Wednesday, May 21, 2008 5:05:58 PM
I found the answers to some of my questions today off one of thier paid for PR efforts on StockBully.com The whole link is at the bottom of this message for you to read yourselves. I think this is important for people to understand who are thinking about buying this stock to read.
What this proves is that:
1) LTDI is not generating any revenue from Cigarette Racing Team.
2) LTDI is not generating any revenue from Apache.
3) LTDI is not generating any revenue from Midnight Express.
4) LTDI is not generating any revenue from Homeland Security. Why is this? Because Midnight Express Boats (Not the Midnight Express Powerboats in existence today) held the contract with Homeland Security and subcontracted it out to Navigator Powerboats YEARS AGO!!!
Read thier description below. What LTDI tries to pass off as existing contracts, current revenue and contemporary partnerships is work that one or two LTDI employees did OVER A DECADE AGO under a subsidiary they set up called Navigator Powerboats. (Guess what? They are out of business too.)
10 years ago, and the talk about it on thier YouTube video like it was as recently as 1 year ago. Don't believe me? Watch the video again for yourself right here:
"Orlando Hernandez (Chief Operating Officer)
In 1990, Orlando Hernandez started out as a boat salesman with Champion Marine. By 1995, Orlando reached management level and went into the manufacturing side of the boat business. Beginning in 1998, Orlando Hernandez began sub-contract manufacturing for such companies as Cigarette, Apache Powerboats, Newtech Marine and Midnight Express. It was during this period of his career that Latitude Powerboats built more than 40 units for the United States Department of Homeland Security."
http://www.stockbully.com/PROFILES/otcpkIPprofile.php?sym=LTDI
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