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Wednesday, July 02, 2008 7:28:01 AM
Latitude Industries, Inc. Shareholder Update
Wednesday July 2, 7:00 am ET
MIAMI, FL--(MARKET WIRE)--Jul 2, 2008 -- Latitude Industries, Inc. (Other OTC:LTDI.PK - News), a manufacturer of high-performance, center console powerboats, would like to update current and prospective shareholders due to excessive phone calls, e-mails, and speculations in regards to the share structure.
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Latitude Powerboats' latest share structure has remained as follows: 1,979,767,839 shares outstanding with 1,347,408,357 shares free trading and 632,359,482 shares restricted.
"In the following week we will be updating and clarifying our shareholders in regards to Honda and the possible Buy Out status," said Orlando Hernandez, CEO of Latitude Powerboats.
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