MESA, Ariz., Aug. 27, 2009 (GLOBE NEWSWIRE) -- B2 Digital, Inc. (Pink Sheets:BTDG) recently announced its Letter of Intent to acquire Mob Candy Enterprises, Inc. and is taking a pro-active position and assisting Mob Candy in the sales and marketing of its magazine, web site and gift items while both companies work toward the closing of the acquisition.
The Mob Candy writers have created a series of six monthly episodes of the "SOPRANOS" which will be viewed on the Mob Candy web site. The last 14 months of the "SOPRANOS" are available on the Mob Candy website. www.mobcandymag.com.
Mob Candy magazine has increased its distribution to major outlets to include Waldon Books, Barnes & Noble and Seven Elevens with over 60,000 locations nationally.
Frank Di Matteo, President of Mob Candy, said, "We are expanding our distribution every day. Our team of writers and other contributors are expanding and are made up of top names from sports, business, current events and politics."
Mob Candy Magazine will soon unveil the 2009 Holiday Gift Baskets which will include Mob Candy wines, cigars, best quality fruits, chocolates and of course include the traditional Mob Candy Hats and other novelty items. Details of availability can be found at www.mobcandymag.com.
Other forthcoming newsworthy events include a live broadcast from The Mob Candy headquarters in South Florida, at the famous Ocean Manor Hotel and Spa, www.oceanmanor.com.
Hosting the show every Wednesday evening between 7pm and 9pm on 1470AM WWNN Radio will be the Florida broadcasting legend, Jeff "Defo" Deforrest. Other anchors include Frank Telerico, owner of the Ocean Manor, and former NFL star Andre "Bad Moon" Rison. Simulcast on the web at www.wwnnradio.com listeners and viewers can get right down to a smoking hot show from the hotel's famous Bamboo Beach Tiki bar on Fort Lauderdale beach.
Jeff "Defo" Deforrest can be heard every morning on 640AM WFTL SPORTS radio in South Florida between 6am and 10am, along with co-presenters, former running back and NFL Rookie of the year, Troy Stratford, and recently voted the "Greatest Female Broadcaster of all time" and NFL Hall of Famer, Lesley Visser. Simulcast on the web at www.wftlsports.com, listen to live shows on the "Weekly Morning Drive" to gain insight into all the latest sports news and views.
Mob Candy Enterprises, Inc. is the publisher of the fast growing, trendy Mob Candy Magazine, an entertainment publication oriented towards both male and female readers. It commits its readers to a certain style and quality in all aspects of their lives, providing probing articles and interviews with personalities from movies, politics, art, books, travel, technology and sports. The magazine has worldwide distribution and in combination with the website www.mobcandymag.com expresses attention-grabbing libertarian points of view and street wise commentary from communities around the nation which express the current feelings on political and social issues that its readers face day to day.
Paul LaBarre, President of B2 Digital, said, "We remain eager to solidify this opportunity with Mob Candy and continue to believe that the potential merger will reenergize this company and build strong shareholder value."
B2 Digital and Mob Candy Enterprises, Inc., agree that in the event the companies cannot reach a final agreement the Letter of Intent shall become null and void. Both companies shall hold each other harmless from any costs or claims arising from the contemplated merger. This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.