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Don't think we will go that low kermit IMO,I think that .0007 low is a pretty tough cookie to break.but we will see,I believe lots of stuff going on behind the sceanes of the company and shareholders should be udated very soon..anyway we shall see ya never know..
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I hope you're right and not me--I tried to catch a bounce earlier and bought at .0012, turns out I caught the top of the bounce and it went back down.
Now we wait for news to put the spark back in this play.
-------------------- Me Trade Pretty One Day.
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(LTDI) Alert News MIAMI, FL -- (MARKET WIRE) -- 05/23/08 -- Latitude Industries, Inc. (PINKSHEETS: LTDI), a manufacturer of high-performance, center console powerboats, would like to address the ongoing concerns of current and prospective shareholders.
Orlando Hernandez, C.O.O, states, "In response to a significant number of phone calls by shareholders in recent days, management of Latitude would like to comment on some of the incorrect information currently circulating in the investment community. I would like to take this opportunity to state that management has no plans to execute any stock splits in 2008. There is no foreseeable event that would prompt us to believe that such an alteration of the company's stock structure would be beneficial to our shareholders.
"Many people have reported speculation that there is a substantial short position on LTDI based on the unusual trading patterns that the market has seen recently. We would like to reaffirm that the share structure has not changed as stated in the May 16, 2008 press release and we have initiated serious measures to understand and correct this."
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Latitude Industries, Inc. Once Again Is Featured in Hot Boat Magazine June Edition May 30, 2008 9:00:00 AM View Additional ProfilesMIAMI, FL -- (MARKET WIRE) -- 05/30/08 -- Latitude Industries, Inc. (PINKSHEETS: LTDI), manufacturer of offshore high performance sport and center console quality-made boats, announced today that the outstanding Latitude 35SS has been featured in the June edition of the most important performance magazine in the powerboat industry, Hot Boat Magazine.
Hot Boat Magazine has become the leader in the performance boating magazine industry. The new owners of Hot Boat Magazine have set out to print a world class professional publication that attempts to give the best information, details and excitement in the world of custom powerboats. Our Latitude 35SS was featured alongside the world's most prestigious powerboats and was showcased as a well built alluring speedboat. Every detail of the beautiful 35SS was presented and the positive exposure we received was very promising!
Here are some comments contained in the article titled, "Stealth Hunter!" "With a pair of 300-hp Mercury Verados, Latitude's 35SS is a silent ******* ready to chase down anything from criminals to tuna." Yet another observation by one of the boat testers was, "It has a military, kind of cool, stealthy appearance." The whole article was positive and closed with: "A small bow cabin provides a comfortable escape from inclement weather or a convenient place for kids to hide out and pretend that they're Homeland Security agents getting ready to bust the bad guys as dad pilots the boat through the waves. Whether you want to catch smugglers or chase tuna, the Latitude 35SS can take it."
"In the boating industry word of mouth is the greatest advertising, and without paying for this advertisement, the powerboating world has heard from its foremost leader that Latitude's Powerboats and Latitude Industry is all about commitment to excellence," expressed Orlando Hernandez, COO.
About Latitude Industries
Latitude Industries is a manufacturer of high-quality, offshore sport fishing boats. The company's boats fuse innovative design with advanced lightweight composite materials that resist rot and decay and retain buoyancy under all conditions. Hand-laid fiberglass hulls offer the best of old world craftsmanship and new world technology. In addition, the company enhances the safety of its boats by using the latest lamination technology, creating a sturdy and durable hull that can handle the toughest sea conditions. Latitude Industries employs craftsmen with decades of industry experience at its headquarters in South Florida, the sport fishing capital of the world. For more information about Latitude Industries, Inc. visit www.latitudepowerboats.com.
For more information about Latitude Industries, Inc. or to Sign In for our bi-weekly corporate letter and boating tips visit www.latitudepowerboats.com.
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Latitude Industries, Inc. Announces Possible Buyout Interest Jun 11, 2008 4:30:00 PM View Additional ProfilesMIAMI, FL -- (MARKET WIRE) -- 06/11/08 -- Latitude Industries, Inc. (PINKSHEETS: LTDI), manufacturer of offshore high performance sport and center console quality-made boats, announced today that it has received interest from an international group regarding a possible buyout of Latitude Industries, Inc.
