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Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc
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To: Life Coach who wrote (40)2/8/1999 1:33:00 PM
From: lightfoot   of 1296
 
FILM & FILMW are also related 1.4 mil shares are owned by them!

On September 30, 1998, Breaking Waves entered into a sales agreement (the "Agreement") with Play Co. Toys &
Entertainment Corp. ("Play Co."), whereby Play Co. has agreed to purchase, market, and carry in its retail stores a minimum
number of Breaking Waves' products for a period of one year with options to renew for subsequent years. In connection with
the Agreement, as amended, Breaking Waves is to purchase, during the term of the agreement (upon the Company's attainment
of shareholder approval and subject to Nasdaq's review), an aggregate of 1,400,000 shares of Play Co. common stock at a
price equal to a 50% discount of the closing bid price per share on the date(s) of the purchase of the shares. Breaking Waves
has the right not to purchase the shares in the event that Play Co. does not purchase a minimum of $400,000 worth of
swimwear from the Company.
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