Thanks. So who are the people? What's the story here?

Posted by: IslandRunner
In reply to: Informer who wrote msg# 3176 Date:5/19/2008 9:32:38 PM
Post #of 3179

Initials for two people and yes due diligence.

Okay, DD I took for Due Diligence. Yes? No?
What is DG and TV?

Posted by: IslandRunner
In reply to: Informer who wrote msg# 3166 Date:5/19/2008 9:24:20 PM
Post #of 3175


Now on to your question as to DG and TV, they are apparently from what some others have said through their DD short the stock heavily.

Wow, you have a high opinion of yourself. I didn't even realize that I had a limited number of posts in total. Thought it was per day.

Posted by: Argonath
In reply to: Informer who wrote msg# 3165 Date:5/19/2008 9:23:28 PM
Post #of 3174

Uh huh...

No, I think the board knows EXACTLY who Im talking about, and as I said, they would beleive ME more than listen to your pitiful denials.

Hey... I notice I hit a nerve with you didnt I... went and got a full membership so you could respond to me.

Transperant amigo... just like the shorting today. Any fool with Trader 101 skills can see through it.

And Trader 202 skills... as taught by MBBLEGG can see through YOU, and where you come from.

I go to OSO as well. You wouldn't happen to be sponsoring an open race next Month would you? Hoping everyone goes Banana's over it?



Posted by: charliefl
In reply to: None Date:5/19/2008 9:09:16 PM
Post #of 3171

One more time,hope informer reads this:

Got this off of a powerboat blog chat room:Could be they may be releasing a new size very soon?Oh Yeah!!

Not sure about the quality of Midnight Express slipping but the people who built
all of the Midnight Express for Tom Mason have started their own line of boats.

The new line is Latitude Powerboats. Latitude Powerboats incorporate all of the
high standards and qualities that aided Midnight Express in becoming one of the
benchmarks in the boating industry. It is true that the Latitude 35 is the
former Powerplay. Team Latitude prides themselves in offereing a industry
leading performance center console. Currently Latitude Powerboats offer 28' and
35' models with a soon to be released 23' model. If you have been impressed by
Midnight Express check out Latitude Powerboats.

For more information contact:

Fred Brady
ALLSTAR Marine - Latitude Sales
allstarlatitudesales@verizon.net
www.allstarmarineonline.com
www.latitudepowerboats.com

(Embedded image moved to file: pic17410.gif)Attachment: 35-0016.jpg

Thanks, but way too gun shy after the beating I've taken from the reverse split. It is good advice though.

Who do you guys think I am?

Posted by: Derekz
In reply to: Informer who wrote msg# 3148 Date:5/19/2008 9:09:47 PM
Post #of 3166

Sounds like an insider from the past is here. Only shows up when the stock gets hot. Interesting.

Can you please tell me who DG and TV are?


Posted by: IslandRunner
In reply to: Argonath who wrote msg# 3154 Date:5/19/2008 9:05:11 PM
Post #of 3165

I think you hit the nail on the head. Pretty clear whoever he is doesn't like the stock going up and knows a lot about it which both those people DG and TV do considering they have a past with the company.

Can you please spell out what you are talking about?

Who is DG and TV?

I don't think everyone on the board knows who they are, so can you elaborate please. I have no connection with LTDI other than being taken for 10's of thousands of dollars last year when Carolina projected $4M in sales for 2007, and then did a reverse split.



Posted by: Argonath
In reply to: Informer who wrote msg# 3148 Date:5/19/2008 9:02:01 PM
Post #of 3164

"so let me try and educate you a little."


Hmmm... Im beginning to think that you might have been involved with this company for awhile. You sound like someone with 'inside information'.

Could you perhaps work for, or BE a part of...

An organization run by people with the initials D.G. or T.V.?

It seems to me, for someone who just created a username JUST when the action started getting fierce here, the odds that you KNOW, or THINK you know the history of Midnight to LDTI seems awfully suspicious.

And I think that on this board, more people will beleive MY conjecture, than your subsequent 'denial' coming up.

Agreed. It makes sense to bring it to the people who built it to fix it. Orlando's riggers built it for Midnight Express, so it's a natural piece of business.

