WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE MRXT
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MRXT High Volume Alert!!!... MRXT Alert!!! Great day today everyone.
Presently MRXT is unchanged after heavy volume increased the price to
over 20 cents earlier today. Current volume is 1,577,900 shares
with 2 /12 hours of trading remaining. I am looking for this action
to continue as investors become aware that Marx Toys has taken itself
public through an OTCBB shell.. I am suggesting all club members
start tracking MRXT daily. This is my main investment at this time
and I am enjoying the action.
Bottom line I am looking for continued high volume days ahead with
more upward movement. Yes this is just my personal opinion but I
have had this opinion since the .07 range when the Stereoscape
changed its name to Marx Toys while changing their cusip and symbol
to MRXT from old symbol. Yes it's now Marx Toys!!!! ... a new
publicly traded toy company with a bright future according to their
recently filed Q.
Thank you,
Hal aka WillyWizard
___________________________________________________________________
Profile Link: willywizard.com
WillyWizard.com Profiles
(OTCBB: MRXT)
Marx Toys And Entertainment Corp.
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
_________________________________________________________________
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