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B&D Food Corp. Announces Name Change, New Stock Symbol, Reverse Stock Split, New Website

PR Newswire
posted: 31 DAYS 7 HOURS AGO
Text SizeAAA
MARKHAM, Ontario, Oct. 26 /PRNewswire-FirstCall/ -- B&D Food Corp (OTC Bulletin Board: BDFC), operating in the specialized wholesale and retail food and beverage industry, announced today that as of October 26, 2009, the Company changed its name to Latteno Food Corp. and completed a reverse stock split on a 1 share for 20 shares basis. The Company's stock symbol on the NASDAQ Over-the-Counter Bulletin Board Stock Exchange will also change from "BDFC" to "LATF," effective at the start of trading on October 26, 2009. All information pertaining to the Company and its disclosure will be available at its new website: www.latteno.com , which is currently under development and is expected to be live in the near future.
Daniel Ollech, Chief Executive Officer, stated "We believe the Latteno brand name that we have developed is strengthening. We are committed to further developing and protecting our brand names that are representative of these businesses. It is also our belief that the new stock symbol will help our current shareholders as well as potential new shareholders identify our stock with our Company."
About Latteno Food Corp.
Latteno Food Corp. ("Latteno") is in the business of acquiring and managing high quality food companies and their brands. Through its wholly owned subsidiaries, Latteno manufactures, sells and distributes a diversified portfolio of high-quality, shelf-stable foods across South America, with operations out of Brazil. Latteno products currently include coffee and dairy.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbour" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, expectations about the Brazilian coffee and food market and quotations from management in this announcement contain forward-looking statements. Statements that are not historical facts, including statements about Latteno Food Corp.'s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those contained in any forward- looking statements. Further information regarding these and other risks is included in our annual report on Form 10-K and other documents filed with the Securities and Exchange Commission. All information provided in this press release is as of October 26, 2009 and Latteno Food Corp. undertakes no duty to update such information, except as required under applicable law.
SOURCE Latteno Food Corp.
2009-10-26 11:04:00
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