Just found this at Stockhouse News. Ohana Proceeds with Acquisition
10/26/04

MALIBU, Calif., Oct 26, 2004 (BUSINESS WIRE) --
Ohana Enterprises, Inc. ("Ohana" or "Company") (OTCBB:OHNA) today announced that on October 18, 2004, the Company commenced its due diligence on and with the acquisition candidate announced on October 6, 2004. Ohana representatives and management ha
ve further visited the candidate's facility and have taken delivery of all material documentation and information with respect to the ongoing operations of the business; including but not limited to sales and distribution contracts, raw material purchase contracts, and employment agreements, etc. in order to facilitate such due diligence process.
Furthermore, escrow has been established with the seller and a deposit has been placed in order to initiate the due diligence and the subsequent 3-year trailing audit. The Company anticipates the due diligence process to take approximately four months to complete before the consummation of the merger can take place.

The Company further believes that the targeted business may have the qualifications for a listing on a national exchange. In order to facilitate this goal and to complete its acquisition strategy, the Company has begun its reorganization process. As previously announced, the Company will change its name from Ohana Enterprises, Inc. to Vinoble, Inc. so that it may better reflect the direction of the pending business. Additionally, the Company will effect a 500-to-one reverse split to accommodate a structure better suited for the acquisition and a listing on a national exchange. Management believes the name change and reverse split will become effective on or near November 17, 2004.

NOTE: Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of Ohana to complete the proposed acquisition(s), the results of Ohana's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Ohana to continue to sell the applicable products and the acceptance of those newly designed products by the market, the ability of the Company to meet the criteria for the listing of its securities on a national exchange; market conditions, the general acceptance of the Company's products, competitive factors, timing, and other risks described in the Company's SEC reports and filings. Closing of the transaction will be subject to complete due diligence, inventory tests, inspections, and a completion of audited financial statements in accordance to GAAP as required by the SEC prior to consummation.

SOURCE: Ohana Enterprises, Inc.

Ohana Enterprises, Inc. Catherine Thompson, 310-456-3199 Fax: 310-456-1778 catherine@ohana-ent.com