The closing transaction gives majority shareholder and management control to GR8 Water, Inc. William S. Tudor, the new Chairman and CEO, and the present GR8 Water, Inc. Board of Directors will replace Latitudes Industries' current CEO and Board of Directors.
MIAMI, FL -- (Marketwire) -- 05/12/11 -- Latitude Industries, Inc. (PINKSHEETS: LTDU) has completed the acquisition of GR8 Water, Inc. (Great Water, a Florida Corporation) and its subsidiaries.