EXHIBIT 5

                       [Letterhead of The Otto Law Group]

                                February 25, 2004

NANNACO, Inc.
9739 Cobb Street, #1
San Antonio, Texas 78217

     Re:  Registration of Common Stock of NANNACO, Inc., a Texas corporation
          ("NANNACO").

Ladies and Gentlemen:

      For purposes of the registration on Form S-8 under the Securities Act of
1933, as amended (the "Securities Act"), of 50,000,000 shares of common stock of
NANNACO in connection with the (i) Consulting Services Agreements, as amended,
between NANNACO and (a) Bartholomew International Investment Limited, Inc., (b)
Aequitas Ventures Corp., (c) Michael Neron, (d) Kenneth Davidson, (e) Mark
Triesch, (f) Seth Elliott, (g) Bagswell Capital, LLC, and (ii) the Engagement
Agreement between NANNACO and The Otto Law Group, PLLC (collectively, the
"Agreements"), we have examined such documents and have reviewed such questions
of law as we have considered necessary and appropriate for the purposes of this
opinion and, based thereon, we advise you that, in our opinion, when such shares
have been issued and sold in accordance with the registration statement
referenced herein, such shares will be validly issued, fully paid and
nonassessable shares of NANNACO's common stock.

      As the shares under the Agreements which are subject to this opinion are
issued under a registration statement pursuant to the Securities Act, they may
be issued free and clear of all restrictions.

      We hereby consent to the filing of this opinion as an exhibit to the above
described registration statement.

                                        Very truly yours,

                                        THE OTTO LAW GROUP, PLLC


                                        /s/ The Otto Law Group, PLLC