MRXT News Today...Looks like more news to follow according to PR. This one should be on everyone's list or even in their portfolio.
Willy
Press Release Source: Marx Toys And Entertainment Corp.
Marx Toys & Entertainment Hires National Sales Force In Preparation
For New Product Line Launch
Monday July 28, 2:01 pm ET
SEBRING, Ohio--(BUSINESS WIRE)--July 28, 2003--Marx Toys And
Entertainment Corp. (OTCBB: MRXT - News) announced the roll out of a
national sales force for their new product line. The sales
organization is made up of a well established group of independent
representative organizations across the country specializing in mass
market and specialty retailers.
"Our Team is very excited about our new product line. It is one of
the most exciting line of toys I have seen in my 34 years in the toy
business", stated Robert LoMonaco of Marx.
Marx added, the company is very close to finalizing agreements for
International distribution and representation with major retailers.
The product line will be announced shortly.
About Marx Toys And Entertainment Corp.
Marx Toys And Entertainment Corp. manufactures and markets reissued
collectible toys, classic games, play sets, and ride along toys. New
product lines are being produced for the years to come. Marx's
vintage originals are highly collectible amongst hobby enthusiasts.
Marx branded toys are sold at more than 400 toy and hobby retailers
across the US and has a rich history dating back to 1928. Visit them
online at marxtoys.com
"Safe Harbor" Except for historical information contained herein, the
matters discussed in this news release are forward looking statements
that involve risk and uncertainties. The forward-looking statements
in this release are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Actual results
may differ materially due to a variety of factors, including without
limitation the presence of competitors with broader product lines and
greater financial resources; intellectual property rights and
litigation, needs of liquidity; and the other risks detailed from
time to time in the company's reports filed with the Securities and
Exchange Commission.
----------------------------------------------------------------------
----------
Contact:
Marx Toys
Toll-Free: 800-621-6279
Fax: 732-462-5121
Email: support@marxtoys.com
______________________________________________________________________
In addition here is what I have been sending to all club members for
awhile. This is just the start of what is coming for MRXT, Marx Toys.
Recently Completed Events
During the week of May 12th -
16th
Marx Toys and Entertainment Corp. Filed
FORM 10QSB MARCH 31, 2003
FORM 10KSB 12/31/2002
Company To Change Corporate Name To Marx Toys And Entertainment Corp.
FREEHOLD, N.J.--(BUSINESS WIRE)--Feb. 24, 2003--Stereoscape Inc.
(OTC:BB "SCPM") announced today they are in the process of completing
the final transitional step by changing their CUSIP number, ticker
symbol and company name from Stereoscape Inc. to Marx Toys And
Entertainment Corporation in order to reflect the company's new
business focus. Source: biz.yahoo.com
Marx Toys Exhibits Product Line In Style At Annual New York Toy Show
Friday February 14, 2:57 pm ET
MONMOUTH, N.J.--(BUSINESS WIRE)--Feb. 14, 2003--Stereoscape's main
subsidiary, Marx Toys Inc. (OTC:BB "SCPM"), is presently displaying
their retro toy line along with newly licensed toys at the annual Toy
Show located at 200 5th Avenue in New York. Source:
biz.yahoo.com
Company Information
MARX TOYS AND ENTERTAINMENT CORP. AND SUBSIDIARIES MARCH 31, 2003
Number of Shares Outstanding Common Stock .... 26,342,432 shares
Anticipated Future Growth:
Management believes that the future growth of the Company will be the
result of restructuring of its core businesses. In this effort the
Company intends to consider these four efforts; (1) expand the toy
sales to major national and regional retailers, (2) pursue
promotional deals for the sale of vintage Marx products on a large
scale, (3) expand the toy line to include products licensed and sold
under the Marx name, (4) entering into a strategic alliance with a
strong partner in the entertainment and animation industry for
animation and licensing prospects.
SUBSEQUENT EVENTS :
In April 2003 the Company entered into a 3 year licensing agreement
to market certain toy related products. Minimum royalty payments to
be paid over the term of the contract are as follows: First Year $
125,000 Second Year 300,000 Third Year 1,000,000 ----------- Total
$1,425,000
Source: FORM 10QSB MARCH 31, 2003
Marx Toys
* Toys are a 25 Billion Dollar Market
* MRXT in transition from Audio to Toys
* MRXT hires veteran who plans to grow customer base from 400 hobby
stores to every retail outlet with a toy department.
* MARX Toys was once the largest Toy company in the world, they were
the creators of The Big Wheel, Rock'em Sock'em, The Green Ghost Game,
and Toss A Cross.
* Recently participated at the NY Toy Fair and exhibited its newly
licensed toys along with its classic line of toys, action figures and
games.
* Unlike a start-up toy company, the MARX name has global recognition
and a history dating back to 1919.
