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2nd question for the board about NAZZ:

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clearcoated   Friday, 03/25/05 01:15:33 PM
Re: None
Post # of 57 
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:


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.


from 2/22/05 10Qsb


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.

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