FM, all that info is in this excellent post from RB by stockfinder12;
By: stockfinder12
Reply To: None Sunday, 28 Nov 1999 at 10:54 AM EST
Post # of 858
****NEW INVESTOR INFO**** (REV 11/23/99)
—————CONTACT THE COMPANY—————-
Playco Toy & Entertainment
550 Rancheros Dr
San Marcos, CA 92069
(760) 471-4505
Ext#108 (CFO) Jim Frakes
Ext#114 (Investor Relations) Kathy Kovacs
————————WEBSITES—————————
PLCO Corporate Website
playco.com
Toys International.com European Website
webjumbo.de
PLCOP Stock Price Chart
clearstation.com
details?Event=peek&Symbol=PLCOP&Refer=http://
clearstation.com/
—————STARTER DUE DILIGENCE—————
(1) UNDERSTANDING THE RELATIONSHIPS ON
THESE THREE SECURITIES:(/b<
PLCO - Common Stock
PLCOP - Convertible Preferred Stock
PLCOW - Warrants (for Preferred Stock)
——————————————————————
(2) CONVERSIONS
——————————————————————
1 Share PLCOP - Can be converted after 12/29/99
into 6 shares of PLCO Common Stock. Conversion
period @ 6:1 through 12/29/01.
———————————————————————
1 PLCOP Warrant - And $5.00 can be converted into
1 share of PLCOP (which then can be converted
into 6 shares of PLCO. Warrant Expiration 12/29/02.
————————————————————————
Buying the Proper Assortment of PLCO, PLCOP
and PLCOW by Rande Is
ragingbull.com
(3) CONVERSION DISCOUNT: The market is not
valuing PLCOP at 6 times the price of PLCO. After
12/29, the price relationship will be 6:1. So by
any amount that PLCOP sells less than 6xPLCO
represents undervaluation.
(4) TOYS INTERNATIONAL. COM IPO: Launched in early
November in Germany. Here are the results;
(a) Trades 11/19/99 on SMAX segment of the
Frankfurt Stock Exchange in Germany. Underwriter
was Concord Effekten of Frankfurt.
(b) Gross proceeds to PLCO of $27M. The offering
was priced at US$13.52/Share.
(c) Post-IPO valuation of International Toys was
$162M based on Euro$13.00/Share.
(d) PLCO retains majority ownership with a 58.4%
equity interest (58.4% of $162M valuation =
$94.6 divided by 5.5M PLCO Shares = $17.20/PLCO
Share @ Euro $13.00 or US$13.52. Calculate current
value based on current market price.
(5) ABOUT PLCO: Is a retailer of educational,
specialty, collectible and traditional toys and
hobby products. Operator of 32 toy stores
located in six states. For the fiscal year ended
3/31/99, net sales rose 52% to $34.4M. Net loss
applicable to Common fell 56% to $1.6M in 1997
and PLCO made a $140K profit in 1998. Below is
the link to the most recent PLCO financials.
freeedger.com
wl.asp?=927643&f=nt 1o-Q+D=11/16/1999
(6) MARKET CAP FOR PLCO: 5.51M Shares
Outstanding; 2.20M FLOAT although can only find
1.6M FLOAT in the most recent SEC Filing;
(7) STRONGEST QUARTER FOR TOY SALES: The
4th Quarter is the best quarter for retail sales in
general and PLCO Toy sales in the 4th quarter
follow that trend.
(8) NEW TOY WEBSITE: ToysInternational.com
(German Language) is being billed as the "eToys of
Europe." PLCO, PLCOP, and PLCOW benefit by
PLCO's 58.4% Ownership of the IPO.
(9) SOLID “BRICK & MORTAR” TOY STORES: Soon
32 Stores Nationally.
(10) TOY.COM IPO: Great Capitol Generator. ETYS
Market Cap exploded to over $7B on its IPO and
gave ETYS a great capitol base. ToysInternational
.com IPO was valued at $162M (58% PLCO ownership)
on 11/19 when free-trading on the IPO commenced.
PLCO sold the other 42% of the offering. Of the
12M Total Shares, 2.4M were sold into the Float.
The Capitol generated from this sale was $27M
to ToysInternational which will fund future growth
of the Toys eCommerce Website and Brick & Mortar
Toy store operation.
(11) SEC FULL REPORTING COMPANY: PLCO is a
fully reporting OTC:BB and has been SEC
Compliant for several years.
(12) PLCO FINANCIAL TURNAROUND: Not only
includes the IPO but an aggressive store expansion
program with 32 stores from coast-to-coast. The
company broke even in 1998 after losing close to
$2M in 1997. Existing store sales in 1998 grew
+21.8%. New stores provided an increase of $8M
increase while existing units provided a $4M
increase. +66% increase in Profits including
3.7 Point Gross Margin Improvement. (See most
recent SEC filing 11/16/99 for the September
quarter results.)
(13) ETYS vs. PLCO (Invester Clouseau) 11/23/99
Simple Comparison;
ETYS MarketCap........$6,826,000,000
PLCO MarketCap............$6,200,000
ETYS Most Recent QuarterRevenue...$13,000,000
PLCO Most Recent QuarterRevenue....$6,870,000
-----------PLCO/PLCOP/PLCOW LINKS------------
11/22 - PRESS RELEASE PLCO Announces $27M IPO
of Subsidiary On Frankfurt Exchange
biz.yahoo.com
11/2 - PRESS RELEASE Play Co. Toys &
Entertainment Corp. Goes National With the
Launch of 6 New Stores
biz.yahoo.com
10/21 - PRESS RELEASE Play Co. Toys &
Entertainment Corp. Announces Opening of
German Language Web Site in Europe
biz.yahoo.com
10/27 -ShopNet.Com, Inc.'s Affiliate Announces
Launch of First Major Toy e-Commerce Web Site in
Europe (This is included so investors can read
PLCO CEO Richard Brady's comments regarding
the then upcoming IPO prevaluation)
biz.yahoo.com
7/29 - PRESS RELEASE Signing of Investment
Agreement for PLCO Taking ToysInternational.com
Public dljdirect.com
qndigest.trn?research_cde=PRN&key_nmb=LATH0
27&trn_key_nmb=PRN990729000040&symbol=PLC
O&topic=PRNewsWire_news&selection=all_news_
sources
Source for all PLCO Press Releases
dljdirect.com
qndigest.trn?selection=all_news_sources&symbol
=PLCO&prevVal=1997%2F09%2F11+16%3A03%3A0
2%3B121&prevSym=XYBR&oldTopic=all_news_so
urces
Link to ALL PLCO SEC Filings
edgar-online.com
?sym=PLCO
OTHER SOURCES FOR DUE DILIGENCE
PLCOP Dave Gore's Excellent Summary
ragingbull.com
boards.cgi?board=PLCO&read=522
Silicon Investor PLCO Board
Message 12065169
SI - Rande Is HOME (Some PLCO)
Subject 24011
SI - Rande Is BOTTOM FISHING (Some PLCO)
Message 12060358
SI - Kimberly Lee & Consortium Board
Subject 26775
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((This summary is done to provide investors with a
"QUIK-LOOK" at PLCOP, PLCOW, and PLCO. It isn't
designed to take the place of your own research.))
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