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Latf moves to YIELD on otc market website. Uhh oh.
A decent article just released http://www.equitiesfocus.com/latteno-food-corp-otcmktslatf-a-stock-to-watch/19757/
Based off previous fin reporting, they should post within the next few days. Q3, with as many shipments as mekonza and cadi had, coupled with 2 stable mmj companies (Ventura and La counties), they might pull in some decent numbers. Weed maps is updated with menus and those businesses have been very active lately.
Now, they have acquired one mmj company that has done squat, mmjoc.com Although, disbribution in south orange county is extremely saturated so maybe they pulled out after the purchase.
All deals that I have found to have taken place is all cash deals. Why you ask, behind the acenes, marijuana has many laws even though everyone thinks that it is completely legal in certain states. Do your own dd on those, super complicated.
All in all, should be interesting to see what happens here in the next few days, dillution seems to have slowed down and quite possibly, this stock might break.
Happy trading!
This stock is done. No more buyers, everyone is selling.
Latf is Fugazi. They have nothing new or proprietary in the mmj industry. This stock will never pop off :( Last years mj stock boom will never happen again. The press realeases have no substance. If there going to drop 13.5k on a few bs releases and distrbution, at least make the content somewhat juicy, something potential investors can nibble on. Not bs mj facts. These executives are fahkin elementary..
73,000,000 dumped after hours. Amazing. Over 300,000,000+ this month already!
These press releases have no substance. Fahkin release something legit and stop wasting time!
55 mil dumped after hours @ .0012 , Fahk, got caught holding some hefty bags here. Lesson learned. When I spoke with the owner of one of the companies latf acquired, he told me that all of the mmj acquires were for pumping and they knew absolutely nothing about mmj or running that type of business. He also said that If I looked at their social media pages that they stop any activity on the accounts after they acquire because they have no intention of growing anything except bs. Should of, and could of, listened. Damn.
A look into how much latteno will make on a 35 acre grow farm. Page 10 and Page 15 break down the costs and production of an insider. The jist is that 1 acre = 1700lbs+ a year with
a pound costing $400-$500 to produce. What they sell it for could range from 2,000-5,000.
http://www.google.es/url?sa=t&source=web&cd=2&ved=0CCAQFjAB&url=http%3A%2F%2Fwww.rand.org%2Fcontent%2Fdam%2Frand%2Fpubs%2Fworking_papers%2F2010%2FRAND_WR764.pdf&ei=boZcVKvJBI7OaLjegOgO&usg=AFQjCNGr4MaqefkAvWa55YLuDHbB0VO24g
Secondly, there are outside investors in the latf that all well versed in keeping this nano cap from being delisted or haulted.
Ex. William Luckman, prior ceo of latteno, sits on the board of pacific stock transfer. He was apart of a 1 mil funding round to help acquire mekonza. These guys wouldn't be investing cash money if they were under the gun.
There is a lot of vested interest in this company. They seem to be keeping news rather generic due to the sensitivity in the marijuana game and crack down on fugazi companies and bogus press releases.
There has been shorting of the stock, but anyone with knowledge of trading understands that its part of the game.
Happy Trading!
Gaining traction on mj related sites. Great exposure. Who else is eyeing this opportunity?
https://ecannabis.com/news/tag/cpow/
http://cannabissativa.co/stock-ticker/cpow
http://www.gpo.gov/fdsys/pkg/FR-2014-07-02/pdf/FR-2014-07-02.pdf
Page 105
Cadovimex's profit margins $1.20 a KG (Could be more, that's what they report)
My assummption is that Mekonza *As a partner* rakes anywhere from 18-49% of that.
(1) 50,000 Kg shipment = Net $60,000 Profit
Rake $10,800 - $29,800 Net Profit
I make the assumption of up to 49% because I believe they would have stated "majority owner" of Cadovimex and not "partner" in their old PR releases.
Happy Trading!
I apologize ahead of time for the layout, could not convert. Went to http://www.tradesparq.com/ and created an account, anyone can verify these shipments.
Looking pretty good for q3 when they announce financials, also going strong into q4! Massive amounts of shrimp...Happy Trading!
