SOURCE: Latteno Food Corp.

June 01, 2015 08:00 ET

Latteno Food Corp. Provides Corporate Update; Creates New Subsidiary Latteno Hemp That Is Currently Looking for a 40 Acre Farm in Colorado

DENVER, CO--(Marketwired - Jun 1, 2015) - Latteno Food Corp. (OTC PINK: LATF) is pleased to announce the formation of Latteno Hemp that is currently looking for a 40 acre farm in Colorado. CEO John Pinheiro comments: "Our plan going forward is to better what we already have. We still own Mekonza. In addition, we want to add new revenue stream for the company. Latteno Science will launch a line of products to sell to pharmaceutical, nutraceutical, and cosmeceutical industries. In addition, Latteno Hemp, will offer a line that includes shampoo, conditioner, Hemp massage oil, and hemp lip balm. We are currently working on the logo, and formulations for these products. We will have a prototype in the following weeks for shareholders to see. As our plan comes into fruition Latteno Food corp. should make over 10 mil in revs. The health, and wellness industry are huge markets, and the growth can be exponential for Latteno. As I've stated before we have no plan for a reverse split. We are also analyzing solutions to maximize shareholder value."

Latteno Food Corp. is an investment portfolio company that acquires food products, medical marijuana edibles and related products/services with the aim to enhance company 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.

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.

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