SOURCE: Bad Toys Holdings, Inc.

October 16, 2006 09:30 ET

Bad Toys Holdings, Inc. Announces the Filing of the S-1 Amendment 1 to Effect the Spin-Off of Its Wholly Owned Subsidiary, Southland Health Services, Inc.

KINGSPORT, TN -- (MARKET WIRE) -- October 16, 2006 -- Bad Toys Holdings, Inc. (OTCBB: BTYH) (the "Company") announced today the filing of a Form S-1 Amendment 1 by its wholly owned subsidiary, Southland Health Services, Inc. ("Southland"), with the Securities and Exchange Commission to effect the registration and subsequent distribution of seventy-five percent (75%) of the common stock of Southland to the Company's shareholders.

The Company's common shares have been trading with the Southland stock dividend attached since January 12, 2006. The Company will continue to keep its shareholders informed as this transaction continues to progress. Southland's S-1 can be accessed on the Company's website, www.badtoys.net, or on the Securities and Exchange Commission's website, www.sec.gov.

Larry Lunan, CEO of Bad Toys Holdings, Inc., stated, "The Company has experienced many delays and has had numerous conferences with the SEC; we hope the filing of the 1st Amendment to the S-1 will assist in a rapid conclusion to this process for the benefit of our shareholders. We realize that the timing of the overall process has created certain anxieties within the investment community and with our shareholders, but we are excited to be moving forward again. As I previously stated in our press releases, we do believe that we are now in the final stages of this process."

About Bad Toys Holdings, Inc.

Bad Toys Holdings, Inc. (OTCBB: BTYH) participates in two distinct business segments:

Southland Health Services, Inc.

This division provides medical transportation services, including emergency and non-emergency ambulance services. Our Southland Division operates in over 200 communities within the following seven states: Mississippi, Alabama, Florida, Louisiana, Kansas, Tennessee, and Virginia. We operate in excess of 207 ambulances and wheelchair vans and have over 940 full and part-time employees. At our current run rate we will transport more than 130,000 patients in this calendar year.

Bad Toys, Inc.

This division, Bad Toys, Inc., American Eagle Manufacturing Company and Gambler Motorcycle Company, continues to design, manufacture, distribute, service and sell custom made, Harley-Davidson type, V-twin motorcycles from component parts. We also offer premium accessories, parts, customizing items and apparel related to Harley-Davidson motorcycles on-line and directly from our retail and factory outlets. This division also participates in Sprint Car Racing products and custom car construction and restoration.

For further information, contact Bad Toys Holdings, Inc., Larry N. Lunan, President and Chief Executive Officer, (423) 247-9560 or Al Kau, Investor Relations in California at (888) 795-3166. Further information about the Company may be obtained on its website at www.badtoys.net.

Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.

Contact Information

  • Contact:
    Larry N. Lunan
    President and Chief Executive Officer
    Bad Toys Holdings, Inc.
    (423) 247-9560
    http://www.badtoys.net/

    Al Kau
    Investor Relations in California
    (888) 795-3166