Latteno Acquires Orange County-Based Diamond Grove Delivery
21 April 2014 - 10:45PM
Marketwired
Latteno Acquires Orange County-Based Diamond Grove Delivery
Subsidiary Rx Harvest Collective Expands Its MMJ Delivery
Customer Base
DENVER, CO--(Marketwired - Apr 21, 2014) - Latteno Food Corp.
(OTC Pink: LATF) (PINKSHEETS: LATF) is pleased to announce the
recent acquisition of Orange County, CA based DMND, Inc. that
operates under the Diamond Grove Delivery (DGD) banner. DGD,
based out of Anaheim, CA, has successfully signed up over 200
active MMJ patients with daily delivery service to various Orange
County, California cities. In addition to DDGD patients list,
Latteno inherits several thousand Instagram and Facebook
friends/clients, greatly increasing Rx Harvest Collectives' market
reach.
The Company plans immediately to consolidate operations with
Diamond Grove Delivery, including adding DGD's products and
services to its current offering; thereby greatly expanding the
potential revenue sources. Additional products and services
are currently under development and will be introduced over the
following weeks.
The Company had recently announced the official opening of its
Medical Marijuana Evaluation office in Los Angeles, CA; staffed by
Doctors who are well-known experts in Chinese herbal medicine and
medical cannabis to evaluate, recommend state-issued MMJ cards to
qualified California residents. Latteno's MMJ Evaluation
Service is expected to provide a continuing source of potential MMJ
Delivery customers.
Earlier in 2014 the Company had announced the acquisition of
California based MMJ cultivate/delivery service to be operated
under the newly formed subsidiary Rx Harvest Collective Inc; and
the launch of its Industry leading MMJ Edibles Delivery Service and
on-line ordering website www.RxHC.org. The DMND acquisition
marks the first in a series of planned expansion agreements to
continually expand its customer base and revenue
sources. Further information can be found at www.RxHC.org or
by calling (714)497-6696
Latteno will continue to market its expanding MMJ products and
services through a targeted multi media campaign that includes
social media strategies (Facebook and Instagram), participation in
MMJ internet portals including Weedmaps.com, and through weekly
local advertising including OC Weekly (April 10th special edition,
The Rolling Paper 420 Guide) and LA Weekly.
"We are thrilled to add DGD products and customer base to our
growing portfolio of MMJ offerings. This addition, together with
the opening of our MMJ Evaluation Office in LA, has validated our
strategy and aggressive timelines we have established. We are
committed to growth within the MMJ market place and will continue
to pursue MMJ opportunities in CA, in our new home state
Colorado...and wherever we see opportunities for synergistic
growth. We are pleased with the progress we have made to date and
we look forward to further developments both in California and in
our new home, Colorado." commented CEO Thu Le. "While we are
directing substantial resources to the MMJ Market, we continue to
expand all our operating units and look forward to reporting
progress company-wide."
About Latteno Food Corp.
(Latteno.com)
Latteno Food Corp. is an
investment portfolio company that acquires food products, medical
marijuana edibles and related products/services to enhance their
growth and development. The company builds revenues and asset value
through a model of continuous growth, income from or sale of its
portfolio holdings, and product licensing or distribution
agreements. About Rx Harvest Collective Inc. (RxHC.org)
Southern California-owned and licensed medical marijuana co-op
and transporting. The specific purpose of this corporation is to
collectively facilitate medical marijuana cultivation and
transactions by and between qualified patient members of this
corporation and/or primary caregiver members who have the oral or
written approval or recommendation of a licensed physician, as
permitted and authorized by the Compassionate Use Act of 1996
(Health and Safety Code section 11362.5) and the Medical Marijuana
Program Act (Health and Safety Code sections 11362.7 -
11362.83).
About Mekonza Corp.
(Mekonza-corp.com)
Headquartered in Southern
California since 2006, Global Trading Group (GTG) started out as a
luxury/exotic car exporter and eventually branched out into seafood
importing which came about Mekonza Seafood. The variety of seafood
products we offer has allowed us to be an innovator in product
development. The diversity of our products allows us to be the next
force-to-be-reckon-with in the seafood industry. Mekonza has grown
from a small one-man operation to one of the West Coast's most
innovative and well-equipped seafood importing and processing
companies. With outstanding customer service as our secret sauce
and key ingredient, we're on our way to be the industry's leader
committed to achieve the highest possible standards in quality,
service to our clients, suppliers and investors.
Safe Harbor Statement
This release contains
forward-looking statements within the meaning of Section 27a of the
Securities Act of 1933, as amended and section 21e of the
Securities and Exchange Act of 1934, as amended. Those statements
include the intent, belief or current expectations of the company
and its management team. Prospective investors are cautioned that
any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those projected in the
forward-looking statements as a result of various factors.
Accomplishing the strategy described herein is significantly
dependent upon numerous factors, many that are not in management's
control. Some of these factors include the ability of the company
to raise sufficient capital, attract qualified management, attract
new customers and effectively compete against similar
companies.
Contact: Latteno Food Corp. Investor Relations (310) 974-6043
info@latteno.com
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