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Any one have an email address for CEO, Steve Careaga? Please post...
TIA,
Tree
I think it will gona be huge !!
you in at 0,0055 you buy more today??
I bought in at $0.0055 if I would have bought in the 2 day ago I could have bought more share for less. GLTA
thanks akrn I'm definately considering it for sure.
I don't think it's too late for HISC, in fact I added today and have friends that are buying for the first time on Monday. Would love to see you join us for the ride over on the HISC board ;o)
Good luck to you
akrn
No I was thinking about HISC but I missed it when it was in the .04's so I'm scared to buy in now. but Im closely watching NNNC. thanks akrn for your opinions
I haven't ever waited for dips really. I have found that it usually goes down every time I buy.. BUT...then it goes back up again (my experience with HISC) So.... my thought has always been... if I don't buy and wait for the dip, it goes up even higher and then I get less shares than if I had just done it.
Do what works best for you. That has served me well with HISC. Are you in HISC too?
akrn
well I guess ill be standing by for a dip, but things seem to be looking good here, GO NNNC lol that sounds funny hey with the merger will they get a new symbol NNNC isnt catchy
Well I bought at $.0056 so I haven't gained a lot, I'm looking for gains from here :o)
GLTA
akrn
Damn Im mad i missed out on this , is it considered too late if I jumped in tommorow morning? or should I just wait for a dip?
I am in now with a 100K shares. I know not much but at least I am in for now.
Rback
One was me :o) I am brand new to NNNC but picked nearly 900,000 shares today. I know it isn't a lot but I'm so heavily invested in HISC that it was all I could get for now..... maybe more someday soon!
akrn
lot of trades today! eom
NNNC nice and greenie 1000% uptick in a few days
SSTY also a few days before
So whats up here, we going to .01 ?
Nannaco, Inc. Announces Execution of Definitive Merger Agreement with Premier Developer and Manufacturer of Nutraceuticals
GIG HARBOR, Wash., Aug 9, 2005 (PRIMEZONE via COMTEX) -- Nannaco, Inc. (OTCBB:NNNC) ("Nannaco") announced that on July 21, 2005 it entered into a Definitive Merger Agreement with Amenni, Inc. ("Amenni") located in Ft. Lauderdale, Florida.
Amenni is a premier developer and manufacturer of Nutraceuticals. Amenni develops and manufactures joint-care nutraceutical products for dogs and horses. In addition to Ft. Lauderdale, Amenni has facilities located in London (United Kingdom), Dubai (United Arab Emirates) and Zurich (Switzerland).
Amenni has initially distributed these product lines through a distribution agreement with an internationally recognized pharmaceutical firm. Revenues in the first 12 months from this agreement exceeded $1 million, and the first product was launched in 10 countries. Amenni anticipates a roll-out to an additional 15-20 countries, including the U.S., within the next 12 months.
Amenni has also initiated the launch of its highly innovative Sports Patch into the U.S. OTC market. Its primary active ingredients have been developed in conjunction with its highly successful research into Veterinary Science.
The Sports Patch is targeting the fast-growing Sports Healthcare market and has shown significant benefits to aid the recovery from a sports injury. Joint and ligament injuries happen to all athletes. The Amenni Sports Patch applied immediately after injury helps with quicker recovery times. Currently, there are no direct competitors in the marketplace.
Amenni has already begun production of patches for a substantial U.S. client.
Amenni is developing additional products for distribution by this and other distribution partners. Furthermore, Amenni continues to develop nutraceutical products aimed at the human (as well as animal) marketplace. For 2004, Amenni has indicated that its combined revenues exceeded $3 million and anticipates strong growth in 2005.
On July 21, 2005, Nannaco entered into an agreement to merge a wholly owned subsidiary of Registrant with and into Amenni, and to rename Registrant "Amenni Inc." (the "reverse merger"). The agreement provides that all of the shares of common stock of Amenni, issued and outstanding at the time the merger becomes effective under applicable state law (the "Effective Time"), will be converted into common stock of Registrant such that the current holders of Amenni common stock will hold 97% of all shares of Registrant's common stock outstanding immediately after the closing of this merger transaction.
NOTE: Information contained in this press release, other than historical information, should be considered forward-looking in nature and is subject to various risks or uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. Among the key factors that may have a direct bearing on the operating results, performance or financial condition are the company's ability to achieve and manage growth; the company's ability to attract and retain qualified personnel; the company's ability to secure necessary financing; potential litigation by shareholders and/or former or current advisors against the company; the company's success in securing third-party commitments, production agreements and/or licensing contracts; the company's ability to comply with federal, state and local government regulations and/or unforeseen changes in federal or and government regulation; and the company's ability to develop new services; and other factors discussed in Nannaco's filings with the Securities and Exchange Commission.
