VANCOUVER, British Columbia, May 14, 2013 (GLOBE NEWSWIRE) -- Olie, Inc. (OTCQB:OLIE) ("OLIE") is pleased to announce that it has executed a Letter of Intent with WhiteHall IV, LLC (WIV) to negotiate a definitive MOU. WIV is the owner of " Mitch Stone Essentials" a company dedicated to providing healthy and environmentally friendly products to the hair care industry. Mitch Stone himself is an internationally recognized personality and past Academy Award winner. His work is found in the movie and television industry, and the top model runways. Recently he produced a line of hair products which received unprecedented acceptance, including that of one of the largest salon retailers in the world. Robert Gardner, President of Olie, Inc. comments: "OLIE has aggressively looked for new opportunities that have the ability to close and launch quickly. With ' Mitch Stone Essentials' we see fast growth and profitability in the foreseeable future, which is important to our investors."
CONTACT: Robert C. Gardner Phone: 604 669-9000 E-mail: firstname.lastname@example.org Website: www. mitchstonehair.com