TONNER DOLL COMPANY TO ACQUIRE STAKE IN ONE WORLD HOLDINGS, INC.
– Houston, Texas – June 22, 2015
The One World Doll Project, a subsidiary of One World Holdings, Inc. (OTCQB: OWOO), announced today that the company has recently signed an official Letter of Intent to sell a 9.89% stake of One World Holdings, Inc. preferred stock to The Tonner Doll Company. The Company and Tonner Doll Company are currently working on finalizing details and will be entering into definitive agreements as soon as practically possible to effectuate this stock purchase.
“As an established brand that is projecting sales of $59.3 million over the next five years, we believe that investing into The One World Doll Project and its emerging, high quality product lines is the best approach for expanding our retail presence,” stated Robert Tonner, CEO of Tonner Doll Company. “With their recent accomplishment of securing national distribution of The Prettie Girls! Tween Scene Dolls into over 2,900 Walmart stores, One World has proven their value to us and we are certain that acquiring a substantial stake in One World at this time is the best move going forward,” he added.
“We believe that advancing our partnership with The Tonner Doll Company will continue keep One World on the fast track to substantially increased revenues. Over the past 16 months the relationship has proven that our two companies, working together, creates a valuable alliance within the doll industry,” stated Corinda Joanne Melton, CEO of One World Holdings, Inc. “With The Tonner Doll Company’s 25 year track record of success, its multiple license deals with major brands such as Disney, Peanuts and 20th Century Fox coupled with One World’s current retail relationships with Walmart and Amazon.com, the company is hopeful that this alliance will create additional value as One World pursues its plan of acquisition by a major toy company within the next 18 to 24 months,” she added.
About The Tonner Doll Company
Tonner’s long-time fascination with doll art inspired him to try his hand at sculpting original figures. In 1985, Tonner received a glowing review from the National Institute of American Doll Artists (NIADA) for a model-like fashion doll he created for critique. During the years that followed, Tonner turned more of his attention to developing and perfecting his doll designs, eventually leaving 7th Avenue to start the Robert Tonner Doll Company, Inc. in 1991.
Other Tonner characters represent licenses with studios including Warner Bros., DC, Disney, Paramount and Sony Entertainment bringing collectors Tonner’s finely detailed vision of Wonder Woman, Superman, Harry Potter, Chicago, Batman, The Wizard of Oz, Gone with the Wind, The Muppets, Twilight, all the Marvel heroes and Pirates of the Caribbean—each figure a unique reflection of the art and artistry of Robert Tonner and design director Joseph Petrollese.
About The One World Doll Project
Established in 2010 by Trent T. Daniel and Stacey McBride-Irby, The One World Doll Project is committed to changing the retail landscape of the doll industry. The Prettie Girls!™, are a collection of fashion play dolls diverse in culture, interests, and style. McBride-Irby, former Mattel® designer most notably known as creator of the So In Style® dolls (the first African-American dolls by Mattel), designed the Prettie Girls! as unique works of art for a growing market yearning for something new to experience. The Prettie Girls! capture the essence of positive values and attributes that every little girl can embrace. “Prettie” stands for P(ositive) R(espectful) E(nthusiastic) T(ruthful) T(alented) I(nspiring) E(xcellent). Styled for play, yet filled with soul, The Prettie Girls! set new, higher, values-based standards for beauty- positive goals that reach across the globe and up for the stars!
More information about Stacey McBride-Irby, Trent T. Daniel, and The One World Doll Project, can be found at www.oneworlddolls.com
For investor relations,
One World Holdings, Inc.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above; and the Company expressly disclaims responsibility to update the information included herein for events occurring after the date hereof.