SOURCE: Nannaco, Inc
By Staff
CONTACT: Nannaco, Inc.
Steve Careaga
253-853-3632
or
Send correspondence to:
4916 Point Fosdick Dr., Suite 102
Gig Harbor, WA 98335
(C) 2005 PRIMEZONE, All rights reserved.
-0-
INDUSTRY KEYWORD: Business Services
SUBJECT CODE: MERGERS
PHARMACEUTICALS
HEALTH
MEDICAL
Mergers and Acquisitions
Health
what merger?
In March, Global Defense announced that it would conduct a so-called reverse merge with Nannaco (NNNC:OTC BB - commentary - research), a tiny Gig Harbor, Wash.-based surface cleaning company that is changing its business model. Global Defense said it had obtained a $10.6 million financing commitment from Cornell Capital, a New Jersey hedge fund, to finance the deal and permit the company to make further acquisitions. In the transaction, Global Defense essentially would acquire Nannaco, a move transforming the security company into a publicly traded entity.
But Paul Silverman, Global Defense's chief executive, said the deal with Nannaco has been called off and the company is looking for another merger partner. Silverman, however, said Global Defense has no interest in being acquired by Fortress America, even though McMillen has ties to both companies.
"We are really working at a different level,'' said Silverman.
He said Fortress America's objective is to buy a security business "that's throwing off lots of profits,'' not a relatively young concern like Global Defense.
Indeed, Global Defense's Web site shows that it's far from operating in the big leagues. The Arlington, Va., phone number listed on the company's Web site was out of service. There is no mention of McMillen being affiliated with Global Defense on the company's Web site.
That's something Silverman says he's got to fix.
This stock will rock next week.The charts look unbelievable.Holdum if you have them.There is alot of talk on other message boards of this stock due to fridays action.Get ready for the big push.
Just waiting for the merger, when that happens, there will be plenty to post about...rsf
Today NNNC filed a 10Q-SB/A and a 10K-SB/A. These are amended filings....but I haven't had time to go through them in detail so I don't know what was changed from the originals.
Not sure if this is good or bad news. On the bright side, it may be a case of dotting the i's and crossing the t's in preparation for the upcoming merger.
Any thoughts?
k, happy bagholder here... all grins.
aj
Hi All,
Well I hope this does something to cheer up everyone here. It was nice to see it go up. Now if it could go back up and hold the board might be a little happier.
Hang in there all
K
reply to my question from raging bull board:
clearcoat, yes GDC is likely merging to become a publically-trading company rather then go public through a SEC process. I believe GDC will become the surviving entity and Silverman will be the CEO. NNNC's current CEO will either depart or take on some other role.
As for NAZZ, I'm not sure what will happen there, but I see it more as a bonus! If it does also merge, and then spin-off, we simply own shares in two companies instead of one!
My focus and reason for being in NNNC now is the GDC merger. If it doesn't happen I'll simply sell out and move on!
GDC and Silverman have been associated with MOBL for over a year and I thought they would somehow marry up! But when I learned of the GDC/NNNC connection I took a position here for the potential. If the merger is consummated then I believe NNNC should change the symbol to GDCP and loose the old association of Nannaco. I think the new company will have great potential and so I plan to accumulate now, especially subpenny.
The MGMT, ADVISORY Board and GOALS of GDC are quite lofty as I'm sure you are aware!
Once again, however, I will sell and move on if the merger fails!
Ya there is I just hope the merger really pushes it up there
2nd question for the board about NAZZ:
Since I'm an existing shareholder, I sure hope I don't end up with NAZZ stock next week:
http://biz.yahoo.com/pz/050302/73680.html?printer=1
from 3/2/05 PR
In a prior press release and in filings with the SEC, the Company disclosed that it intended to merge with NAZZ Productions, Inc., a film production company controlled by Mr. Nick Stagliano. In order to fulfill its obligations to NAZZ and to the trading markets, the Company intends to reorganize NAZZ into a subsidiary of the Company and to perform the undertakings necessary to make NAZZ a stand-alone publicly traded company. The Company's plan includes exploring the possibility of doing a registered spin-out of NAZZ to existing Nannaco shareholders.
http://www.sec.gov/Archives/edgar/data/1112748/000114420405005770/v013410_ex2-1.txt
from 2/22/05 10Qsb
AMENDMENT TO AGREEMENT AND PLAN OF MERGER
This amendment to the Agreement and Plan of Merger dated October 25, 2004
(the "Agreement") is entered into as of December 30, 2004, by and among Nannaco,
Inc., a Texas corporation ("NNCO"), Nannaco Acquisitions, Inc., a Delaware
corporation ("Acquisition Sub"), and NAZZ Productions, Inc., a Pennsylvania
corporation ("NAZZ").
