Replies to post #14231 on Latteno Food Corp (fka LATF)

[StockWhisperer]

That is not what the PR stated

As per filings with FINRA, the Resolution sets the Record date at September 18, 2013 and the Distribution Date at October 22, 2013. The Company's Transfer Agent has been formally advised.

In anticipation of new growth opportunities and as a loyalty benefit to all shareholders, the Company had voted to pay all shareholders on record, a stock dividend of 2 new shares will be issued for every 100 owned.

The Record Date will be set at September 18, 2013. For the purpose of clarity, the standard rules will apply. If a stockholder buys a dividend paying stock one day before the Record Date, you will still qualify for the Stock Dividend. However, if you buy on the published date of the Record Date, in this case September 18, 2013, the shares won't be eligible for the Stock Dividend. Conversely, if you want to sell a stock and still receive the dividend that has been declared, you need to sell on (or after) the Record Date.

The date of payment for the stock dividends to all qualifying shareholders has been set at October 22, 2013. New share certificates will be mailed directly to all shareholders of record. In the interim, we advise all stockholders to contact their brokers to ensure their mailing information is updated and correct in order that stock certificates arrive at their proper destination.