American Eagle Manufacturing Company Completes the Asset Purchase Agreement with Bad Toys Holdings, Inc.CARLSBAD, Calif. -- American Eagle Manufacturing Company, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : AEMF), a Nevada Corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada. Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven. , announced today the completion of the Asset Purchase Agreement between the Company and Bad Toys Holdings, Inc. Under the Asset Purchase Agreement, Bad Toys purchased all of the Company's assets used in the custom motorcycle A custom motorcycle is a motorcycle that is highly stylized or which treats aspects such as frame geometry or engine design in an unusual way compared to standard manufacturing. manufacturing business. In exchange for the assets Bad Toys will issue 1,818,182 shares of its common stock to American Eagle. Bad Toys will also assume all of the liabilities of the Company that are related to the American Eagle motorcycle manufacturing business. About American Eagle American Eagle Manufacturing Company, Inc. is in the business of manufacturing custom high-end performance motorcycles. The Company's 35,000 square foot production facility is located in Carlsbad, California Carlsbad is a coastal resort-town in northern San Diego County, California. According to the state Department of Finance, the city had a total population of 90,271 in 2003. . American Eagle motorcycles are assembled in-house, with double powdered coated frames and available "trick" paint schemes. American Eagle motorcycles are listed in the NADA and Kelly Blue Book. For further information, contact Al Kau, Investor Relations Investor relations The process by which the corporation communicates with its investors. at (888) 795-3166. Certain statements in this release and other written or oral statements made by or behalf of the company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the company's services and projects and the company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise. |
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