Bad Toys Holdings, Inc. - Announces Acquisition of No Borders, Inc. by Its Subsidiary, American Eagle

KINGSPORT, Tenn.--Oct. 2, 20042, 2004--Bad Toys Holdings, Inc. (OTCBB:BTYH) announced today that its subsidiary, American Eagle Manufacturing, Inc. ("American Eagle") acquired 100% of the common stock of No Borders, Inc. in exchange for 40,000,000 shares of the common stock of American Eagle, representing approximately 90% of the issued and outstanding shares of the common stock of American Eagle after giving effect to the No Borders, Inc. acquisition. Bad Toys Holdings, Inc. owns approximately 8% of the outstanding shares of American Eagle's common stock after giving effect to the No Borders, Inc. acquisition. American Eagle's common stock currently is trading on the OTCBB under the symbol "AEMF", however, it anticipates changing its symbol on or about October 29, 2004. American Eagle has changed its corporate name to No Borders, Inc.

No Borders, Inc. is in the business of providing a debit and stored value card platform through which a variety of financial and commercial services and products can be offered to residents of developing countries and to immigrants from those countries who reside in the United States and send money back home on a regular basis.

Prior to American Eagle's acquisition of the common stock of No Borders, Inc., American Eagle transferred to Bad Toys Holdings, Inc. its motorcycle business, which Bad Toys Holdings, Inc. will own and operate in a wholly owned subsidiary using the name "American Eagle".

Larry N. Lunan, President and CEO of Bad Toys Holdings, Inc., stated "He believes the acquisition of No Borders, Inc. by American Eagle will benefit shareholders of both companies."

For further information, contact Bad Toys, Inc., Larry N. Lunan, President and Chief Executive Officer, (423) 247-9560 or Al Kau, Investor Relations in California at (888) 795-3166. Further information about the Company may be obtained on its website at www.badtoys.net.

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 the future are forward-looking statements 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 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.