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I also bought these (Just bought to verify Latteno's existence to myself 100%, I know nobody here will believe me anyway). Took about a week to cross the country.
The packaging picture from the previous poster was accurate. It came in an envelope saying distributed by Latteno. There was a box, and in the box was the silver bag with label that the previous posted showed.
They do work, but as someone that did not really need them, they kept me wound up and sleepless for a couple days, so I expect if they are used for a legitimate condition they will work appropriately, but if you don't need them, I hope you have a willing partner lined up for a few days...
lol, this one is not legitimate but all the others are.
Come on, you have to see how that statement is logically impossible.
By High volume, I mean specifically high volume green days, as it shows a positive interest in the stock.
At the end of the day Share Price is more important than volume to me as well. Volume is just another indicator to follow in the analysis.
Agreed, but I will settle for lower volume with legitimate trades instead of manipulation. Over time this will bring the real volume back.
Agreed. I am not a fan of that either, but I would attribute it to money they are burning trying to get the MMJ going, so I can live with it considering revenue is increasing, and they are trying to create another revenue stream in MMJ.
The first two numbers are correct in your post. The net profit was down slightly but revenues were up over Q1 of last year, but the number you attribute to 2012 is actually for 2013 ANNUAL in the document, not for 2012, so it is not a significant decrease over 2 years like you are interpreting, it is actually a significant increase over 2 years ago, as those numbers were basically non existent. (Meaning they were basically nothing, and I cannot locate a filing for that time to give you an actual number.)
The company filed financials but did not release news. Those of us watching saw that the financials were submitted, but traders just searching for news probably didn't notice. So, no surge of income. The company may have had a reason to do this, or just figured they already announced the preliminary numbers anyway. Can't say for sure.
Possible MM interference, and Possible dilution.
Mostly, I would say, that the entire MMJ Sector is pulling pack after the halts as investors are waiting to see who the real deals are, and this one is actually holding better than some of the other MMJ Charts I have looked at.
Download the ThinkorSwim platform and you can get them in there. May also be in there new web based platform, but I haven't used that one much to know.
They stonewalled me too, so at least they are consistent.
And I will certainly re-evalute on Monday. I have been looking at this chart everyday for a couple months, We spend a lot of time together... I just generally don't post them as I have seen many people post various charts already.
With PSAR reversals on the 15 min, 1 hr, 2hr, 4 hr charts today, a reversal on the daily PSAR would put skeptics like me more at ease from a chart level. I am showing this at .0088 for Monday and the way this stock trades that is certainly attainable Monday if this is a true reversal, as the chart indicates, and I do very much hope this happens.
Today is a great sign, but, to me, Monday will confirm or deny the direction.
I believe it will rebound as well, based on the MACD reversal on my daily chart, and all indicators pointing up for the first time in a while, but I don't get excited until the confirmation day is successful.
Call me a skeptic if you want, not specifically of LATF, but of the market in general...
Chart link for reference, since there are so many indicators and chart settings:
http://stockcharts.com/h-sc/ui?s=LATF&p=D&yr=0&mn=6&dy=0&id=p64219401647
What did they say when you called?
She told me the same but also said that the article said they applied to Denver not to the State. I have requested followup information on how to verify with the state and will post the results.
lol, she said she needed more information. That is not game over, that is they need more information. Provide the information and see what happens.
I have yet to receive a response.
I submitted an email and received the same automated response. I will post my results as well, and I expect ours should match, since we emailed the same place, so people will have verification from 2 independent sources as to the legitimacy of the claim.
http://www.otcmarkets.com/stock/LATF/profile
Please explain. I do not understand your post, was this meant for another board?:
"This stock is no longer affiliated with Latteno Food Corp"
1) the A/S. it is 10 Billion, OS is 3.7 according to site.
2) Allegations of not being at 7900 E. Union - someone is looking into that tonight. The previous postings on this topic where not definitive. The pictures where cropped for effect, not wide angle for accuracy.
3) Dead link/no page for the Cannabis subsidiary. - http://www.rxhc.org/
it is on http://www.latteno.com/ click on the green cross
4) I googled the Diamond Grove Delivery service and could find no hits that were independent of the PR released by LATF.
check out http://kepler.sos.ca.gov/
enter DMND, Inc.
it is new but it is on there.
3/18/2014 was the last update date. The suspension is listed as 1998. The current license status is listed as active as of the 3/18/2014 update date.
With a 20 second search I found this, doesn't sound difficult to find if you are actually looking:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49768974
Where are the pictures? The proof? Hearsay is not evidence last I knew. Support your claims if you can; otherwise stop making false claims. DD is about verifiable research, not baseless claims.
Agreed. Actually right now the Marijuana path is hurting the stock more than helping it in my opinion. When they get it up and running, with proven Marijuana earnings, that won't be the case, but for now, they are an importer not a weed ticker, but everyone is looking at it like a Marijuana ticker, where they are currently not yet a player, and ignoring the profitable business they do have that actually funds the Marijuana path, and gives them a leg up in the future when the other companies' fund raising (read as revenue from Dilution if you prefer) is consumed.
"Based on its track record and deletion from the stock market, "
lol, LATF was removed from the marijuana index, Not from the stock market, but I am sure that's what you meant to say.
Personally though, I don't see why everyone put so much weight on an index that has this disclaimer:
Disclaimer
Disclaimer
INCLUSION IN THE MARIJUANA INDEX DOES NOT IMPLY THAT DUE DILIGENCE OR EVALUATION ON ANY LEVEL HAS BEEN CONDUCTED ON LISTED COMPANIES.
