Categorized | Stock Newsletters
*** LTDU is Growing with Revenues and Proprietary Technology
Posted on 08 September 2010 by admin
Latitude Industries, Inc. (OTCPK: LTDU) brings together a conglomerate of companies dedicated to the pursuit of providing the BEST supplier of
(1) power sports
(2) boating-related products.
Naturally, the Company which was founded in 1995 and is based in one of the centers of boats and yachts in the United States: Miami, Florida.
The Company's boats fuse innovative design with advanced light-weight composite materials that resist rot and decay and retain buoyancy under all conditions.
Below is a chart that details some of the positive technical factors of LTDU...
Solid Industry Growth Expectations
#1. Recreational boating product demand in the US is forecast to increase 2.6% per year from 2007 to $17.0billion in 2012, driven by growth in leisure expenditures and expansion in the 55 and over age bracket.
#2. Boats are expected to continue to account for the majority of the recreational boating market in 2012 with demand of $10.3 billion.
The healthy rise in the stock price of LTDU during low volume days indicates decreased selling pressure.... and likely the absense of profit takers.
When combined with a relatively low float share structure this has the makings of what could be a solid trade idea.
-------------------------------------------
Latitude Industries Closes Deal on Five Vessels This Month and Announces Upcoming Revenues
Latitude Industries, Inc. (OTCPK: LTDU) is pleased to announce this is a record breaking month for Latitude Industries.
Latitude Industries, Inc. (OTCPK: LTDU) is pleased to announce this is a record breaking month for Latitude Industries.
We are excited to finalize the deal on five vessels looking to record an estimated $250,000 in revenues.
We are excited to see a lot of our hard work is starting to pay off based on our recent contract with our Mid-Atlantic distributor to ship 1 Latitude 35ss and 3 9' custom made Latitude Tenders.
Furthermore we have also signed a retail purchase order for the sale of our Demo Latitude 35ss. Combined this means Latitude Industries has orders for 5 boats by the end of the month.
Latitude Industries has seen an increase in inquires in potential boat sales, as the marine industry has seen a recent positive turn. This was stated in our previous press release that Thom Dammrich, president of the National Manufacturer Marine Association (NMMA), reaffirmed an increase in boat sales provides an early indicator that a recovery in new boat sales is coming.
Latitude Industries will continue to update the market soon on the exciting events starting to take place.
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.
To learn more about LTDU, visit their website at: http://www.latitudepowerboats.com
Below is a snapshot of the Company's share structure:
-
Estimated Market Cap
$766,115 as of Sept 7, 2010 -
Outstanding Shares
38,305,733 as of Jun 30, 2010 -
Authorized Shares
5,000,000,000 as of Jun 30, 2010 -
Float (shares)
15,748,550 as of Jun 30, 2010 -
Number of Shareholders of Record
41 as of Jun 30, 2010
------------------------------------------------------
Keep a close eye on LTDU through this week and the beginning of next week because I believe it could make an EXPLOSIVE move to the upside.
Best Regards,
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. ****************************************************************************************************************** The disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE WELL: The SuperHotPennyStocks employees are not Registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://www.superhotpennystocks.com/disclaimer Release of Liability: Through use of this website viewing or using you agree to hold SuperHotPennyStocks, its operators owners and employees harmless and to compltely release them from any and all liability due to any and all loss (monetary or otherwise), damage
(monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. SuperHotPennyStocks's affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. SuperHotPennyStocks encourages readers and investors to supplement the information in these reports with independent research and other pro advice. SuperHotPennyStocks has agreed to be compensated fifty thousand dollars for a five day investor awareness advertising campaign from B & W Corp.for LTDU. All information on featured companies is provided by the companies profiled, or is available from public sources and SuperHotPennyStocks makes no representations,
warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to or sell any securities. Any claims or Statements should be deemed apocryphal. SuperHotPennyStocks, nor any of its affiliates are not registered investment advisors or a broker dealers.
|
|
Leave a Reply
You must be logged in to post a comment.