The owner has received from the company 100,000 Restricted #144 shares for a 3 month profile at WillyWizxard.com starting March 18th to June 18th..profile period has ended. At this time, 08/08/03, the owner does hold apx. 284,000 common shares of stock purchased out of the market and intends on purchasing more shares out of the market.
MRXT...Marx Toys
Great day for club members. MRXT had increased volume off the base I was predicting last week of .25. I am still looking for a lot more coming out of Marx Toys very soon. Today's volume was
Volume
1,697,700
Avg Vol
398,863
With a solid close at
Last Trade
3:59pm · 0.286
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Here is today's news for you rereading and an update of current past news.
Press Release Source: Marx Toys And Entertainment Corp.
Marx Toys Receives It's First Interactive Toy Line Order For 10,000 Units
Monday August 11, 12:53 pm ET
SEBRING, Ohio--(BUSINESS WIRE)--Aug. 11, 2003--Marx Toys And Entertainment Corp. (OTCBB:MRXT - News) received it's first order of 10,000 units for its revolutionary toy line from Hanan Enterprise Sales, Inc. (HESI).
HESI president, Michael Barbanel, exclaimed, "It's ingenious. The fact that they combined a cute toy with computer technology in my opinion has got to be a hit. I wouldn't be surprised if hobbyist got involved and collected one of each style similar to the bean-filled animal craze of years ago."
Hanan Enterprise Sales, Inc. (HESI), a New Jersey based private company located in Piscataway, is a wholesale distributor for larger local retail and wholesale chains such as Rite Aid (NYSE: RAD - News), Kmart (NASDAQ: KMRT - News), 6th Avenue Electronics, Toys "R" Us (NYSE: TOY - News) along with smaller Mom and Pop shops across New York, New Jersey and Long Island. HESI's product line includes electronics, health and beauty aids and miscellaneous novelty items. The company has been in business since 1991.
Last week, Marx unveiled the robotic line which will retail for $24.99. The toy, which will resemble famous cartoon characters and real life individuals, will sit on top of one's computer monitor and verbalize the user's incoming messages through an advanced "text to speech" technology. The animatronic messaging companion not only talks in the actual character's voice, but has the motorized ability to move it's mouth and head simultaneously. This companion uses an infrared sensor and is linked to the front of the computer monitor. Last, it consists of multifunctional capabilities, which include reading stories and playing a handful of online games that come packaged with each toy. Steve Wise, CEO stated, "We are excited to receive an order so quickly after last week's introduction. The overwhelming response to last week's new toy unveiling, has put us on the fast track to meet and exceed our sales goals for this product line."
Marx's newly hired sales force has set goals of selling one million units through its retail channels. Management is presently in negotiations with major Internet service providers, motion picture studios, television producers and other licensees. The toy is in production and will be shown on a company web site Monday, August 18, 2003.
About Marx Toys And Entertainment Corp.
Marx Toys And Entertainment Corp. manufactures and markets interactive toys and reissued collectible toys, along with classic games, play sets and ride along toys. 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 U. S. and has a rich history dating back to 1928. To read more on this history, visit 1. marxtoys.com. In late July, Marx acquired a software company, AZtor Corporation. More info is at aztor.com
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the Company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. Marx Toys And Entertainment Corp. takes no obligation to update or correct forward-looking statements.
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Contact:
Investor & Media Relations
JD Merlin & Associates
860-857-1462
JDMerlinDotCom@aol.com
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Recent Press Release Recaps
Monday August 4, 11:14 am ET
Marx Toys Unveils New Robotic Computer Toy Line To Revolutionize Online Messaging As We Know It
Company In Negotiations With Major Internet Service Providers
SEBRING, Ohio--(BUSINESS WIRE)--Aug. 4, 2003--Marx Toys And Entertainment Corp. (OTCBB:MRXT - News), announced the launch of a revolutionary interactive toy that will enhance Internet users of all ages with their instant messaging experiences.
Marx will be the exclusive retail distributor of what could be the hottest toy this holiday season. The toy, which will resemble famous cartoon characters and real life individuals, will sit on top of one's computer monitor and verbalize the user's incoming messages through an advanced "text to speech" technology.
Our newly hired sales force has set goals of selling one million units through its retail channels and we are presently in negotiations with major Internet service providers, motion picture studios, television producers and other licensees."
Late last week, Marx Toys & Entertainment acquired software company, AZtor Corporation. The software technology will help Marx to develop enhanced interactive toy lines for the future. The interactive characters, which are already creating a buzz in the toy industry, will be in stores shortly.
Thursday July 31, 9:24 am ET
Marx Toys And Entertainment Corp. Enters The $90 Billion Software Industry By Acquiring AZTOR Corp.
SEBRING, Ohio--(BUSINESS WIRE)--July 31, 2003--Marx Toys And Entertainment Corp. (OTCBB:MRXT - News) acquired AZTOR Corp., a revolutionary software designer, whom will develop a new line of products for Marx in the media and e-commerce sector.
The software, which has endless applications, will be used for such things as disaster recovery, fighting terrorism, satellite imagery, streaming media, e-commerce and of course, Marx's revolutionary new toy lines.
"We added a major piece of the puzzle today by adding AZTOR.", stated Marx CEO, Steve Wise, "We plan on forming a separate subsidiary for AZTOR, yet integrate its highly coveted technology into our new toy line."
Monday July 28th, 2003
Marx Toys & Entertainment Hires National Sales Force In Preparation For New Product Line Launch
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.
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