Source: Company Info and Press Releases
_____________________________________________________________________
Readers Caution: This writer/owner is not a licensed investment
advisor or analyst nor does he give out buy or sell advice to anyone.
No analysis has been made by this writer about the financial
condition of any business contained within this site or other factors
about the Companies which may appear in the reviews or articles
contained herein. The information contained herein is based upon
sources I consider reliable but is not guaranteed. Any sales and or
earnings forecasts included herein were obtained by and/or from
audited financials and/or news releases and unless otherwise stated
are not endorsed by the writer. The writer, therefore, makes no
guarantee as to the reliability of such information. The reviews or
articles are not a solicitation to purchase or hold or dispose of
stock securities of a Company reviewed. Readers should consult with
their attorney or own independent tax, business and licensed
financial advisors with respect to any investment opportunity,
including any contemplated investment in the Company(s) that are
written about. All information concerning a Company herein and
contained in a review or article or any part of this web site should
be verified independently by an attorney, with such company and an
independent licensed securities analyst. Investments in small cap
companies are generally deemed to be highly speculative and do
involve substantial risk, making it appropriate for readers to
consult with professional investment advisors and to make independent
investigations before acting on information published by
WillyWizard.com. Investment in small cap companies or pink sheet
companies could prove to be high-risk investments with the result of
loss of part or total principal investment.
WillyWizard.com is an information web site that provides company
profiles from time to time. It has the policy to acquire existing
small newsletters, is not affiliated with any broker or dealer and is
not a registered investment adviser. The information contained in
this publication is for informational purposes only and is neither an
offer to sell nor a solicitation of any offer to buy securities.
Investment in small cap companies is considered extremely speculative
and may result in the loss of some or all of any investment made in
these companies. WillyWizard.com is not in any way responsible for
any profits or losses resulting from acting upon this publication.
Investors should use the information contained in this publication as
a starting point for conducting additional research on the featured
company in order to allow the investor to form his or her own opinion
regarding the featured company. Investors should not rely solely on
the information contained in this publication. The owner has
received from the company 100,000 Restricted #144 shares for a 3
month profile at WillyWizxard.com. At this time, 07/21/03, the owner
does hold apx. 282,000 common shares of stock purchased out of the
market and intends on purchasing more shares out of the market. The
writer/owner will be trading in and out of all common shares held and
does reserve the right to increase or decrease his ownership interest
in the securities owned at any time without announcing sells or buys.
This writer/owner does reserve the right to trade in and out of
securities he holds, sometimes daily and sometimes multiple times per
day. Therefore the actual listed share amounts held could be less
then listed within this profile disclaimer.
WillyWizard.com does not accept any liability for the accuracy of the
facts presented in this publication. Factual statements contained in
this publication are made as of the date stated and are subject to
change without notice. Readers of this publication are cautioned not
to place undue reliance on forward-looking statements, which are
based on certain assumptions and expectations, that may or may not
actually occur, and involve various risks and uncertainties, that
could cause results to differ materially from those set forth in the
forward-looking statements. This Writer Warns ALL Who Buy Any Stock
That They Risk Losing All Their Money. This Warning is very important
and you should realize any decisions to purchase anything I hold in
my portfolio, review or profile on this site or any newsletter is the
buyers sole decision and not solicited by the writer. Nobody,
including myself, are immune to losses.
Read the above disclaimer in conjunction with the main web sire
disclaimer. The url location is
willywizard.com
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS Except for historical
information contained herein, the statements on this web site, e-
mails and newsletter reviews are forward-looking statements that are
made pursuant to the safe harbor provisions of the Private Securities
Reform Act of 1995. Forward-looking statements involve known and
unknown risks and uncertainties, which may cause a company's actual
results in the future periods to differ materially from forecasted
results. These risks and uncertainties include, among other things,
product price volatility, product demand, market competition and risk
inherent in the companies operations. You can identify these
statements by the fact that they do not relate strictly to historical
or current facts. They use words such as ``anticipate,''
``estimate,'' ``expect,'' ``project,'' ``intend,'' ``plan,''
``believe,'' and other words and terms of similar meaning in
connection with any discussion of future operating or financial
performance
The above disclaimer is posted in order to be in compliance with the
Securities Act of 1933 Section 17(b) which states the following:
It shall be unlawful for any person, by the use of any means or
instruments of transportation or communication in interstate commerce
or by the use of the mails, to publish, give publicity to, or
circulate any notice, circular, advertisement, newspaper, article,
letter, investment service, or communication which, though not
purporting to offer a security for sale, describes such security for
a consideration received or to be received, directly or indirectly,
from an issuer, underwriter, or dealer, without fully disclosing the
receipt, whether past or prospective, of such consideration and the
amount thereof. |