Thanks for the advice. I know what it's like to be in a forum and a new member with adverse opinions just does not fly. I have said that I own shares that I am positive will never be in the green because they were before the reverse split. I'm not trying to bash the stock price down. I don't think 1 person or this forum has that ability. Just trying to share what I know.

I would like to learn a few things here, but the informative posts are few and far between so far. The one with the video clip and analysis was interesting.

Seriously, thanks for the advice. I do appreciate it.

Posted by: di4
In reply to: Informer who wrote msg# 3110 Date:5/19/2008 8:59:51 PM
Post #of 3158

Obviously homeland security/government knows where to bring their boat when they need service, so it is a good assumption that they know where to get their boats when the time comes to reorder. WHO you know is a big thing in this world as I am sure you already know.

Since you just found out that ihub exists, let me offer this little tidbit to you.

Most of us have been around the stock block a few times.... and seeing negative posts like yours from newbie, recently born dates, coming in- trying to bash the stock price down and create doubt... here it is a dime a dozen. Newbies do not make a dent in investor sentiment because the dd experts here have done too much homework.

Probably no one here believes that you actually own shares. Since you are intelligent enough to be able to form a sentence and anyone with a brain would not come in bashing a stock that they own. Especially at the time it is rising and maybe has a glimmer of hope to get your money back. If in fact you do actually own LTDI and made a ridiculous error in judgement, why don't you just sit back, relax and watch your account grow.

I guess it might seem strange if you didn't know they were 2 different companies. Obviously you don't know that, so let me try and educate you a little.

Midnight Express Boats, Inc. were who the DHS contract was awarded to.

Midnight Express Power Boats are totally different molds and a different company.

Different company with similar names.



Posted by: MercosurTrav
In reply to: Informer who wrote msg# 3143 Date:5/19/2008 8:37:42 PM
Post #of 3146

**Weird because they have a webpage and I've seen them at boat shows ... LOL so NO Midnight Express no longer exists! LOL

http://www.midnightboats.com/

Time for you to know your boat companies is more like it.

Ever heard of Tom Mason? He owned Midnight Express. He is buddies with Orlando from Orlando's company (Corporate 101 for you, that's two (2) different companies. Midnight Express (1) and Navigator Powerboats (2) both of which don't exist any longer) rigging all the midnights. But facts don't seem to bother you much I guess.

Tom and Orlando are still involved with the 35SS.

Tom and his son Tommy bought the Powerplay molds at their bankruptcy auction. They are going to build 23/33/38 foot boats.



Posted by: Argonath
In reply to: Informer who wrote msg# 3046 Date:5/19/2008 8:19:01 PM
Post #of 3138

USWEST Bought out QWEST, and changed their corporate name TO Qwest.

Same USWEST service and structure, different name.

Midnight had the SAME people, SAME boat structures and same business model, but changed their name to Latitude.

Uhhhhhh Corporate 101 there. Time for you to do some studying, AND some REAL DD.

THEN come back and talk to us as an educated trader.

Now I get what you are doing here.

I thought LTDI was doing this, which is why I thought it was deceitful. If corporate is not doing this, and individual users who are not connected with the company other than owning the stock and wanting to see it go higher (obvisously) then this information is out of thier control.

Sorry for ruffling feathers fellas.

I may owe you guys an apology.

Does this website get updated from the companies that have stocks being offered? When the "Show IBox" feature is enabled it has tons of information that assumed was put there by LTDI. Do they update it or does someone from this board do it?

Let's try this. I'll number them.

1) DHS awards contract to Midnight Express. No award ever to LTDI or an LTDI former company or subsidiary.
2) Midnight Express awards sub-contract to Navigator Powerboats (the subsidiary of LTDI that actually built these boats).
3) Midnight Express goes out of business.
4) Navigator Powerboats goes out of business.
5) No more boats being built for DHS.

It was for fiscal years 2000-2007.

I'm not trying to keep the stock price down, just inform people. Starting to think "Informer" might not have been the best choice here.

