Water Technologies International Inc (WTII)

[overachiever]

Latitude has nothing of value to sell to a Chinese company or to anyone else.

Latitude is a tiny five man shop (Carolina doesn't count). This little mom and pop boat builder doesn't have the personnel in place to build very many boats. Orlando likely just made up the buyout story so Reg D stock could be dumped. The company has an ongoing one million dollar Reg D 504 hitting the market for a time period of 12 months.

It doesn't even own the boat molds it uses and the boats it is building are from molds for boats which were originally designed for center console boats intended to run inboard rather than outboard engines. The boats are really laughable. It is like they were rigged together from a parts bin that was supposed to be used on a different kind of boat altogether (the boats are very overpriced as well).

The company is worth nothing. It is losing money and has nothing special.