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Really? Is that the only way you look at revenue? I can't even believe I'm wasting a post for a response.
http://en.wikipedia.org/wiki/Revenue
You really seem upset or desperate becuase others are seeing the value of LTDI
GOOD TIMES AHEAD
MBBLLEG, here is a summary of some pr's, I do this to help me piece timelines together, maybe it will help others too.
LTDI.PK has recorded sales exceeding $600,000.00 through the first four months of 2008 this is an increase of almost fifty percent from last year's sales during the same period. These sales have been generated from the type of boat shows that attract many highly motivated "buy-now-type" customers, as well as potential or promised orders for national and international sales. The shows LTDI attended to generate these sales were, The 67th Miami International Boat Show (February 14-18, 2008), The Texas International Boat Show (April 24-27), The 26th Annual Bay Bridge Boat Show, in Maryland (April 24-27, 2008), along with various marketing strategies that are currently being implemented throughout the nation.
"Based on current orders and the demand that we're receiving from boat shows and favorable press like the Hot Boat Magazine feature, we are conservatively setting a projection of achieving $6 million in revenue for 2008."
You're right, it does'nt APPEAR to, but does'nt mean it is'nt either. Things are not always what they APPEAR to be, you ought to know that if you have any experience at all in trading stocks.
LTDI will rock, imo.
hokifan38, now look what you've done, we'll be putting up with the dang beating of war drums all weekend, pounding out a reaction to your EXCELLENT DUE DILIGENCE. :)
Good job!
And yet, you own shares, youses own words. Youse keep beating drums, youse stock spirit want war on pps? Stock pps got red war paint on t-day.
there are links at the bottom of that post
Anyone think volume past couple days has anything to do with:
ITEM 3.02 – UNREGISTERED SALE OF EQUITY SECURITIES.
"the Company’s receipt of a second purchase order"
http://www.sec.gov/Archives/edgar/data/1123845/000114036108013240/form8k.htm
Compare the dates with the two part CD, and volume with the chart
http://stockcharts.com/h-sc/ui?s=DCNM&p=D&yr=0&mn=3&dy=0&id=p31231967411
This speaks volumes to me, and feel like it should be posted again.
MIAMI, FL--(MARKET WIRE)--Jul 16, 2008 -- Latitude Industries, Inc. (Other OTC:LTDI.PK - News), a manufacturer of high-performance, center console powerboats, announces today that it is making progress on the possible buyout from an International group.
On or about June 11th, 2008 Latitude Industries announced a possible buyout and many speculations in regards to this possible buyout have come to our attention. It is true that we have been approached by an International conglomerate and at this point in time we can report that we are making progress.
In regards to the International Group, all we can disclose at this moment is that they are headquartered in Ningbo, China. This established firm has over a thousand employees and is housed in more than 80,000 square meters of manufacturing facility.
"One thing I would like to express to all of our share holders is that with or without a buyout, I will not back out, no matter what anyone speculates or what the market dictates. I'm committed to this company, to this industry and to our shareholders," said Orlando Hernandez COO Latitude Powerboats.
==================================
I also want to repost this:
"While we had not been considering selling the business, the interest we received has given us reason to listen."
"Moving forward, management has reserved not to make any comments until it completes a thorough verification process both of the buying party and any buyout tender offer made."
**************
They HAVE commented, and ARE MAKING PROGRESS, so I/you/we could safely assume the TENDER OFFER ought to give us reason to HOLD OUR SHARES!!!!!!!!!!!!!!!!
**************
http://biz.yahoo.com/iw/080716/0416339.html
http://biz.yahoo.com/iw/080611/0406048.html
So are we to assume that your group is gonna run the pps like you claimed last time you were here? Can't tell what your intentions are with that post, honest, sincere, gloating, rubbing it in, or what? Last time you was here, If I remember correctly, you thought DCNM was next best thing to sliced bread, then when pps went down your feelings for DCNM went with it. Am I right so far? Should we set aside $25,000 with you this time? I don't think I need to say anymore as your reputation precedes you, imo.
Have a good day.
loganwolverine, are you implying that you sold short?
seabiscuit, thanks again for your post, makes a lot of sence. I'll repost, hope you don't mind :)
(from seabiscuit) Comments : It now makes sense to why the negotiations are taking longer than we had hoped . China are tough negotiators
and I detect from Orlando's frustration in this press release that the Chinese company likely wants the Latitude operation moved to China where their +1,000 employees and 80,000 square metre facility could build the speedboats quickly . The Chinese company should want to keep a foothold in the U.S.A.
to access the connections already established by the Hernandez's and Latitude Industries , which would keep Latitude a public company .
China has vast amounts of disposable cash and the country is buying up as many companies , technologies , and natural resources as they can from around the world , so I do not think that the buyout dollar figure is the issue , but more an issue of where Latitude will be domiciled .
In a book that I have read by Clyde Prestowitz , called ' Three
Billion New Capitalists : The great shift of power to the East ' it shows how China and India are feverishly trying to catch up to the West . Three billion people are buying cars , trucks , ships , planes , and other machinery that need oil and gas , and those countries will pay ANY price to obtain those commodities , among many other technologies and natural resources of countries around the world .
China has one of the longest coastlines in the world , so having state of the art speedboats to patrol their coastline would be paramount to their own national security in this politically unstable world , and they have the cash to do so .