What part of Midnight Express not being in business anymore am I not highlighting accurately? They held the contract. No more Midnight Express = no more contract to build boats and outsource to an old subsidiary of LTDI.


Posted by: tumbleweed1
In reply to: Informer who wrote msg# 3095 Date:5/19/2008 7:22:07 PM
Post #of 3101

NICE TRY Informer ......you are trying...That was for the year of 2007..The year 2008 is not over yet...It says no where in your link that the previous contract was terminated or any thing of that matter..Sorry you can not tell the goverment only put's out this kind of INFO on yearly basis....tw1

Agreed, and my co. has GSA contracts.

This is when the money ran out for Midnight Express and Latitude Industries DBA Navigator Powerboats. No more Federal dough. Just click the link:

http://www.fedspending.org/fpds/fpds.php?fiscal_year=&parent_id=188997&sortby=a&datype=T&reptype=r&database=fpds&detail=-1&submit=GO

My point was that there is no more contract vehicle for these boats, yet they modified this website with information that makes it look like it is current.

My whole reasons for posting is this kind of things bugs me as being deceptive. I guess I'm the only one judging by the responses I've gotten so far. Sorry if I ruffled some feathers. Really surprised by the reactions I've gotten.

Posted by: wormjmc
In reply to: Informer who wrote msg# 3053 Date:5/19/2008 6:46:57 PM
Post #of 3094

Informer:

I do have knowledge how government contracts work. I have worked on a few and deal with many of them. Uncle sam does not care if it is a 1 man crew or a thousand.

Governement contracts are awarded to the lowest bidder that can complete the job.... That is the bottom line to any company that is awarded a contract. It doesnt matter if it is a high profile company or a garage shop company, as long as the service that is needed is provided and it is the cheapest bidding company as all that matters.

Tough to fight this logic. So the company can take all the failed subsidiaries it has had, previous contracts that don't exist any longer, and roll them up to make them look like have built hundreds of boats to fund thier latest expedition?

Let's see where this one goes. I tried to show you guys something.

Here, is this better?

GO GO GO LTDI!
GONNA HAVE A BIG POP SOON ----I CAN FEEL IT!!!
WHERE'S SHORTY WHEN YOU NEED HIM???? NOT TODAY BABY!!!!
HOLD YOUR SHARES DUDE....GONNA BE A KILLER RIDE UP UP UP UP!!!

Finally we agree on something!

If we were talking about buying stock in Latitude Industries Inc., this would be a whole different ball game. But we are talking about buying stock in LTDI. Latitude Powerboats NOT Latitude Industries.

Latitude Industries does not exist as a company anymore. They built the DHS boats for Midnight Express, who also does not exist anymore. So there is no contract with Homeland Security. It doesn't bother you at all that they parade pictures of DHS partol boats all over this and thier website as if they were currently being produced? Doesn't anybody find this the least bit deceptive? Same as thier saying the built boats for Cigarette and Apache? Who cares what they did in the 1980's? I am interested in today.

All they are doing is repair work on the DHS boats now. They can't get to $6M in revenue doing touch up fiberglass work.

Posted by: MercosurTrav
In reply to: Informer who wrote msg# 3053 Date:5/19/2008 5:42:38 PM
Post #of 3058

**Hey your FACTS ARE WRONG ... Latitude Industries, Inc. built these boats for Homeland Security ... YOUR INFORMATON IS WRONG!

My point precisely! This is the exact kind of stuff I'm trying to make people aware of. It is not LTDI they are talking about. It is Latitude Industries, which is a former company, which made the boats for Midnight Express. These guys are expert at spinning the words to thier advantage. They do not have a contract with Homeland Security. Do you think Uncle Sam is going to award a DHS contract to a 6 person shop over Fountain Powerboats?

http://www.latitudepowerboats.com/boats.htm

This is the section of the website that shows the boats they manufacture. It will tell you right there that "Latitude" has manufactured 40 boats for Homeland Security so far...not bad!

(I can't see them making that statement on their website if it weren't precise. That's a pretty strong arm of the US govt. they'd have to answer to. Anybody agree?)

Sorry. Don't mean to come across that way at all. I guess we'll just wait and see. Seriously, I only want this thing to go up.