8 Exporter Shipments
Exporter Importer Shipment Description
Departure Arrival
Cadovimex Seafood Import-Export Mekonza Corporation
Full Record - 16758Kg - 2576 pieces - 0cm
Frozen Raw Headless Shell On Easy Peel White
Pusan, South Korea Oct 10, 2014
Long Beach, California
Cadovimex Seafood Import-Export Mekonza Corporation
Full Record - 17146Kg - 3150 pieces - 0cm
Frozen Shrimp
Pusan, South Korea Oct 10, 2014
Long Beach, California
Cadovimex Seafood Import-Export Mekonza Corporation
Full Record - 37950Kg - 3300 pieces - 0cm
Frozen Raw Peeled Deveined Tail-On White Vann
Pusan, South Korea Oct 04, 2014
New York/Newark Area, Newark, New Jersey
Cadovimex Seafood Import Export Mekonza Corporation
Full Record - 17214Kg - 3300 pieces - 55cm
Frozen Raw Peeled Deveined Tail-Onwhite Vannamei Shrimpp.O- Svn14-18295net Weight-33,000.00 Lbsgross Weight- 37,950.00 Lbs;-Cargo Is Stowed In A Refrigerated Container Set At The Shipper-Srequested Carrying Temperature Ofminus Twenty --20- Degrees Celsius
Singapore, Singapore Sep 19, 2014
New York/Newark Area, Newark, New Jersey
Cadovimex Seafood Import-Export And Mekonza Corporation
Full Record - 17426Kg - 2318 pieces - 55cm
One Full Container Load Of-1- Frozen Raw Headless Shell Onblack Tiger Shrimps2- Frozen Raw Peeled Deveinedtail On Black Tiger Prawnsmarks- Lf063 - Los Angelesn.W- 33,820.00 Lbs G.W- 38,418.00 Lbsfreight Prepaid -Including Portof Destination Ddc Charges-Seal Complies With Iso-Pas 17712-Goods Stowed In A Refrigeratedcontainer Set At Minus 20degrees Celsius----Freight Prepaid---;Standard Temperature Clause-Cargo Is Stowed In A Refrigeratedcontainer Set At The Shipper-Srequested Carrying Temperature Ofminus Twenty --20- Degreescelsius-;
Kaohsiung, China (Taiwan) Sep 17, 2014
Los Angeles, California
Cadovimex Seafood Import-Export Mekonza Corporation
Full Record - 16953Kg - 3250 pieces - 55cm
1 X 40-Rf Container --Frozen Raw Peeled Deveined Tail-Onwhite Vannamei Shrimpp.O- Svn14-18292 - Svn14-18294net Weight-32,500.00 Lbsgross Weight- 37,375.00 Lbs; -Cargo Is Stowed In A Refrigeratedcontainer Set At The Shipper-Srequested Carrying Temperature Ofminus Twenty --20- Degreescelsius
Singapore, Singapore Sep 14, 2014
New York/Newark Area, Newark, New Jersey
Cadovimex Seafood Import-Export Mekonza Corporation
Full Record - 17213Kg - 3300 pieces - 55cm
Frozen Raw Peeled Deveined Tail-Onwhite Vannamei Shrimpp.O- Svn14-18292net Weight-33,000.00 Lbsgross Weight- 37,950.00 Lbs;-Cargo Is Stored In A Refrigerated Container Set At The Shipper-Srequested Carrying Temperature Ofminus Twenty --20- Degreescelsius-;
Singapore, Singapore Aug 23, 2014
New York/Newark Area, Newark, New Jersey
Cadovimex Seafood Import-Export Mekonza Corporation
Full Record - 17214Kg - 3300 pieces - 55cm
Frozen Raw Peeled Deveined Tail-Onwhite Vannamei Shrimpp.O- Svn14-18293net Weight-33,000.00 Lbsgross Weight- 37,950.00 Lbs;-Cargo Is Stowed In A Refrigerated Container Set At The Shipper-Srequested Carrying Temperature Ofminus Twenty --20- Degreescelsius;
Singapore, Singapore Aug 23, 2014
New York/Newark Area, Newark, New Jersey
http://www.latteno.com/?p=1423 ...which everyone has seen before..
Update on Greenlight's business..
https://weedmaps.com/dispensaries/california/san-fernando-santa-clarita/greenlight-discount-pharmacy
Huge player in North Los Angeles with updated customer reviews.
I did a lot of dd work over the weekend with more stuff coming shortly.. busy with my other jobs. I have info on multiple local orange county companies they are part of.
Happy trading!