Through our extensive publicity, not only through national boat shows but also two recent features in Hot Boats Magazine, it appears that Latitude is really on the map. CEO Carolina Hernandez stated, "We were recently approached by an international group who is looking to burst into the US boating market. While we had not been considering selling the business, the interest we received has given us reason to listen."
As a publicly traded company, we have a duty to our shareholders to examine all offers and do the proper due diligence. Moving forward, management has reserved not to make any comments until it completes a thorough verification process both of the buying party and any buyout tender offer made. We look forward to informing shareholders as we get further along in the process.
About Latitude Industries
Latitude Industries is a manufacturer of high-quality, offshore sport fishing boats. The company's boats fuse innovative design with advanced lightweight composite materials that resist rot and decay and retain buoyancy under all conditions. Hand-laid fiberglass hulls offer the best of old world craftsmanship and new world technology. In addition, the company enhances the safety of its boats by using the latest lamination technology, creating a sturdy and durable hull that can handle the toughest sea conditions. Latitude Industries employs craftsmen with decades of industry experience at its headquarters in South Florida, the sport fishing capital of the world. For more information about Latitude Industries Inc. visit www.latitudepowerboats.com.
For more information about Latitude Industries, Inc. or to Sign In for our bi-weekly corporate letter and boating tips visit www.latitudepowerboats.com.
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That's interesting. And they make boats for Border Patrol! There is a boat show in Orlando, Florida this weekend. Wonder if they will get many orders with all the recent press?
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Very interesting stuff happening here. They have been talking about a buyout and now go and look at a new site up. www.yourpowerboat.com. Maybe they are switching sites but it seems odd. Just my opinion. Love the company and love the chart. Pay attention to the Accum/Dist chart!
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Latitude Industries, Inc. Enters Into Negotiation Talks With Honda Marine Latitude Industries, Inc. (PINKSHEETS: LTDI), manufacturer of offshore high performance sport and center console quality-made boats, announced today that it has been approached by Honda Marine and they have formally entered into negotiation talks.
Honda Marine is the pioneer in four-stroke engine technology, setting a new benchmark for fuel efficiency, quiet operation, and low emissions. Honda's outboards share the same unparalleled durability, quality, and reliability of its legendary automobiles. With models ranging from 2 to 225 horsepower, Honda Marine's full line of current production models meets rigorous California Air Resources Board (CARB) 3-Star standards, ensuring their availability and regulatory compliance in all 50 states.
The National Marine Manufacturer's Association has awarded Honda Marine "Best in Customer Satisfaction" for the last four years in a row. Honda outboard engines deliver the power, fuel efficiency and reliability that enhances any boating experience.
"We are delighted to begin talks with Honda Marine. We believe our cutting edge, rock solid and, as recently mentioned by Hot Boat Magazine, 'stealthy boats' will blend together nicely with Honda to provide today's boating market with fully-rigged boat and motor packages," stated Orlando Hernandez, COO of Latitude Industries, Inc.
About Latitude Industries
Latitude Industries is a manufacturer of high-quality, offshore powerboats. The company's boats fuse innovative design with advanced lightweight composite materials that resist rot and decay and retain buoyancy under all conditions. Hand-laid fiberglass hulls offer the best of old world craftsmanship and new world technology. In addition, the company enhances the safety of its boats by using the latest lamination technology, creating a sturdy and durable hull that can handle the toughest sea conditions. Latitude Industries employs craftsmen with decades of industry experience at its headquarters in South Florida, the sport fishing capital of the world. For more information about Latitude Industries, Inc., visit www.latitudepowerboats.com.
For more information about Latitude Industries, Inc. or to Sign In for our bi-weekly corporate letter and boating tips visit www.latitudepowerboats.com.
Forward-Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
INFORMATION:
For more information about the company, please feel free to send an email to Latitude Industries, Inc. investors*latitudepowerboats.com
posted
This will run people! Do your DD and you will see we have a winner. The MM's will only be able to hold this back for so long IMO. When it goes it's gonna go big!
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