Latteno Food Corp (fka LATF)

[Fepacheco]

Happy Friday!!! LATF!!!!

http://www.4-traders.com/LATTENO-FOOD-CORP-5662894/news/Latteno-Food--Releases-4Q-Operating-Results-18134740/

Latteno Food : Releases 4Q Operating Results
03/21/2014 | 01:01am US/EasternRecommend:
0
Latteno Food Corp. announced Q4 operating results.

In a release on March 18, the Company said that revenue for Q4 totaled $4,097,877, bringing 2013 Revenue to $15,100,739; and pre- tax Operating Profits soared to $409,909 and $983,103 for Q4 and 2013 respectively. Full 2013 Financials Statements, together with OTC Disclosure and Legal Opinion will be filed with OTCMarkets as required.

CEO Thu Le said, "Revenue and Operating Profit for Q4 continue grew at a more than anticipated rate, continuing our amazing year over year increases. Since our initiatives began in Q4 of 2012, we have steadily posted astonishing year over year results. Mekonza continues its exponential growth and we look forward to increased contribution from our recently announced MMJ initiatives planned for Colorado. We have attracted a great amount of interest, particularly with respect to our MMJ initiatives and have received an inordinate amount of inquiries. While we would like to respond to every shareholder inquiry, as required, we are only providing operational and financial updates by way of news release. We look forward to continued growth and exciting developments for 2014."

Q2 had reported a 4,600 percent increase in prior year's revenues and 1,500 percent increase in prior year's net profit; and Q3 had reported 3,700 percent increase in prior year's revenues and $573,194 in net profit versus a net loss of $54,678 for prior year 2012.

Latteno Food Corp. is an investment portfolio company that acquires food products, medical marijuana edibles and related products/services.

((Comments on this story may be sent to [e-mail]))