CEO Andrew DeVries, III announced a new
business strategy to be effective January 1st, 2004. NANNACO will
direct all its efforts to building a holding company which combines
accretive acquisitions of development stage firms in its areas of
expertise, mainly environmentally friendly manufacturing and production
companies, fuel production and manufacturing companies, and cleaning
services companies. This change is expected to dramatically increase
operational performance, and bring NANNACO to a break even monthly run
rate by June 2004. NANNACO recently announced a joint venture with
Innovation Energy and Technology, LLC