SOURCE: Bad Toys Holdings, Inc.

December 29, 2006 14:23 ET

Bad Toys Holdings, Inc. Announces the Filing of Amendment No. 4 to Southland Health Services, Inc.'s Registration Statement on Form S-1

KINGSPORT, TN -- (MARKET WIRE) -- December 29, 2006 -- Bad Toys Holdings, Inc. (OTCBB: BTYH) (the "Company") announced today the filing by Southland Health Services, Inc. ("Southland") of Amendment No. 4 to Southland's Registration Statement on Form S-1 with the Securities and Exchange Commission (the "SEC"). Southland, a wholly owned subsidiary of the Company, filed the aforementioned registration statement to effect the spin-off of Southland to the Company's shareholders.

Larry Lunan, CEO of Bad Toys Holdings, Inc., commented, "The Company has worked closely with the SEC and our legal counsel to appropriately respond to SEC's most recent comments to our Amendment 3 and accordingly amend the Registration Statement. The Company will ascertain during the first week in January 2007 if any additional comments will be forthcoming. Our efforts continue to be directed at having the Registration Statement declared effective so that the spin-off of Southland Health Services, our ambulance division, can be finalized. We continue to believe that the separation of the Company's two operating divisions will benefit each division as well as the Company's shareholders. If the registration statement is declared effective, the Company plans to give effect to the spin-off during the first quarter of 2007."

The Company's common shares have been trading with the Southland stock dividend attached since January 12, 2006. The Company will attempt to provide its shareholders with at least ten (10) days notice of the date that the Company's stock will begin trading "ex-dividend" (i.e. without the right to receive the Company's declared dividend of shares of the common stock of its wholly owned subsidiary, Southland). The Company will continue to keep its shareholders informed as this transaction continues to progress. Amendment No. 4 to Southland's Registration Statement on Form S-1 can be accessed on the Company's website,, or on the Securities and Exchange Commission's website, If you have any questions about this press release, please contact Mr. Lunan, the Company's Chief Executive Officer, whose contact information is provided below.

About Bad Toys Holdings, Inc.

Bad Toys Holdings, Inc. (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

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

  • Contacts:

    Larry N. Lunan
    President and Chief Executive Officer
    Bad Toys Holdings, Inc.
    (423) 247-9560

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