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Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc -- Ignore unavailable to you. Want to Upgrade?


To: Al's Fun who wrote (818)10/30/1999 12:26:00 PM
From: Condor  Read Replies (1) | Respond to of 1296
 
"why wouldn't plco make a general announcement to us all"
The press release qualified for that, didn't it????
Can't answer about the funds dedicated to Europe but even if they are, I believe it is common that some of the shares will be held back and retained by the parent Co. as an asset and eventually the success of the new IPO/Company will flow back to its owners and PLCO being one of them. This was done recently by IDTC as it spun off NTOP. Perhaps as PLCO owners we'll be issued IPO purchase rights although it would seem doubtful at this late date. This is all sheer speculation on my part but there will be interesting developments here. We'll see what others have to say, as I'm sure the chat will pick up over this.
Regards
C



To: Al's Fun who wrote (818)10/30/1999 12:41:00 PM
From: Condor  Read Replies (1) | Respond to of 1296
 

SAN MARCOS, calif.--(BUSINESS WIRE)--Oct. 21, 1999--

OTC SYMBOLS: Common Stock - PLCO

Series E Preferred Stock - PLCOP

Series E Preferred Stock Warrants - PLCOW

Play Co. Toys & Entertainment Corp. ("Play Co. Toys") today announced that its new
German language web site, www.webjumbo.de, has gone live in Germany. Orders have
been received, processed and delivered within two business days.

Richard Brady, President of the Company stated, "We are pleased to be the first U.S.
toy retailer to launch a major toy web site in continental Europe. After six months of
working on our European strategy, we are pleased to be the first major U.S. toy retailer
to market within the European common market. We believe that the European market
for toys, videos and related children's products exceeds $100 billion."

"Webjumbo.de has been designed to serve the German language market. We have
implemented plans, contracts and agreements with Deutsche Post, Deutsche Telekom
(T-Online), Yahoo, Alta Vista and other Internet providers in Germany. Our distribution
center in Holland and call center in Ireland have been set up for full scale distribution
throughout continental Europe including Italy, Spain, and France. We are positioned to
move into those additional markets in the next six months."

"In addition to our webjumbo.de site in Germany, we are working to develop a unique
web site in the U.S. This site is being designed to be the low price leader in toys on the
Internet. Our U.S. site will compete with cyberspace e-tailers such as E-toys and
Amazon.com. We also believe that the efficiencies provided by the sharing of inventory
and overhead cost, which is already in place, between our brick and mortar business
and our Internet business will allow us to maintain retail pricing below that of E-toys and
Amazon.com. We also believe that our strategy of opening new retail locations in tourist
areas helps insulate our retail stores from the effects of E-commerce."

"Additionally, we would like to note that the planned public offering of a minority interest
in our subsidiary company, Toys International.COM, Inc., remains on track. This public
offering is expected to take place in November on a European exchange to complement
our web.jumbo web-site."

Play Co. Toys is a toy retailer with 30 stores located in Arizona, California, Illinois,
Michigan, Nevada, North Carolina and Texas. The Company operates under the Play
Co. Toys, Toys International and Toy Co. tradenames. Play Co. Toys specializes in
offering educational, specialty, collectible, and traditional toys.

Statements contained in this press release which are not historical facts may be
considered forward looking information with respect to plans, projections, or future
performance of Play Co. Toys as defined under the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are subject to risks and uncertainties
which could cause actual results to differ materially from those projected.

CONTACT:

Play Co. Toys

Jim Frakes, 760/471-4505



To: Al's Fun who wrote (818)10/30/1999 2:49:00 PM
From: Israel  Read Replies (1) | Respond to of 1296
 
and will the money be available to the general fund or must it stay in Europe.

Being that Toys International.Com is a subsidiary of PLCO. The monies from this IPO would be available to the parent co., whcih in this case is PLCO. Also note, that they are only selling a 22% stake in Toys International.Com.

Israel