The buyout process with China may be worth more money to LTDI shareholders than a buyout from any other country .
As I see it .
Renee
hokifan38, EXCELLENT POST, now reference to your siggy, that's the truth I "can" handle. :)
dogma3, DCNM could "become something big", if BAIN would tell the truth and follow through with that info. The potential IS here. We just need management to honestly follow through.
One poster here did not like what I was saying in the past and openly, unjustly, told me to shut the f*** up, that really hurt, as I always post fact or my honest opinion, and have never ran a company down for personnal gain, oh well, best of luck to us all.
(Are you having fun harr449)?????? envious
Thandster, me too :)
alien-IQ, you posted what I have had in my mind, whoa, makes me wonder about your alias :)
Vianna, my thoughts exactly. Might even hold long enough to get long-term capital gains tax, instead of short-term capital gains tax. :) Best of luck to us all.
GOOD TIMES AHEAD
seabiscuit, good morning to you. This link will without any doubt re-enforce your post, especially for those that don't have the time or like to read. :)
http://www.cnbc.com/id/25366043
"a production line rigger"??????????
I don't think so....
http://biz.yahoo.com/iw/071003/0310450.html
Did you lose the bid OVER ACHIVER????
Lost the bid didn't ya????
Maybe Orlando knows you???
MIAMI, FL--(MARKET WIRE)--Oct 3, 2007 -- Latitude Industries, Inc. (Other OTC:LTDI.PK - News), a manufacturer of high-performance, center console powerboats, announces today the appointment of Orlando Hernandez as Chief Operating Officer.
Mr. Hernandez will be responsible for managing the day to day operation and the company's investments in manufacturing and product development, as well as head advisor to the board of directors.
"Luring my husband in was not an easy task," expressed the family-oriented Carolina Hernandez, President and CEO of Latitude Powerboats. "Although Orlando has been involved in the development and structure of Latitude Powerboats from its inception, his many other business ventures and obligations did not allow him to come aboard full time. Now he's totally committed to the progress of our growing company."
Prior to joining Latitude, Mr. Hernandez was part owner and General Manager of Oceanika Yachts USA, a multimillion dollar dealership for Regal, Pursuit, Caravelle, and Nautic Star Boats. He is also the president of Navigator International Yacht Sales and has served in many managerial positions since 1990, when he started his career with Champion Marine, the world's largest Wellcraft and Cigarette dealer.
Mr. Hernandez stated, "I'm excited and eager to put into motion my 17 years of experience and knowledge of the industry and to assist in the development of this rising and promising company."
http://biz.yahoo.com/iw/071003/0310450.html
Were you a competitor that lost the bid for that "U.S. Customs"/DHS order?
OH, NOW THAT'S SPIN'N some words now is'nt it
"And by the way, the boats were built for US Customs, not the DHS. There was no DHS at the time."
kg, I would love to be a partisipant in that show, oh the pleasure that could bring. The CEO that's got to go show" hehe. Or maybe a new spin on "To tell the truth" (ceo's and how they HONESTLY do bussiness).
Dunk'n machine
Pie in the face
kg, now look what you got me thinking here, errr DAMN DEWEY
harr449, I'd have to say you are the envy of the board right about now, enjoy :)
Hope you're having a fun and safe vacation :)
dogma3, like a ghost town, but I read it everyday :)
Penny stocks like LTDI may get support someday, I hope so anyway.
NEW YORK (MarketWatch) The U.S. Securities and Exchange Commission said Sunday that it and other regulators are firing up new examinations to prevent stock-price maniplation by short sellers and others.The agencies' goal is the "prevention of the intentional spread of false information intended to manipulate securities prices."
http://www.marketwatch.com/news/story/sec-others-launch-probe-stock-price/story.aspx?guid=%7BDE7DC628%2D05A6%2D4986%2DB31D%2D1F8B521F96BA%7D&siteid=bnbh
Invisable ink? I see no message
4ryan, ya know, by the 30th, we might have made a whole lot of money with LTDI. Keep your chin up bud.
GOOD TIMES AHEAD
bud_fox, yes that was an excellent question. Fellow longs, please don't let non-believers get the best of your emotions. Our ban list is growing, which shortens the total number of excellent post. This stock will rock soon, imo.
what do you mean "next lie"???
I think he is a boat builder not a poltician.
Do you believe him? I do, several thousand dollars worth.
I guess that won't work either uh? Oh well, hey, find me at yahoo, they have email.
Jungle_Trader, have you been to the orient? Asia? I have, and I can personaly tell you that kind of communication, if taken out of context, or sugestive of confidential talks being released, can and most likely would be taken as an insult and could cuase serious consquences to the deal, if it is them (or someone they know). A lot of people have a lot of money invested here and I don't think we/I or you would appreciate it being fouled up just becuase someone can't give the company the time and room needed to make a smooth transaction. Think about it.
limey, 9 post left :)
Feel free to send a pm to me and with your permission I can make it a public post, if you are interested. I have 9 or 10 left (us freebies can stick together)
thelimeyone, you beat me to it, was going to post almost the same info, and I mean almost the same. Way to go limey, I thought building size was mentioned for a reason also :)
I may knot sphell corektly, but I know basick math :)
Money maker in motion jere, imo
I agree, that was not a very smart thing to do. It could have VERY NEGATIVE results. Geesh people, use your head, :(
Absolutely! Very true! :) Right on the spot!
Still here, still holding :)