SOURCE: Heritage First Capital

May 17, 2007 09:25 ET Adds Nascent Foodservice to Micro Cap Money Index

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Heritage First Capital & Equity Research Group.

San Diego, CA-Based Exclusive Miller Beer Distributor for Baja California Becomes the First Nationwide Distributor of Imported Food and Non-Food Products in Mexico

ORLANDO, FL--(Marketwire - May 17, 2007) - Heritage First Capital & Equity Research Group (HFC), a financial research & data publisher, is pleased to announce the addition of Nascent Wine Company, Inc. (OTCBB: NCTW) to their Microcap Money Index of profiled companies.

This Consumer Goods sector selection of Nascent Wine Company dba Nascent Foodservice, is only one of two food & beverage industry stocks listed under the index designation at (or

The most notable event prompting index inclusion coverage was Nascent Foodservice's recent acquisition of Pasani, S.A.De C.V (announced 5/11/07).

Pasani imports and distributes some of the most popular brand name European and Asian food products to over 6,300 customers in Mexico, including retail chains Wal-Mart, Sam's Club, Gigante, Superama, H.E.B., Calimax and Smart & Final.

This latest acquisition by Nascent (OTCBB: NCTW) follows an extremely active 12-month acquisition period, and effectively makes Nascent the first nationwide distributor of imported food and non-food products in Mexico.

Nascent now has 11 strategically located distribution centers in Mexico; Tijuana (2), Cabo San Lucas, Puerto Penasco, Mexicali, Ensenada, Monterey, Mexico City (2), Guadalajara, and Cancun, allowing Nascent to service all of the country's major metropolitan areas and reach over 80% of the country's population of approximate 100 million.

Additionally, Nascent Foodservice now has 3 U.S.-based export facilities, with locations in San Diego, California, Laredo, Texas and Miami, Florida. These export centers provide high value, efficient distribution points to anywhere in Mexico.

Last week Beacon Equity Research released a report on Nascent Wine Co. with a "Speculative Buy" rating and a target price of $4.00. Investors and shareholders can view the report under the Analyst Reports section at or at

About Nascent Foodservice, Inc.

Nascent Wine Company, Inc. dba Nascent Foodservice (OTCBB: NCTW) has exclusive rights to distribute Miller Beer in Baja California, Mexico and distributes over 2,000 national and proprietary brand food and non-food products throughout Mexico. Nascent sells select products from Nestle, Haagen-Dazs, General Mills, Ferrarelle Water, Cora Italian Food Products, Bonafont Water, Avasoft Ice Cream, Kabbalah Energy Drink and Jolly Rancher Soda. Nascent sells to over 7,000 sales points including supermarkets, convenience stores and foodservice accounts and will continue to focus on acquiring the most profitable and well positioned distributors in Mexico.

Other stocks that HFC and/or are actively following, include:

Dendreon Corp. (NASDAQ: DNDN), Clearly Canadian Beverage Corp. (OTCBB: CCBEF) and QuoteMedia, Inc. (OTCBB: QMCI).

About HFC Equity Research Group (HFC)

Heritage First Capital & Equity Research Group is a smartsource funding agency for some of the fastest growing companies in both the private and OTC markets.

The HFC Group has also gained considerable industry recognition for outstanding investor relations as publishers of the quarterly newsletter Smallcap Brief, ( and ( HFC's websites are recognized as two of the most selective smaller cap idea sources for the individual investor and also provide comprehensive market data for professional due diligence at no cost.

This release contains certain "forward-looking statements" relating to Nascent Wine Company, and any statements may or may not reflect the views of Nascent with respect to future events, which are subject to certain risks, uncertainties and assumptions. When used, the words "estimate," "expect," "anticipate," "believe" and other similar expressions are intended to identify such forward-looking statements. There are many factors that could cause the actual results, performance or achievements of Nascent to be materially different from any future results, performances or achievements that may be expressed or implied by such forward-looking statements. Further management discussions of risks and uncertainties can be found in the company's quarterly filings with the Securities Exchange Commission. Heritage First Capital & Equity Research Group was compensated twenty thousand dollars by Nascent Wine Company, Inc. HFC Research Group is not a registered investment advisers or a broker/dealer and makes no recommendation that the purchase of securities of companies profiled in this release is suitable or advisable for any person, or that an investment of such securities will be profitable. In general, given the nature of the company profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.

Contact Information

  • HFC Equity Research Group
    Scott Gibson
    Email Contact


    Pilot Financial Communications Network
    Investor Relations:
    Rick Gean
    Email Contact