Exhibit 5.1
DENNIS BROVARONE
ATTORNEY AND COUNSELOR AT LAW
18 Mountain Laurel Drive
Littleton, Colorado 80127
phone: 303 466 4092 / fax: 303 466 4826
August 18, 2000
Board of Directors
Nannaco, Inc.
Re: Registration Statement on Form SB-2
Gentlemen:
You have requested my opinion as to the legality of the issuance by
Nannaco, Inc., (the "Corporation") of 1,495,000 shares of Common Stock (the
"Shares") being offered by the named Selling Securities Holders pursuant to the
Registration Statement on Form SB-2 (the "Registration Statement") to be filed
on or about August 21, 2000.
Pursuant to your request I have reviewed and examined:(1).The Articles of
Incorporation of the Corporation, as amended (the "Articles"); (2). The Bylaws
of the Corporation; (3). The minute book of the Corporation; (4). A copy of
certain resolutions of the Board of Directors of the Corporation; (5). The
Registration Statement; and (6) Such other matters as I have deemed relevant in
order to form my opinion.
Based upon the foregoing, I am of the opinion that the Shares have been duly
authorized, legally issued, fully paid and non-assessable in compliance with the
Texas Business Corporation Act.
My opinion is subject to the qualification that no opinion is expressed
herein as to the application of state securities or Blue Sky laws.
I consent to the use of this opinion as an Exhibit to the above referenced
Registration Statement and to the reference to me in the Legal Matters section
of the Prospectus contained in the Registration Statement.
Very truly yours,
/s/DENNIS BROVARONE
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Dennis Brovarone
(71)
