SOURCE: Latitude Industries, Inc.

September 09, 2010 08:49 ET

Latitude Industries Meets Requirements for Pink Sheets Current Information

MIAMI, FL--(Marketwire - September 9, 2010) - Latitude Industries Inc. (PINKSHEETS: LTDU), is a holding company that exists to bring together a conglomerate of companies dedicated to the pursuit of fun and adventure in the outdoor world announces its "Current Information" or PS status on OTC Markets.

As part of the reorganization plan previously announced Latitude Industries today announced that it has met all Pink Sheet's legal and accounting requirements necessary to move up from Limited Information to Current Information status. The Current Information category is based on meeting more stringent levels of disclosure and transparency required by Pink Sheets. Interested parties may view the Initial Company Information and Disclosure Statement along with current financial documents necessary to achieve Current Information Status with Pink OTC Markets, Inc. at www.otcmarkets.com

The Board of Directors of LTDU has moved to continue this level of transparency in order to be quoted as "Current Information" or PS status on "OTCMARKETS.COM." Carolina Hernandez, Latitude Industries, CEO said, "We are very excited to continue to achieve the necessary goals of bringing value to our company and its shareholders. We will continue to maintain PS status on PINKSHEETS." The future of the company is to maintain transparency to show the positive progression into the new areas we have been looking into.

About Latitude Industries

Latitude Industries exist to bring together a conglomerate of companies dedicated to the pursuit of fun and adventure in the outdoor world by providing the best supplier of power sports and boating-related products with outstanding service and value to every customer. Our goal is to treat all of our customers even better than they expect to be treated so that they regard us as the best in our industry. It is always our priority to achieve superior financial returns for the benefit of our associates, customers and shareholders.

Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

Contact Information

  • Contact:

    Latitude Industries, Inc.
    Carolina Hernandez
    President and CEO
    Ph: 305-758-BOAT (2628)