude/MidnightExpress boat
TD40 dont believe the hype...there is nothing in the magic tea leaves of level 2 data that tells this guy anything about a runner. the charts catually have not changed...this will only move with solid information...cyber is pumping
If you desire to have quarterly reports sent out by a company on a regular basis with no lapses...then maybe the pinkies are not for you...
I have said it many times here...PINKS ARE NOT REQUIRED TO FILE ANY REPORTS EXCEPT WHEN THEIR STATE REQUIRES IT. LTDI is a Pink...they are not required to file.
Well I am back after taking a few days to myself and I see that the same old rhetoric is running rampant. If a R/S was in the future, you would have to see tons more volume than this that we have seen since they came out and authorized the additional shares. I tmakes no since to issue (or dump shares) and then reverse split the holdings. They do not get anything more for the shares that have been sold. Smart money would have been to R/S and then issue additional shares to dump into a market that showed a higher PPS...but then the logic being touted here goes with many of the "expert" traders in that they also look to "help" you out of your shares and then buy them at a deflated level so that they can flip them easily making profits.
Do your own DD and stop listening to the sideline cheerleaders...They are not on your side
HOT BOAT ARTICLE AND ADS PUT TO REST...
for everyone that said it was only for ads
We have tested boats for companies that are advertisors and will become advertisors hopefully. There are companies that will not advertise for whatever the reason. When Hot Boat Magazine publishes boat articles the information is solid and true of what the boat is capable of performance. You can know that the boat test is just that.
Latitude is running 2 or 3 1/2 4c ads.
I hope that your questions have been answered.
Sincerely,
Darrin Davidson
this was a response from an email i sent this AM....just because you all kept saying the only reason they were in the mag was becasue it was part of the ad deal...WRONG AGAIN
Editor in Chief
"You want the truth...you can't handle the truth"
AlphaTrader reports OS for LTDI is 14902t
Buy and Sell vol is 16.8mln to 13.8mln respectively
Not at all...I will hold and either have some expensive toilet paper or I will have some nice returns...either way it was a gamble and my favorite destination has always been Vegas.
10 buys in a row that took care of everyone that was willing to buy at three. Now we are looking at those that are only willing to buy at two.
threes are gone...we are down to two's