Rest seen here:
http://marijuanaindex.org/disclaimer/
LATF was delisted as it needs to stay above .01 for 30 days to be listed. It is their new criteria.
This s a case of quoting only what is relevant to your argument. Here is the full paragragh:
DENVER, CO -- ( Marketwired ) -- 04/21/14 -- Latteno Food Corp. (OTC Pink: LATF) (PINKSHEETS: LATF) is pleased to announce the recent acquisition of Orange County, CA based DMND, Inc. that operates under the Diamond Grove Delivery (DGD) banner. DGD, based out of Anaheim, CA , has successfully signed up over 200 active MMJ patients with daily delivery service to various Orange County, California cities. In addition to DDGD patients list, Latteno inherits several thousand Instagram and Facebook friends/clients, greatly increasing Rx Harvest Collectives' market reach.
Note the sentence directly after where your quote ends:
"DGD, based out of Anaheim, CA , has successfully signed up over 200 active MMJ patients with daily delivery service to various Orange County, California cities. "
Various cities...
1 city is incapable of being various.
And this company is incorporated in :
FOUNTAIN VALLEY CA 92708
not Anaheim, CA
I cannot explain why they would say it is "based out of Anaheim, CA", but me not being able to explain it does not make the company a scam.
So, looking at just Orange County: 1 of 34 cities in Orange County have banned Delivery and not the 1 that the business is in. Statistically, this does not really seem to be an issue.
List of cities within Orange County for reference:
City of Aliso Viejo
City of Anaheim
City of Brea
City of Buena Park
City of Costa Mesa
City of Cypress
City of Dana Point
City of Fountain Valley
City of Fullerton
City of Garden Grove
City of Huntington Beach
City of Irvine
City of La Habra
City of La Palma
City of Laguna Beach
City of Laguna Hills
City of Laguna Niguel
City of Laguna Woods
City of Lake Forest
City of Los Alamitos
City of Mission Viejo
City of Newport Beach
City of Orange
City of Placentia
City of Rancho Santa Margarita
City of San Clemente
City of San Juan Capistrano
City of Santa Ana
City of Seal Beach
City of Stanton
City of Tustin
City of Villa Park
City of Westminster
City of Yorba Linda
What scam did Robinson To do? I find no record of it when I search.
You confirmed it was an actual company registered with CA yesterday.
Could mean a bunch of things, but generally the market is hiding buys or sells in large quantity to prevent the stock from over-reacting to them.
Here is a more detailed write-up from some random site I Googled for more information:
http://incrediblepennystocks.wordpress.com/2013/06/25/incredible-penny-stocks-what-is-a-form-t-trade/
http://www.investopedia.com/terms/f/formt.asp
11,562,289 @ .007 @ 16:04:24
Twice in two market days now that has happened...
My favorite was the 200 share trade I saw 200 * .0068 = $1.36. That is amazing.
By OTC reporting they have until 45 days after the close of the quarter. I would expect them towards the end of that window.
Here is what I did:
Press release excerpt:
DENVER, CO -- ( Marketwired ) -- 04/21/14 -- Latteno Food Corp. (OTC Pink: LATF) (PINKSHEETS: LATF) is pleased to announce the recent acquisition of Orange County, CA based DMND, Inc. that operates under the Diamond Grove Delivery (DGD) banner. DGD, based out of Anaheim, CA , has successfully signed up over 200 active MMJ patients with daily delivery service to various Orange County, California cities. In addition to DDGD patients list, Latteno inherits several thousand Instagram and Facebook friends/clients, greatly increasing Rx Harvest Collectives' market reach.
I copied DMND, Inc.
Went to this site:
http://kepler.sos.ca.gov/
Pasted DMND, Inc. into the search
Clicked search and it came up.
It is a recent business, 02/25/2014.
All I am saying is using what is in the release it comes up as a business not as the other company you mentioned. I can offer no further information/claims, as I only offer what I find from research or what I see on a chart. I would never tell you to stay in a stock you don't believe is legitimate, I was just offering a correction to your research on this one point.
Search DIAMOND FOODS, INC. It is there as a separate business in California, and that business matches there website address.
http://kepler.sos.ca.gov/
https://www.diamondfoods.com/contact/
DMND. Inc is a separate Business from this, but there are half a dozen "Diamond *" businesses registered in CA
I agree, Chart is set for a reversal on the daily next week.
And explain to me why it matters what business was there previous when it was up for sale? You don;t typically have a realtor post your property so you can have people come visit you to hang out and be turned away. You post your property to sell/rent/lease it to a new tenant. We have a company claiming to be a new tenant. So, 1+1=2. What is the issue?
The Google maps picture was 2011.
Here is a listing from a realtor site as of March 13, 2014
http://commercialsearch.realtor.com/commercial-detail/1010-s-robertson-blvd_los-angeles_ca_90035_P372528
The Wal-Mart article was a fake:
http://www.theepochtimes.com/n3/622151-walmart-to-sell-marijuana-in-colorado-washington-is-fake/
They were removed as Latteno no longer works with those companies. They put it in PR's previously, one a month or two ago, and one a couple months before that, but don;t quote me on the dates. If you look through their PRs on the OTC site you should see references to both companies being scrapped.
What do you mean about the website?
When I go there it works fine:
http://www.latteno.com/