|Here's a busy fellow - Steve Careaga|
NNNC - 4.10 Employees. Nannaco has one (1) employee, Mr. Steve Careaga, Chief Executive
RWNW - 4.10 Employees. Reality has one (1) employee, Mr. Steve Careaga, Chief Executive
Reality Wireless Networks Executes Definitive Merger Agreement With $29 Million Diversified Trading Company
Business Wire (Thu, Jul 28)
• REALITY WIRELESS NETWORKS INC Files SEC form 8-K, Entry into Material Agreement, Financial Statements and Exhibits
EDGAR Online (Wed, Jul 27)
• Reality Wireless Networks Announces Letter of Intent to Acquire $29 Million Diversified Trading Company
Business Wire (Wed, Jul 13)
• Reality Wireless Networks Announces Debt Conversion
Business Wire (Thu, Jul 7)
• Reality Wireless Networks' Merger Partner PeopleMatter Inc., Expands Presence at Fortune 100 Health Care Technology Firm in $175,000,000 Annual Marketplace
Business Wire (Thu, Jun 9)
• PeopleMatter Inc., Reality Wireless Networks' Merger Partner, Enters into Agreement for On-line Board Development Product to Penetrate $500 Million Annual Marketplace
Business Wire (Thu, Jun 2)
Nannaco's Merger Partner To Receive up to $10 Million in Financing
3/8/2005 10:00:28 AM
GIG HARBOR, Wash., Mar 8, 2005 (PRIMEZONE via COMTEX) -- Nannaco, Inc. (NNNC), which announced on March 2nd its intention to acquire Global Defense Corporation ("GDC"), announced today that GDC has informed Nannaco that GDC has received a $10.6 million funding commitment from Cornell Capital.
The financing commitment includes a Standby Equity Distribution Agreement ("SEDA" or "Equity Line"). The Equity Line provides that, subject to the securities of GDC being publicly traded, Cornell Capital will buy up to $10,000,000 of the publicly traded securities of GDC in private transactions at a negotiated discount to market price. The SEDA will provide the Company with tremendous financial flexibility as it continues to grow.
Paul Silverman, President and CEO of GDC said, "We are greatly encouraged by the support of our plan of operations that Cornell's confidence in us and in our business plans demonstrates. The Cornell financing will play a key role in our overall financing plan, serving as both a credit enhancement for debt securities and providing a degree of risk mitigation for new private equity investors. This financing commitment shows further that the capital markets support our business model of acquiring critical technologies in the homeland security market."
Steve Careaga, CEO of Nannaco, said "We have repeatedly stated in our plans and in our public disclosures that access to capital is a significant contingency to the future success of Nannaco. Our intended merger candidate has clearly demonstrated that they have the ability to remove that contingency."
In a prior press release and in filings with the SEC, the Company disclosed that it has entered into a non-binding letter of intent to merge GDC with and into a subsidiary of Nannaco created specifically for that purpose. The outline of the proposed merger transaction set forth in this press release presents only certain material provisions of the non-binding letter of intent between the parties and is, of course, subject to the terms of the definitive merger agreement which will be executed by the Company and GDC.
Nannaco, Inc. Restructures Merger Agreement with Nazz Productions, Inc.
4/29/2005 1:37:46 PM
GIG HARBOR, Wash., Apr 29, 2005 (PRIMEZONE via COMTEX) -- Nannaco, Inc. (NNNC)
("Nannaco") announced today that it has completed negotiations with its merger partner, Nazz Productions, Inc. ("Nazz"), to restructure the proposed merger agreement between Nannaco and Nazz. The parties have further agreed to eliminate obligations regarding previously negotiated termination or expiration provisions of the agreement. Under the new agreement, Nazz will be merged into a wholly-owned subsidiary of Nazz, which will assume certain assets and liabilities of the parent corporation. Following the merger, the combined company will assume the name of Nazz Productions, Inc., and file a registration statement registering Nannaco's ownership interest in the combined company's shares. It is expected that the shares will be distributed on a pro-rata basis to shareholders of Nannaco at the time that the registration is deemed effective. This opportunity for shareholders of Nannaco to participate in the equity-ownership of two entities arises from Nannaco's recent discussions with several unrelated entities that seek various business combinations with Nannaco. Nannaco expects to enter into a letter of intent with one of these entities within the next several days.
In connection with the revised merger plans and near-term opportunities, Nannaco further announced today that, following a due diligence period in connection with its planned merger with Global Defense Corporation, which the parties announced on March 1, 2005, Nannaco and Global Defense Corporation have mutually agreed not to pursue consummation of the proposed merger between the parties and have ended further negotiations.
Nannaco, Inc., Announces Intent to Merge with Amenni
5/5/2005 10:45:18 AM
GIG HARBOR, Wash., May 5, 2005 (PRIMEZONE via COMTEX) -- Nannaco, Inc. (NNNC) ("Nannaco"), announced today that it has executed a Letter of Intent to acquire Amenni, LLC ("Amenni") located in Ft. Lauderdale, Florida.
Amenni is a premier developer and manufacturer of Nutraceuticals - naturally sourced biologically active components for human and animal health benefits. Amenni's initial success has been in creating 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).