Rediculous dumping going on after hours, 50+ million shares in 1 transaction. Owch. Starting tomorrow way down again!
http://www.nasdaq.com/symbol/latf/after-hours
http://cannabissativa.co/stock-ticker/cpow
I believe the answer is yes. I will be investigating deeper here in the next few days or so. Financials are meh, but if the CEO wants to put forth the effort and penetrate the market just a tad, we would definitely see an upward trend.
http://www.scott-macon.com/_literature_218182/Scott-Macon_Healthcare_Review_3rd_Quarter_2014
pg. 25 , project and acquire is somewhat legit.
I have been researching all weekend. Have some interesting things to share later this week.
Happy trading!
Looking into the legitimacy of some of the acquires. Will let you know what I find very soon with a public post. I live in orange county, bought this stock a few months back so I'm vested.
So far so good with 1 acquire a few months back, trying to get more information though. The local mmj is still very underground because of the crackdowns.
Cheers!
Nevermind, found it.
http://www.nasdaq.com/symbol/latf/after-hours
Starting down at .0017 Damnit
Primal,
How can you tell? How many shares were bought after hours? Very interested. I just researched what a t-trade/form-t is. Are we in good shape for tomorrow?
Thanks!
Momentum + PR + Promoter = $$$
We need the second two.
Come on latf. Give us something good!
Today we held up with a massive sell off.
If were going to make that jump everyone is yearning for, it needs to be now. Huge orders need to make this thing go coupled with a good pr release to accommodate the mj industry buzz.
EOW should be interesting.
Frustrating. We keep moving up slowly and then hit these walls of 10-30 million asks.
We won't get anywhere unless those fold, at least for awhile.
We have to get on this MJ upswing now.. fast.. and not get left behind!
Your right, I am hanging.
Just found this fresh article.
http://www.latimes.com/local/marijuana/la-me-laguna-woods-marijuana-20141022-story.html#page=1
Some of Latteno's business should be benefiting from the demand in south orange county. My Aunt lives in this community and there is some serious cash in laguna woods.
Fingers crossed that investors start seeing potential in this company and forego the other bs spectulatory stocks.
Lets go LATF, the whole mj industry is moving forward and yet you are stagnant. Run, run, run.
Great article, reason all the stocks are gaining ground, could be huge even if just 1 state gets approval.
http://www.vox.com/2014/7/23/5929817/medical-marijuana-legalization-2014
I am based in OC with a solid understanding and knowledge of the mj marketplace here. When Latteno acquired dmnd back in April, the regions consisting of (San Diego, Orange, Los Angeles and Ventura) were just starting to get the ball rolling in distributing. With the overall market easing up on regulations, a ton of business has occurred since then.
Grow farms, which typically run anywhere from 100k to 200k to start and monthly costs of around 5k. Most of that cost is upfront and continues to decrease after you have clones and a system in place. Based of this information, and putting things together, they have to be getting mj to people down here and up in colo for next to nothing. Even the edible industry is quite lucrative after just a few months of being in operation. Keep in mind, they have food distribution readily available so if things keep going the way they are, they will dominate.
Growing + Edible Manufacturing + Distribution = Market share
Big news coming this week. Should be interesting to see how latf moves.
Cheers!
A good pr would help this stock. The new website looks great. Clear message with good intentions and positive flow. Looks like the ceo has been buying back shares on the regular which makes me feel like something is going to happen in the near future.
I'm glad to see that this company is in the mj game. Serious potential with their huge farms up in Canada!
To the moon.. from Cali to Wash to Colo.. Happy trading!
CPOW is going to sky rocket here in the next few days!
Straight from their website..
Partnership with Pan Pacific Green Food Inc.
} Immediate revenue and positive cash flow secured by 100% off-take contracts;
} Projected positive cash flow year one is $1,326,459 which is EBIDTA of 2.4% (based on 10 year average industry crush margins;
} Risk Management and Meal / Oil off-take agreements create a fully funded feedstock supply and guaranteed cash flow;
Industry: Agri-Foods
Technology: Proprietary mechanical oilseed extraction process (fully scalable to 800MT/day).
Operations: Start-up with immediate revenue/positive cash flow once operation of crush plant commences (expected start date May 1, 2014). Creation of 20+ new jobs.
Business Model: Own and operate oilseed crushing facility to process and sell crude oil and bulk meal; low efficient use of capital, highly profitable business.
Unique Cash Flow Model: The Company has secured off-take contracts for all the meal and oil it produces.