SANTA ANA, CA, Oct 30, 2013 - Latteno Food Corp. (OTC Pink: LATF) announced today that it has signed a Letter of Intent to acquire 100 percent ownership of a MMJ News/Contents Provider in Southern California. Due to the unique nature of the business and to prevent unauthorized hackers and copycats, the name of this merger candidate will remain anonymous until definitive documents signed by both parties. The sole purpose of this joint venture/acquisition is to develop MMJ Social Media/Mobile Apps for the Medical Marijuana industry. These new specialized MMJ contents app will enable prescribed patients much needed information to gather data, review available clinics/dispensaries and due diligence/research to make a sound decision on whether or not cannabis is an appropriate treatment option, along with access and recommendations to local treatment centers.
"We are very excited about our extraordinary opportunity working with this unique, well structured organization to capture a significant share of the fast-growing medical marijuana contents provider and apps development market," said Thu Le, Latteno's CEO. "This opportunity comes at a strategic time for us to expand our MMJ online and mobile service offerings in addition to our edible products."
"With the explosive growth of medical marijuana platforms on the smart phones and Internet, users are increasingly demanding quality online mobile resources that are easy-to-use, interactive, fun and challenging. Our yet-to-be-announce merger candidate's new technology and dedicated team of developers answer that call and more," Ms. Le concluded.
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 Green Cannabis Collective Inc. (Green-Cannabis.com)
Southern California-owned and licensed medical marijuana dispensary 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 Valley Organics Inc. (ValleyOrganics.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.
Latteno Food Corp.
SOURCE: Latteno Food Corp.