[UPDATE1][05-06-00 11:15 AM ET] SINKO DE MAYO UPDATE...
We [esecurities.com corporation] talked to Richard Rabins, CEO (OTC:NKCIF)(TSE:NKC) throughout the day yesterday, 5/5/00 and Richard confirmed the following: that the "...private placement of Cdn.$2,227,000 principal amount of convertible notes..." has mitigated this problem: "...Due to its current limited working capital, NewKidCo has been delayed in making certain minimum royalty and other payments owing to certain of its licensors, one of whom has requested the payment default be resolved. NewKidCo is in co-operative discussions with this licensor to address this matter. Such licensors have the right to terminate their licensing agreements as a result of such defaults..." ref/ biz.yahoo.com
Note: This is not what the press release implied, however, it is what Richard represented after it appeared the purpose of said "convertible debt private placement" was to specifically address this problem, so we asked. The press release simply remains very confusing and disturbing.
We also received this email from NewKidCo's PR Agency last night:
From: STYLEGROUP@aol.com
To: ijournalist@channelw.net
Sent: Friday, May 05, 2000 7:37 PM
Subject: Re: NewKidCo E3 Press Package Request
>
> Press kits will not be available until the first day of the show. However,
> following you will find highlights of the games NewKidCo will be unveiling at
> E3 -- as you will see NewKidCo games are inspired by the top kid
> entertainment licenses/franchises in the market today! As you are probably
> already aware, NewKidCo is the ONLY company solely producing games for the
> home consoles and handhelds (i.e., PlayStation, Nintendo 64, Game Boy Color)
> specifically for the 12 and under set.
>
> Please let us know if you need any additional information. Thanks and best
> regards!
>
> NEWKIDCO E3 LINE-UP:
>
> Doug's Big Game (Doug's first time on Game Boy Color!)
> Patti Mayonnaise is in danger, and that means?its Quailman to the rescue!
> Yes, our underwear-over-the-pants-wearing caped crusader needs your help to
> track down the missing Patti! Play as Doug and Porkchop, or as Quailman and
> Quaildog! On your way around Bluffington, collect clues as to the
> whereabouts of Patti! Remember to put the clues in Doug's journal to help
> solve this mystery! Who's behind Patti's disappearance?could it be Roger
> Klotz? Guy Graham? Where could she be?Beebee Bluff Middle School? The
> Loop? Or somewhere else perhaps! It's up to you as Doug/Quailman to save
> the day?and Patti too! Featuring more than 20 game play environments and
> produced especially for kids ages six through twelve, Doug's Big Game will be
> released for Game Boy Color (compatible with GameBoy) in September 2000.
>
> Tom & Jerry In... Mouse Attacks
> The cat is up to his old tricks again. This time Tom has kidnapped five of
> Jerry's best friends and playing as Jerry, it's up to you to safely maneuver
> through six different fun, action-packed and booby-trapped environments to
> rescue them. Jump over mousetraps, duck under frying pans - but definitely
> don't fall for that old cheese trick, because Jerry's friends' safety depends
> on you. Solve puzzles along the way to find clues that will lead you to
> where Tom took Jerry's friends As a special reward for finishing levels and
> rescuing Jerry's friends, you will be treated to animated highlights from
> original Tom & Jerry cartoons. Featuring more than ten mini games and
> puzzles, Tom & Jerry In... Mouse Attacks is produced especially for kids ages
> eight and up and will be released for Game Boy Color (Dedicated) in September
> 2000.
>
> Tom & Jerry In... House Trap
> In this unique Tom & Jerry adventure, you become Jerry as you try to outwit
> that nasty cat, Tom. As Jerry, you'll have to set traps, drop tacks, throw
> frying pans, and unlock ironing boards all in an effort to defeat Tom once
> and for all. You can even blow your dog whistle to sick Spike on Tom.
> You'll encounter household hijinx galore, running all over Tom & Jerry's
> house as you play this frantic escapade. A split screen allows you to watch
> the results of your "trap-setting" techniques as Tom encounters each trap.
> Play as Jerry or have a friend join in as Tuffy to help you take on Tom.
> Featuring one or two player modes, there are 15 different levels of play -
> each based on a "classic" Tom & Jerry cartoon. Produced especially for kids
> ages eight and up, Tom & Jerry In... House Trap will be released for
> PlayStation in October 2000.
>
> Tom & Jerry In... Fists of Furry
> They're back and better than ever! It's an action-packed good time with Tom
> & Jerry - but now they're doing battle in YOUR house! It's your turn to
> catch the mouse or outwit that cat! Play as Tom, Jerry, Butch, Spike, Tike,
> Tuffy, Toodles or Duckling in a fight to the finish as you struggle with the
> computer or a friend in a choice of one or two player modes. All of the fun
> fighting is just like on the show - with frying pans, pool cues, pies,
> drainpipes and much, much more. Choose to fight in one of 9 different arenas
> - the kitchen, the backyard, and all the classic Tom & Jerry rooms you'd
> expect. See Tom & Jerry as you've never seen them before - in fully 3D
> rendered and 3-dimensional environments! Have a blast! Produced especially
> for kids ages eight and up, Tom & Jerry In... Fists of Furry will be released
> for Nintendo 64 in October 2000.
>
> Goofy's Fun House (Goofy's First Time on PlayStation!)
