latteno food corp. overview - oct. 2009
DESCRIPTION
Latteno Food Corp. operations - Oct. 2009TRANSCRIPT
October, 2009
October, 2009
Company Goal
To utilize our human and material assets in order to become a significant producer and distributor in the “Breakfast Item” sector of the global food & beverage market.
October, 2009
Growth Strategy
Creating a group by acquiring production lines and distribution systems led by “Engines” – strong brand names in selected locations worldwide that will carry the group’s products to customers around the world.
Company Overview
► Latteno Food Corp. is a Delaware Public Company (OTCBB: LATF)
► Formed as a holding company through a reverse merge in 2004
► Began operations as B&D Food Corp. – a coffee manufacturer and distributor
► Latteno founders share 30 years of experience in the global commodity markets
► Latteno’s operations are currently based in Brazil.
October, 2009
October, 2009
October, 2009
Management
► Daniel Ollech, 51 – Founder, President & Chief Executive Officer
► Jacques Ollech, 41 – Co-Founder, Executive Vice-President
► Spence Walker, 34 – Chief Financial Officer
► Javier Tano Feijoo, 48 – President of Global Milk, in charge of Latteno dairy
Professionals and Advisors
►DNTW Chartered Accountants, LLP – Accounting and compliance
►Anslow + Jaclin LLP – Legal advisor
►Fazzari + Partners LLP - Auditors
October, 2009
October, 2009
Operational Overview
► Global Milk Ltd. (GML) – Latteno controls 60% of GML, the owner of the Teixiera brand name
► Cruzeiro, S.P, Coffee Plant (BDFC) – Lease agreement for non-operational instant & roasted coffee plant in need of refurbishment
► Canaan Alimentos (CAN) – An option to acquire CAN, a major coffee and powdered milk producer and distributor in Rio de Janeiro State
October, 2009
October, 2009
Teixeira – The Brazilian Engine► A large and well known cheese and dairy product manufacturer and distributor
► Sales of over US$30 million in 2008
► Since the 1960’s TEX is Brazil’s No.1 Parmesan grated cheese brand
► Based in Sao-Paulo, Brazil’s largest consumer market
► Operates a very successful distribution system that carries its products throughout Brazil
► Family owned, operated today by Solon Teixeira, the son of original founder
► An international operation – TEX has cooperated with many companies in USA, EU and Asia
Latteno
Global Milk Ltd.
Teixeira (TEX)
Brand Name, Distribution & sales
system
60% owner
100% owner
October, 2009
October, 2009
Coffee ► Latteno currently leases a Brazil instant and Roasted coffee factory that owns the registered brand names: Brazilian Best, Samba Café, Vivenda and Torino
► Factory non-operational, in need of refurbishment in order to re-open as coffee and/or powered milk manufacturer
► Factory will produce products that will be sold using TEX distribution lines throughout Brazil
Latteno
Lease Agreement
BDFC Brazil Coffee Factory
October, 2009
October, 2009
Eyes to the horizon – The Global “Engine”
We plan to expand our reach to consumers in the world’s largest markets by acquiring additional strong brand names and efficient distribution systems that can carry our line of products globally.
Join US
You are the most important part of our growth.
We are working hard to expand and be able to bring our selection of products to your local grocery store, anywhere in the world.
We appreciate your interest and hope you will be a part of our success.
Latteno Food Corp. (OTC: LATF.OB)
October, 2009
October, 2009
Contact Details:
Latteno Food Corp.
8953 Woodbine Ave.
Markham, Ontario
Canada
L3R 0J9
Tel: +1 905 4745593
Fax: +1 905 4745591
October, 2009
October, 2009
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" 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 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 10KSB and other documents filed with the Securities and Exchange Commission. All information provided in this press release is as of October 15th, 2009 and Latteno Corp. undertakes no duty to update such information, except as required under applicable law.
October, 2009