Nascent Wine Co. Signs Acquisition Letter of Intent
Nascent Wine Co. (OTCBB: NCTW) announced today a Letter of Intent to acquire a Mexico based food importing and distribution company. This is the third acquisition announced in recent weeks. Investors responded well to the news sending the shares Up 13.86% on the day with a gain of $0.14. The firm being acquired has its own private labeled and trademarked French and Japanese food products. It currently covers 95% of the retail grocery and club stores in their Market.Nascent is on track to become the first truly nationwide distributor of imported food products into Mexico. Upon completion of this transaction,…