(d) by either NNCO or NAZZ if the Closing shall have not occurred by
March 31, 2005 (the "Upset Date") provided, however, that the right to terminate
this Agreement pursuant to this clause shall not be available to any party whose
failure to fulfill any obligation of this Agreement has been the cause of, or
resulted in, the failure of the closing to have been effected on or prior to
such date.
WHY would anyone want to merge with Nannaco?
From what I've read in SEC filings, Nannaco does nothing anymore. They've ceased all operating activity. What's anybody's take on GDC's motive for wanting Nannaco?
I do own a small amount of shares, and I'm just doing DD after the fact.
http://biz.yahoo.com/e/050222/nnnc.ob10qsb.html
Nannaco, Inc. ("Nannaco", "the Company", "we", "us") was incorporated under the laws of the State of Texas on October 20, 1998, and immediately thereafter began operations. The Company's shares began trading on September 5, 2002 on the OTCBB. The Company previously provided surface cleaning, surface protection, surface restoration, and other services to commercial businesses, as well to the owners of historical buildings. The Company previously operated under the trade name of Surface Pro.
Until September 2003, Nannaco focused on surface cleaning, surface protection and restoration. However, sales from these products were not sufficient to enable the company to continue operations. In September 2003, the Company changed its strategy due to poor operating conditions and financial results coupled with difficulties in raising capital through debt and equity sources. The Company adopted a new strategy during the fourth quarter of 2003 that committed to the disposal of its current business and to seek a merger/acquisition transaction with a Company having better financial resources. As of September of 2003, the Company ceased all operating activities and has disposed of most of its assets. The Company has entered a new development phase, while formulating a plan to improve its financial position.
don't feel too bad, DLeo, i jumped in @.023...
but there's still a lot of "buzz" about this stock. :)
I guess time will tell.
I bought some at .012 on one of my purchases not worried though been acumulating, once they finish the merger the stock should increase in value. There are only 44 million shares outstanding, with a market cap of under 500k.
http://www.otcbb.com/asp/quote_module.asp?symbol=nnnc
The company they are merging with forsees next years revenue to be over 10 million.
GL Everyone
Time to buy more
Chris
its too bad I bought at .012
well, anybody else wanna take a shot?
DLeo, my guess is any day now...
here's a link to the latest news.
http://aolsvc.news.aol.com/business/article.adp?id=20050310102809990044
I'm still learning about this company myself so I have few answers. Evidently, GDC has arranged for financing for their acquisitions they feel they need for their business plan. It's very difficult to grow a business without finacing so it's good news. Of course, GDC and NNNC haven't merged yet but it looks like they will be. Unfortunately, Cornell will be selling shares of NNNC if the merger goes through on the open market, imo, but it has to be done for the company to grow...
rsf
NNNC news coments?...
http://ragingbull.lycos.com/mboard/boards.cgi?board=NNNC&read=101
We've started a NNNC board on Raging Bull, link:
http://ragingbull.lycos.com/mboard/boards.cgi?board=BB:NNNC
I emailed Paul Silverman and Tom Bednarek last evening asking for more info on GDC for DD. Tom emailed me back and said "Sure...call me at (310)-663-5969 to discuss" I was at work all day and could not call. Apparently, he's accepting calls, so anyone so motivated go right ahead and we can share the info we receive from our calls...
rsf
I think that NNNC could be a real player in the homeland secuity field.Patience is virtue on this stock.
NNNc Flying with Buzz
Global Defense Corporation
MobilePro and Global Defense Corporation (GDC) are
jointly pursuing secure wireless opportunities in the
growing defense and intelligence areas. GDC has a world
class team with tremendous reach into all areas of the
government. Global Defense Corporation was founded in
2003 to focus on bringing advanced technology to the
defense and intelligence communities helping maintain the
United States' technological lead in the areas of homeland
security and global defense. Among GDC's advisory board
members is Buzz Aldrin, a part of the Apollo 11 team that
first landed on the Moon in July 1969.
GDC is a private company. Does anyone know their revenues/earnings of late?
Is this the only message board for NNNC? Did anyone besides me invest because if this merger is complete GDC would be in the shell of NNNC and then be a public company? Could be worth a hell of a lot more than 2 cents a share...
rsf
You're right .I'm in for a quick buck,lol.
You guys probably don't care about any of that, you're just after the quick buck...
rsf
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