Toro Ventures Incorporated is an oil and gas exploration company with headquarters in Seattle, Washington. Trading on the OTCBB, they focus their efforts on finding projects that are low-risk to generate cash flow, and on finding larger projects that they can develop as joint ventures. Toro believes they can offer their shareholders value in the near term by securing opportunities that they can develop using existing infrastructure and the experience of established oil and gas operators.

Toro Ventures also believes they can play a role in reducing US dependency on foreign oil by being an active explorer and developer of proven domestic reserves. They have recently entered into a Letter of Intent (LOI) in Oklahoma. This LOI is with Nitro Petroleum on the Crown Oil and Gas Lease in Pottawatomie County. The company is moving aggressively into the oil and natural gas exploration business because of increased world demand, short

Nascent Wine Company, Inc. (OTCBB: NCTW), DBA Nascent Foodservice, Inc., announced today that the company has signed a letter of intent to sell the Italian food importer and distributor division, Palermo Italian Foods, LLC. The Miami, Florida-based Palermo Italian Foods is being purchased by a group of investors and the current president and director Victor Petrone of Nascent Foodservice.

Sandro Piancone, CEO of Nascent, stated, “The sale of the Palermo Italian Foods improves the company’s financial position and enables us to focus and streamline the organization on our higher margin businesses. While we continue to believe that the value of the Palermo Foods business is significant, we believe it is in the best interest of our stakeholders to focus the organization on opportunities within our core competency of food distribution in Mexico.”

Piancone went on to say that he was glad that Victor Petrone was purchasing the business after serving

Earlier this week, it was announced that a subsidiary of Capital City Energy Group, Eastern Well Services, signed a letter of intent to acquire Osage Wireline, Inc. The cash and stock acquisition is expected to produce immediate benefits, including a postulated increase in gross revenues of around forty percent.

Eastern Well Services is a fast-growing oil and gas service entity with projects in both the United States and Africa. The company provides fracturing, cementing, logging, perforating, and well testing services for oil and natural gas companies. This latest acquisition will broaden Eastern’s wireline ability, which is the use of a cabling system to lower mining apparatus into an oil and gas well.

Osage Wireline Inc., which specializes in wireline technology and open-hole logging, is headed up by Mike Mackey. Mackey has been excelling in the wireline business for nearly three decades, attaining a wealth of knowledge which will be inherently

Wherify Wireless, Inc. announced today that they have signed a letter of intent to merge with Lightyear Network Solutions a privately owned company that will merge into Wherfiy. Lightyear had revenue of $65 million for 2007. Wherify is currently working on the financing details.

Vince Sheeran, Wherify’s Chief Executive Officer, said, “Bringing together Wherify’s proprietary location based service platform with Lightyear’s established leadership in customer support, multi-channel distribution and carrier presence is an excellent fit. We believe the proposed merger of Wherify and Lightyear has the potential to unlock the unfulfilled promise that location based services have represented for the wireless industry.”

Wherify is located in San Mateo California, a developer of personal location and position tracking products and technologies. Wherify was founded in 1998 and received the 2007 the Consumer Electronic Show’s Award for Excellence in Innovation in Wireless Communications. The company has a permanent display at the Smithsonian Institution Museum