> Goofy's Fun House is a unique blend of great 3D game play and classic Disney
> animation. Featuring hours of game play and wacky action, this hilarious new
> game is set in Goofy's house where he discovers that his prized photos are
> missing pieces! Playing as Goofy, players must search throughout the house
> in a challenging attempt to locate these missing elements and return them to
> the photos. Once a photo has been completely restored, the player is
> rewarded with a full length, classic Goofy cartoon featuring the adventure
> during which the photo was taken. Offering hours of exciting game play, kids
> will love searching for the missing pieces throughout the house, the garage,
> the garden, the workshop, and 40 other areas where they could be hidden.
> Produced especially for kids ages six through twelve, Goofy's Fun House
> features original character voices and music -- and special appearances from
> other popular classic Disney characters including Mickey, Donald, and Pluto!
> An innovative convergence of video game play and traditional entertainment
> offering the young game enthusiast an unprecedented interactive challenge
> throughout its 16 different environments and 10 mini games and puzzles,
> Goofy's Fun House will be released for PlayStation in November 2000.
>
> Winnie the Pooh: Tigger's Honey Hunt
> Oh no! Winnie the Pooh needs more honey! Play as Tigger while running,
> jumping and bouncing around the 100 Acre Wood in search of Pooh's "most
> favorite" snack! Along the journey, you'll meet many challenges - ice and
> snow, riding in a toboggan, "balloon floating" and log rolling. Look out for
> bees, bats, crows and a really naggy hedgehog as they try to get in the way
> of your hunt for honey! You'll find your turtle friend to be a helpful pal!
> Gather all the honey as quickly as possible and bring them to Pooh! You can
> also collect pictures in each different level to begin making your photo
> album! A fun-filled adventure with mini-games, bonuses, exciting surprises
> and secret hiding spots will make for a "tiggeriffic" time in the 100 Acre
> Wood. Produced especially for kids ages four to eight, young gamers will
> delight in playing its nine levels and four bonus mini games. Winnie the
> Pooh: Tigger's Honey Hunt will be released for PlayStation and Nintendo 64 in
> October 2000.
>
> Sesame Street Sports: The "S" Games
> It's sports the Sesame Street Way! It's fun, features your favorite Sesame
> Street friends, and best of all - kids love it! It's the first annual 'S'
> Games on Sesame Street and the contestants are ready and raring to go! Big
> Bird hosts the action as the color commentator to help kids along the way.
> Try your best in six different Sesame Street Sport events. Each event
> features one of your favorite Sesame Street pals! Steer the clumsy, Grover
> on his unicycle, shoot the rapids with Ernie in his bathtub, take on the dirt
> race track with Zo‰ on her Big Wheel, slip and slide down the slalom course
> will Telly in his snow saucer, go bouncing with Cookie Monster on his
> bouncing ball, or guide Elmo as he skates through the streets on in-line
> skates! Check out the Up Close and Personal interviews and videos with all
> the
> contestants! And young players get a special tutorial to show them how to
> play. Produced especially for kids ages three to six, Sesame Street Sports:
> The "S" Games will be released for Game Boy Color and PlayStation in October
> 2000.
>
> Dragon Tales: Dragon Seek (First Time on any Video Game Platform!)
> It's Hide & Seek with all of your friends in Dragon Land! Keep your eyes
> open; those friendly dragons are likely to be hiding anywhere. Play as Emmy
> or Max or create your own character in your own image, as you seek out
> Cassie, Ord, Zak, Wheezie and other friends. And, if you need help, Quetzal
> is there to lend a hand. Fly with the dragons to get a "dragon's eye" view
> of Dragon Land, collecting enough Dragon Berries along the way to play in a
> special bonus sing-along mode! A storybook feature lets you replay the
> highlights from your Dragon Seek adventures! Players can also save the
> Storybook to a memory card so that they can review all their best highlights
> with friends and parents! Produced especially for kids ages three to six,
> players can choose from a variety of four different difficulty levels and
> four ever-changing worlds! Dragon Tales: Dragon Seek will be released for
> PlayStation in October 2000.
>
> Dragon Tales: Dragon Wings (First Time on any Video Game Platform!)
> Every young dragon needs to learn how to fly before they can venture out into
> Dragon Land. As a young dragon, players will attend Quetzal's "School in the
> Sky" and undergo rigorous training to learn how to use their wings. You'll
> be expected to learn everything from the basics: like hovering and wing
> flapping; to the challenging: like carrying treasures, using your dragon
> breath, and flying in formation. Once you've mastered all of those lessons,
> you will graduate into a full-fledged dragon and will be ready to embark for
> Dragon Land, where you'll journey through and fly over exciting lands - just
> like on the show. There are plenty of challenges throughout with Emmy, Max,
> Cassie, Zak, Wheezie, Ord and Quetzal on-hand to give players clues and help
> along the way. Produced especially for kids ages three to six, young players
> will enjoy the challenge of searching for the treasured dragon scales while
> keeping their eyes peeled and wings flapping! Dragon Tales: Dragon Wings
> will be released for Game Boy Color in October 2000.
>
>
We urge everyone to perform their own due diligence and confirm this and all concerns with Richard Rabins, NewKidCo International Inc., (781) 229-2924 x103, richard@newkidco.com |
