Latitude Global Has Engaged John Thomas Financial as Its Investment Banking Firm

In Addition, Latitude Global Has Terminated Its Merger Agreement With Blink Couture


JACKSONVILLE, Fla., Dec. 13, 2012 (GLOBE NEWSWIRE) -- Latitude Global, Inc., ("LGI" or "Latitude Global"), a restaurant/entertainment company, has announced its selection of John Thomas Financial (JTF) as its investment banking partner, headquartered at 14 Wall Street, 23rd Floor, New York, New York 10005. JTF offers substantial experience in sourcing, negotiating, structuring and closing a myriad of debt and equity financing. They work with lower and middle market companies who are seeking financial services and will be providing Latitude Global with investment banking services and support to meet the capital needs of its growth strategy.

As of December 5, 2012 Latitude Global has terminated its prior agreement to execute a reverse merger transaction with publicly-traded shell company, Blink Couture, Inc. (OTC Markets:BLKU).

LGI's independent auditing firm has completed its audits of the company's 2009, 2010 and 2011 financial statements. Latitude Global is in the process of exploring options to continue its organic growth and will be working with all its advisors to continue its national expansion of restaurant/entertainment facilities.   

For more information on Latitude Global, please visit www.Latitude-Global.com.

About Latitude Global, Inc.

LGI is a privately-held, independent, full-service restaurant/entertainment company founded in 2009 to plan, develop, construct and operate state-of-the-art, 35,000 to 85,000 square foot premier restaurant/entertainment venues. Latitude Global locations fuse the magic of an exceptional food and beverage experience with multiple entertainment options in an upscale and contemporary-designed venue. Latitude 30, the flagship location, opened in January 2011 and Latitude 40 in Pittsburgh, PA opened in November 2012.  Latitude 39 (Indianapolis, IN) is scheduled to open December 19, 2012 and our first hybrid location, Latitude 42 in Chicago, IL will occupy 34,000 square feet within an existing Regal Cinemas multiplex and is scheduled to open in February 2013. For additional information, please visit www.Latitude360.com.

The Latitude Global, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=14549

To watch a 2 minute LGI corporate overview video, please click here.

About John Thomas Financial

John Thomas Financial, a member of FINRA and SIPC, is an independent broker-dealer and investment banking firm headquartered in New York City's Wall Street district. Emphasizing a client-centric approach to managing all aspects of its business, John Thomas Financial and its affiliates offer a full complement of retail brokerage, private wealth management, and corporate advisory services tailored to the unique needs of its clients. The firm publishes the Fiscal Liquidity Index, a unique daily indicator that looks at government spending and its impact on the financial markets, The Kaufman Report, a weekly technical stock market analysis, and The John Thomas Financial Economic Outlook, a report analyzing consumer sentiment, market outlook, credit cycles and dozens of other market influences.


            

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