SOURCE: Bad Toys Holdings, Inc.

May 18, 2005 09:00 ET

Bad Toys Holdings, Inc. Releases 1st Quarter Results

KINGSPORT, TN -- (MARKET WIRE) -- May 18, 2005 -- Bad Toys Holdings, Inc. (OTC BB: BTYH) announces the release of its 1st quarter results. The Company reported revenue of $11,289,664 for the quarter ended March 31, 2005. The increase in revenues is attributable to the Company's acquisition of Southland Health Services, Inc. The Company also reported its first profitable quarter since it commenced trading in November 2003 of $703,269 net profit. The Company's financial statements can be accessed on the Company's website, www.badtoysholdings.net, or www.sec.gov.

Larry N. Lunan, President and Chief Executive Officer, stated, "The Company's acquisition efforts in 2004 will be evident in its 2005 results."

The Company anticipates continued growth in both divisions during 2005 through internal expansion and additional acquisitions. Mr. Lunan stated, "When the Company completes its new borrowing line, the Company will have sufficient working capital to grow both divisions and the Company believes both will be profitable during the third and fourth quarters of 2005."

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 more than 160 ambulances and wheelchair vans and have over 1,100 full- and part-time employees. At our current run rate we anticipate transporting more than 130,000 patients 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 online and directly from our retail and factory outlets. This division participates in Sprint Car Racing products and custom car construction & restoration. The Company also offers brokerage services for custom cars & motorcycles.

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.badtoysholdings.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

  • For further information, contact:
    Bad Toys Holdings, Inc.
    Larry N. Lunan
    President and Chief Executive Officer
    (423) 247-9560

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

    Further information about the Company
    may be obtained on its website:
    www.badtoysholdings.net