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