On Monday, the Times Union called Latitude after all its Internet references to the Crossgates location were scrubbed.
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Its Facebook and Twitter pages have been closed, and the references to the Guilderland location have been removed from its website. Latitude planned to occupy 50, square feet on the mall's first floor. The mall's spokeswoman, Jennifer Smith , and general manager, Michael Patounas , were out of the office Monday and could not be reached for comment regarding what is planned for the half-finished space.
Engelmayer said a joint announcement about the decision not to open the Crossgates location would be made Wednesday. On Friday, the company reported to the Securities and Exchange Commission that it could not file its second-quarter report due to the resignation of its chief financial officer and other woes.
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It said it expected revenues to have dropped by 35 to 40 percent in the past six months. Its stock price has continued to slide, with shares available for 23 cents each on Monday.
That's down from 63 cents in early July. Latitude drops Crossgates Mall location Fiscally troubled Latitude won't open entertainment center. By Tim O'Brien Updated Medical Master Esthetician offers treatments which aim to remove dead skin cells and excess oil, prevent acne, and make the skin smoother.
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Latitude 360 drops Crossgates Mall location
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