Here's a FEW Facts For you:

FACT: Company sold 40 Boats to HOMELAND SECURITY.
No, LTDI did not. Midnight Express did. LTDI has no contract with DHS. Orlando has said so. Why are you holding on to this?

FACT: COMPANY PR'd the Sharestructure on Friday
Agreed. And your point is?

FACT: Company was on the MARCH 2008 COVER hot HOT BOAT Magazine
Agreed. And your point is?

FACT: Company FEATURED in JUNE 2008 Issue of HOT BOAT Magazine
Agreed. And your point is?

FACT: Company has HIGH Quality, EXCITING line of Products with Incredible opportunity for GROWTH.
Agreed. And your point is?

FACT: OVER Half of the companies liabilities are owed to the CEO
Agreed. And your point is?

FACT: Company has SOLID ASSETS
Agreed. And your point is?

FACT: Your Alias was "Born" weeks ago and you have ONLY POSTED UNFLATTERING things about Lattitude Industries.
I just found this board and have been posting what I know.

FACT: STock Traded $130,000 on Friday
Agreed. And your point is?

FACT: Stock was up 70% on Thursday and 41% Friday with Solid Consolidation and slight retrace of 17% today.
Agreed. And your point is?

FACT: Chart Showing BULLISH Indicators - TRENDING UP (SEE Clay Traders Post!
Agreed. And your point is?

FACT: NO PROMO Shares being dumped
So the ones I posted links to are???

If I knew about this board then, I would have. And you probably would not have listened then either from the sounds of it. Still waiting for some facts from your side.

Posted by: MercosurTrav
In reply to: Informer who wrote msg# 3025 Date:5/19/2008 4:56:05 PM
Post #of 3033

**All you do is sit there and post random information YOU gathered without keeping the facts straight ...

You mentioned a R/S ... WHAT ABOUT THE F/S months before???????

The R/S pretty much canceled the F/S ... DO YOUR DD and quit posting nonfactual information as you spin it your way, whatever that is.

If you are in so knee deep why didn't you post on this many months ago? I am calling your bluff right now ... say what you may.

Merc

So please enlighten everyone, including me, what facts I am twisting? Humor me with specifics.

Last year they said $4M in sales. What?

I thought this board was for information, and not for you guys to pump false hope into others looking to buy this stock. All I have been trying to do is post information I have.

Want to read the press release Carolina said they expected $4M in sales last year? They paid for it with 250,000 shares. Click here:

http://www.thenewssvc.com/LTDN021307.html

Want to read the analyst report that gave them a "Buy" rating that they paid $6,000.00 for?
Click here:

http://findarticles.com/p/articles/mi_pwwi/is_200702/ai_n18620776

I am so far underwater in this stock it would have to go way above and beyond the levels you guys are shooting for. I was a victim of the same PR last year PRIOR to the reverse split.

So my intentions are all out in the open guys. It is a great hull with a tremendous history when it was the 33 foot Powerplay. For those of you that have never even owned a performance boat, the bracket the outboards are attached to the boat on is counted as overall length, so what they call a 35 foot boat is actually 33. This is industry standard and above board. No knocks against the craftsmanship or the performance of the product whatsoever. They have skilled people there, but not enough to produce $6M and 54 boats this year from 6 employees.

It is the company I'm talking about.

They, LTDI, do not have a contract with the Govt. When they built boats for Midnight Express (the company that actually did have the contract with the Govt) under an subcontracting agreement with Midnight Express, they built the boats. All of thier wording twists the success they had building those boats YEARS ago for another company. Not LTDI.

I like facts. I post facts. I would like to see someone refute these with facts other than one-liners. That would bring value to this board and the people reading it. I will admit being wrong any day of the week based on facts. So far we have not seen alot of that yet.

When was last sale to the Govt?

Not a repair to a boat they built from another company? I think Orlando is stretching the truth here. Latitude did not beat out Fountain on this contract, Midnight Express did. YEARS ago.

Seriously, can somebody call one of your new good buddies in Miami and get some facts? What you guys call Due Diligence might be leading some people astray here. Google videos and Hot Boat articles in exchange for some advertising dollars in Hot Boat magazine does not make this a breakout stock.

