Hey Steve,

Always 2 sides to every story, this from LATITUDE 38...

"We asked both Mr. Bitchin and Mr. Doran for comment on the current situation. We haven't heard back from Mr. Bitchin. But this morning Mr. Doran sent out the following email to a number of people in the industry:

"As you may or may not know, Latitudes & Attitudes has ceased operations until further notice. Mr. Lipkin (Bitchin) has violated the terms of our purchase agreement from almost the beginning, and continues to act with impunity in violation of the agreement. Mr. Lipkin's blatant disregard for the integrity of our agreement has regrettably forced us to take this action. I cannot comment further due to the impending legal action being contemplated against Mr. Lipkin, but you can be assured that there is a decidedly different version of events, which are supported by facts, other than what is being propagated by Mr. Lipkin."

In an additional note to Latitude, Mr. Doran wrote: "As you may already be able to surmise, there is a lot to this situation that has yet to be revealed. We are currently exploring all of our legal options against Mr. Lipkin for his breach of contract and libel. Unfortunately, the rumor mill is in full force, and there is precious little that can be done at this time to quell it."

http://www.latitude38.com/lectronic/lectronicday.lasso?date=2012-06-22#Story2

best regards,

Jon