SOURCE: BullsNBears.com, Inc.

November 18, 2015 09:00 ET

Bullsnbears.com Announces Letter of Intent for Merger, Equity Dividend, and Newly-Appointed CEO

WEST PALM BEACH, FL--(Marketwired - Nov 18, 2015) - Bullsnbears.com, Inc. (OTC PINK: BNBI), a financial networking portal, today announced that it had entered into a Letter of Intent to merge with Michael James Enterprises, Inc. It is expected that a definitive agreement for this merger will be signed within 30 days. Michael James Enterprises, Inc., which is based in New Jersey, is a Direct Response Marketing Company. 

As part of this transaction, the Company's wholly-owned subsidiary, BNB Holdings, Inc., will be spun-off through a share dividend to BNBI shareholders of record as of the close of business on Friday, November 20, 2015, with one share of BNB Holdings Common Stock distributed for each one share of BNBI Common Stock owned as of the record date. Distribution of the shares will take place upon the effectiveness of a Registration Statement filed with the U.S. Securities and Exchange Commission. 

In addition, the Company announced the appointment of a new Chief Executive Officer, Mr. James Farinella. Mr. Farinella will become effective as of November 18, 2015 Mr. Farinella joins the company with over 25 years' experience in businesses related to the Capital Equity Markets while also holding officer and director positions in several public companies. The Company's previous CEO, Mr. James Palladino, remains with the Company as a Director. James M. Farinella Stated, "I am honored to have been installed as the new CEO. I am bringing the patent rights that I have acquired for a revolutionary new approach for treating acne from a world renowned academic institution. These assets will shortly be acquired into the newly named Bullsnbears.com - Michael James Enterprises, Inc."

About Bullsnbears.com, Inc.

Bullsnbears.com, Inc. is a developmental stage company, focused on developing a Social Media Financial Networking platform to be used by companies and individuals in the Financial Community.

About Michael James Enterprises, Inc.

We are a direct response marketing company. We identify and engage in the development and market of consumer products. We employ four primary channels: Direct Response Television (Infomercials), Television Shopping Networks, Internet and Retail Outlets. We have identified several candidate products for development with our first product launch expected in the first half of 2016. This first product launch will be for a revolutionary new approach to treating acne. Michael James Enterprises, Inc.(MJE) has acquired the exclusive patent rights to the science for the treatment of acne in North America.

Safe Harbor Statement
This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are commonly identified by words such as "would," "may," "will," "expects," and other terms with similar meaning. Forward-looking statements are based on current beliefs, assumptions and expectations and speak only as of the date of this release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. We assume no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason.

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