When was the last time THIS company built a new boat for the Govt?

When was the last time THIS company built a boat for Cigarette?

When was the last time THIS company built a boat for Apache?

Where is the 23 foot model that was supposed to be on the market already?

You went for a boat ride. Wow.

You took some video and put it on Google. Wow.

They took total strangers on a boat ride that said the boat looked cool at the docks. Wow. That's really great salesmanship and qualifying your customers.

They won't report financials for another YEAR from now, so why should anyone buy thier stock based on press releases?

$600K of sales or $600K of orders?

I hope the guys who went to the factory come back with more than a couple of pretty pictures of the same boats we have seen over and over for year now, and ask questions some serious questions of them, like did they actually sell $600K of boats, or did they stuff thier 1 (Allstar) or maybe now 2 distributors with orders for boats ----but not sales.

$6 Million in sales is impossible. Literally, physically impossible for this company! Compare apples to apples. Cigarette Racing Team (www.cigareteeracingteam.com) is a privately held, custom high performance boat manufacturer with 130 employees that produces between 70 and 80 boats per year.

It is pyhiscally impossible for a 6 (that is six people) person company -because that is all the employees Latitude has- to produce what would equate to approximately 54 boats.

Quick math again:

Cigarette has 130 employees and makes 70-80 boats per year.
Latitude has 6 employees and can not make 50+ boats per year.

So again more spin. Guys just do some research on your own. Hopefully you were not one of the people that got hurt today when this stock lost 64% of its value.

Guys I hope it runs to $100.00 per share and you all retire. I really do. Just wanted to post what I know.

I own some of this stock prior to the reverse split.

Wow do you guys need a reality check. Someone from Latitiude is spending too much time updating this website to manipulate the price of thier stock instead of trying to sell some boats. Here is some information that is not spun from thier crooked PR efforts:

1) They (Latitude) have never built a boat for Homeland Security. When some of the current former Latitude employees worked for Midnight Express (who is no longer in business) they built those boats. This is the equivalent for a Hyundai employee who was an upholstery stitcher for Ferrari saying that they fabircated interiors for Ferrari. It is spin. Latitude has never built a boat for them and has no contract. Why they plastered pictures all over the website in the last 24 hours is no mystery, they have seen that you guys locked on to this idea and it is driving the stock price up. Latitude, the company that you are buying stock in today, does not have a contract with DHS.

2) Everyone keeps quoting numbers from over a year ago. Look at the financials they released last month, for all of last year. Look under the filings tab:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=ltdi

3) It's great that some of you guys are going to the factory. The Black 28 footer is a customers boat that they have been running all over the country. There are no more out there. There might be 1 or 2 in the mold, but this is it folks. The White 35 has also been out there unable to be sold for over a year. The Black 35 was from the Miami boat show, and is still for sale. Ask them how many boats have been built and sold to date under the Latitude brand -NOT a former company that someone worked at.

4) Have any of you noticed that they have changed thier wording to show Latitude as a "holding" company in the last couple of weeks? I see alot of covering thier tails in the way they have been rewording thier pr.

5) What they do is no different from www.conceptboats.com, www.donzimarine.com, www.cigaretteracing.com, www.spectresportfish.com and many more....so don't think that they are doing something nobody else is doing. The fact that they pay for thier PR and bogus stock opinions is something very unique to them. So beware.

6) Note how they word the manufacturers and mix and match Latitude Industries to Latitude Powerboats? Notice how they say Cigarette Powerboats instead of Cigarette Racing Team? I dare anyone on this board to call the real Cigarette Racing team www.cigaretteracingteam.com and ask them thier affiliation and you will hear silence, ask who they are talking about, and shortly after a call from one of Cigarette's lawyers this reference will be gone. Same with Apache www.apachepowerboats.com ....and as far as I can research, Newtech Marine and Navigator Powerboats are both defunct former boat building businesses that these guys have owned and driven under. See a pattern here fellas?

I'm all for making a buck, but you guys need to know what is really going on here. Look at the amazing short selling that has been going on here. You don't see that happening again? Why?