Water Technologies International Inc (WTII)

[Renee]

Di4 : Thank you for your commendation . Let me elaborate a bit more .

Authorized Shares are currency for any company .

Skepticism abounds ( justifiably ) on the OTCBB and OTC Systems whereby A/S are typically used as the main source of income for companies that do not earn money . Those companies live off the avails of gullible public shareholders who buy those converted A/S on grandiose promises from the diluting companies . Presently , LTDI at a PPS of .0003/4 cents is being categorized in the very broad group of infamous stocks that dilute like water-taps with no tangible asset gains for the serial dilution .

LTDI shareholders have witnessed first-hand that Latitude makes state of the art speed-boats ....not run of the mill
putt-putt boats . There is overwhelming evidence that Latitude
is selling their boats . Latitude EARNS MONEY NOW . That fact alone separates Latitude from most other OTCBB / OTC companies that have no product to sell or no market to sell into even if they do have a product .

When a company does not need to dilute to ' keep the lights on ' so-to-speak , then the A/S are more likely to be used as currency for another purpose . There are no co-incidences in the stock market , and a company that raises their A/S usually wants to use those shares immediately . Since it appears that Latitude doesn't need those shares for dilutive survival purposes the other choices are for growth of the company ; for a poison pill protection against hostile actions ; or for currency to increase the value of Latitude in buy-out negotiations , because those 3 billion new A/S are worth MONEY .

If indeed there is a buy-out candidate for Latitude there are two directions an acquirer could take Latitude , and that is PRIVATE whereby all existing shares are paid out , or keep Latitude a PUBLIC entity , whereby the 3 billion A/S would then be owned by the new company , divied up as currency shares to the actual persons buying Latitude and some of the A/S to the corporate structure of the acquiring company .

An acquiring company that then has 3 billion shares under their control should strive to minimally sustain the dollar value of those shares and optimally strive to enhance the value of those shares .

Predicated on Latitude consumating a sale of their company the current shareholders would likely benefit from the newly Authorized Shares because the value of Latitude increases by virtue of the A/S having currency value to the sale price of Latitude .

To silence any peanut gallery cynics the word ' predicated ' puts ALL the responsibility on Latitude Industries to use the 3 billion A/S responsibly and with regard to the current shareholders , whatever THEY choose to do with those shares .

Renee