This latch circuit is similar to an astable multivibrator, except that there is no charge or discharge time, due to the absence of capacitors. Hence, when the circuit is switched on, if Q1 is on, its collector is at 0 V. As a result, Q2 gets switched off. This results in more than half +"V" volts being applied to R4 causing current into the base of Q1, thus keeping it on. Thus, the circuit remains stable in a single state continuously. Similarly, Q2 remains on continuously, if it happens to get switched on first.