Latteno Food Corp (fka LATF)

[IBurnPurpleKush]

a big red flag is the link between LATF and Health Sciences Group, Inc. (OTCMKTS:HESG), a now-defunct marijuana stock with an extremely low price. HESG is sharing the same business address with Rx Harvest Collective, Inc., the new delivery subsidiary that LATF is touting. HESG remains a thinly traded stock, with huge daily fluctuations and the occasional jump to double-zero positions. Unfortunately, HESG spends a lot of time at triple-zero prices. And recently, HESG filed a Form-15, absolving itself of further filings.

And on the same business address, one finds a Mr. Derek Nguyen, whose presence can be traced to a stock promoting company, and a financial entity that financed Cannabis Science, Inc. (OTCMKTS:CBIS). It seems the address at "2549 Eastbluff Dr., Suite 216, Newport Beach, CA" is quite a busy place of conflicting interests, and according to investors, there is nothing on the address to suggest that the activities are real.

The only question is how long LATF will survive before dragging down more trusting investors who would like to try out the ticker for a longer run, impressed by the promises. As the Marijuana index remains depressed, there is little enthusiasm that could lead LATF upward and hide the ugly warnings about the company's quality. So it is best to plan your investments accordingly, and not get caught in stock selections with so many downsides.

http://www.hotstocked.com/article/82342/latteno-food-corp-otcmkts-latf-shrinks-despite.html